6115 Hermitage Avenue

This solid brick multi-unit property offers a rare opportunity in the heart of Edgewater, with projected income potential of up to $130,000. Situated on an extra-wide 37.5' x 162' lot along a quiet, tree-lined one-way street, the property is ideal for both investors and owner-occupants offering unlimited possibilities. Recent updates of over six figures make this turn key and ready to go. The front building is a classic all-brick 3-flat featuring spacious layouts and extensive recent upgrades. It includes two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, all with separate dining rooms, generously sized bedrooms, ample storage, and private outdoor spaces (front and rear for units 2 and 3). Renovations include modern shaker-style kitchens with stainless steel appliances and range hoods, updated bathrooms, refinished or new flooring, select upgraded windows, new lighting fixtures, and a newer porch. The basement provides additional value-add potential, with the option to create a laundry area (already roughed in) or maintain its current use with large private storage spaces. At the rear of the property, a separate frame 2-unit coach house presents a prime opportunity for further customization and opportunity. Currently configured as two 2-bedroom, 1-bath units, the coach house has been refreshed with all new kitchen cabinets, windows, upgraded bathrooms, and new flooring, drywall, and newer paint throughout. An unfinished attic and full unfinished basement, offers significant upside for added living space or storage. The expansive yard shared between the two buildings provides excellent green space and has a new fence on one side. Located on a quiet, tree-lined street just an 8-minute walk to the new Peterson Metra station. Quick and easy access to Andersonville, Whole Foods, and Chicago's beautiful lakefront. This property is a solid performer with minimal maintenance required thanks to the thoughtful and extensive recent updates. A truly turn-key, low-maintenance asset in one of Chicago's strongest rental markets-ideal for investors or owner-occupants alike. Projected cash flow is based on estimated market rents and expenses. This is a truly unique opportunity with substantial upside. Do not miss it!