8615 S Hermitage Ave, Chicago, IL 60620 Sold

Transaction Highlights

• Address: 8615 S Hermitage Ave, Chicago, IL 60620
• Repairs: Rental Turn or Cosmetic Rehab
• Asking Price: $65,000
• AVR: $185-200K
• Rents for up to: $1,200 per month

This is a contract for a 1,423 sqft brick single family property with 3 bedrooms and 1.6 bathrooms with unfinished basement with a 2 car garage that appraised in 2013 for 138K.This property is sitting on a 3,968 sq.ft. lot.

The property has great bones with hardwood floors, vinyl windows, recessed lights, newer kitchen, furnace with central AC. Minimum work required to get prepared for rent or cosmetic work require to get ready for retail.

The taxes are only $1,950/year. Property was built in 19543.

Sold Comparables within the area within a few blocks:

• 8537 S Seeley Ave – 183K –  3 Bed 2 Bath – Sold 03/2018
  –  https://www.redfin.com/IL/Chicago/8537-S-Seeley-Ave-60620/home/13908757

• 8244 S Wolcott Ave – 204K – 4 Bed 2.5 Bath – Sold 11/2018
  – https://www.redfin.com/IL/Chicago/8244-S-Wolcott-Ave-60620/home/13907412
• 8354 S Hoyne  Ave – 199K – 4 Bed 2 Bath – Sold 07/2018
  – https://www.redfin.com/IL/Chicago/8354-S-Hoyne-Ave-60620/home/13907302