12-Unit Multifamily
8000 S Hermitage Avenue Chicago, IL 60620
For Sale
$1,050,000
Twelve-unit apartment building with a mix of 2BD and 3BD apartments, producing stabilized in-place cash flow.
Days on Market10
Property Features for 8000 S Hermitage Avenue
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1929
Listing Agency:
Berman Anguiano Team LLC
(312) 610-1700
Listed By:
Jeremy DeMarco
(312) 610-1700
Source:
Perillorealestategroup
Added: Jul 15
Changed: Jul 21
Last Checked: Jul 23 at 6:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berman Anguiano Team LLC
Investment Insights
Based on property information with market context.
This is a 12-unit apartment building featuring an attractive unit mix of six 2-bedroom, 1-bath units and six 3-bedroom, 1-bath units. The property is described in the remarks as producing stabilized in-place cash flow at a 9.5% cap rate, with potential for additional income through increasing rents that are currently below market.
The building is located in Chicago’s Auburn Gresham neighborhood, near the Dan Ryan Woods and many national retailers.
The configuration is evenly split between the 2BD/1BA and 3BD/1BA layouts, supporting a straightforward, repeatable leasing profile across the property.
The building is located in Chicago’s Auburn Gresham neighborhood, near the Dan Ryan Woods and many national retailers.
The configuration is evenly split between the 2BD/1BA and 3BD/1BA layouts, supporting a straightforward, repeatable leasing profile across the property.
Key Highlights
- 12‑unit apartment building built in 1929
- Unit mix: 6 two‑bedroom/1‑bath units and 6 three‑bedroom/1‑bath units
- Stabilized in‑place cash flow with a stated 9.5% cap rate
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Twelve-unit apartment building with a mix of 2BD and 3BD apartments, producing stabilized in-place cash flow.
Where is this apartment building located?
The property is located at 8000 S Hermitage Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 12‑unit apartment building built in 1929; Unit mix: 6 two‑bedroom/1‑bath units and 6 three‑bedroom/1‑bath units; Stabilized in‑place cash flow with a stated 9.5% cap rate
