Shawn Jones
Responds Quickly
Berkshire Hathaway HomeServices Chicago
(708) 905-8737
91 Total Sales
1 in East Village
$750,000 Price
862 N Hermitage Ave Chicago, IL 60622
East Village Neighborhood
8
Beds
4
Baths
--
Sq Ft
1898
Built
Highlights
- 2 Car Detached Garage
- Paved or Partially Paved Lot
- 3-minute walk to Bertha Honoré Palmer Park
- Forced Air Heating System
About This Home
As of July 2025Brick vintage 4 unit investment opportunity! Ideally located, this building is classic Wicker Park/East Village/West Town, two-and-a-half story with a huge expandable attic, front and back four-unit on a 25x130 lot with a two-car garage. Zoned RT-4. Makes a great income producer as it sits! Potential to greatly increase value if desired. Rent increases, units have rehab upgrade potential, attic ability to duplex top units, or be more creative. Lot size and location ideal for a SFH conversion or new build. Vibrant, high-demand rental area. Public transportation, restaurants, entertainment, shopping all steps away. This property is a rare and exciting opportunity.
Last Agent to Sell the Property
Baird & Warner License #475167997 Listed on: 06/25/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,527
Year Built
- Built in 1898
Lot Details
- Lot Dimensions are 25x130
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Asphalt Roof
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Basement
- Crawl Space
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $300
- Professional Management Expense $300
- Trash Expense $400
- Water Sewer Expense $600
- Gross Income $66,120
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2025
Closed on
Jul 30, 2025
Sold by
Restrepo Daniel and Betsill Christine
Bought by
Seller's Agent
Bradley Dumes
Baird & Warner
Buyer's Agent
Joseph Niego
Double TT Real Estate Inc.
List Price
$849,999
Sold Price
$865,000
Premium/Discount to List
$15,001
1.76%
Views
20
Purchase Details
Closed on
Apr 4, 2017
Sold by
Vavra David S
Bought by
Restrepo Daniel and Betsill Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
4.5%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Village, IL
-
Shawn Jones
-
Cornelis Hoogstraten
Cornelis Hoogstraten
RE/MAX Premier
(888) 413-6257
97 Total Sales
3 in East Village
$347K - $1.1M Price Range
-
Megan Weber
Megan Weber
Responds QuicklyBaird & Warner
(708) 859-6393
80 Total Sales
1 in East Village
$580,000 Price
-
Jennifer Barnes
Jennifer Barnes
@properties Christie's International Real Estate
(888) 372-1396
67 Total Sales
1 in East Village
$736,000 Price
-
Kelly Johnson
Kelly Johnson
@properties Christie's International Real Estate
(202) 875-5198
70 Total Sales
3 in East Village
$515K - $600K Price Range
-
Brian Khurelbaatar
Brian Khurelbaatar
Compass
(773) 869-7841
117 Total Sales
1 in East Village
$325,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $865,000 | Citywide Title | ||
| Restrepo Daniel | $775,000 | Acquest Title Services Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $720,000 | ||
| Previous Owner | Restrepo Daniel | $581,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $865,000 | +1.8% | -- |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $849,999 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,527 | $80,000 | $28,275 | $51,725 |
| 2024 | $16,527 | $80,000 | $28,275 | $51,725 |
| 2023 | $16,063 | $78,096 | $22,750 | $55,346 |
| 2022 | $16,063 | $78,096 | $22,750 | $55,346 |
| 2021 | $15,704 | $78,095 | $22,750 | $55,345 |
| 2020 | $13,288 | $59,649 | $11,050 | $48,599 |
| 2019 | $14,818 | $73,751 | $11,050 | $62,701 |
| 2018 | $14,568 | $73,751 | $11,050 | $62,701 |
| 2017 | $10,365 | $48,149 | $9,750 | $38,399 |
| 2016 | $9,644 | $48,149 | $9,750 | $38,399 |
| 2015 | $9,513 | $51,912 | $9,750 | $42,162 |
| 2014 | $7,636 | $41,158 | $8,125 | $33,033 |
| 2013 | $7,486 | $41,158 | $8,125 | $33,033 |
Source: Public Records
Agents Affiliated with this Home
-
Bradley Dumes
BD
Seller's Agent in 2025
Bradley Dumes
Baird Warner
(773) 697-5555
1 in this area
39 Total Sales
-
Joseph Niego
JN
Buyer's Agent in 2025
Joseph Niego
Double TT Real Estate Inc.
(773) 586-9600
1 in this area
1 Total Sale
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12376677
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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