862 N Hermitage Ave

Chicago IL 60622

Multi-Family

Last sold for $865,000

Bradley Dumes, last sold this property on 31 July 2025 after 35 days on market.

Overview

Brick 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.

Features

8 bedrooms

4 bathrooms

2 carspaces

2 garage spaces

Multi-Family

Estimated Value

Based on this property and similar 8 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 862 N Hermitage Ave is $1.02m.

Median value

$1.02m

Estimated value range

$525k - $1.95m

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 862 N Hermitage Ave

2025

Sold

$865,000

31 Jul 2025 by Bradley Dumes, of Baird & Warner

2017

Sold

$775,000

04 Apr 2017 by Richard Anselmo, of @properties Christie's International Real Estate

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.