Sold

Closed

846 N Hoyne Avenue

Chicago IL, 60622

$1,615,000


Sold

Closed

Multi-family

Built in 1912

Courtesy of Triton Realty Group LLC

846 North Hoyne Avenue is a six (6)-unit multifamily building located in Chicago's Ukrainian Village. This vintage brick walk-up has five renovated units and contains an excellent unit mix, featuring six (6) 2 bed | 1 bath apartments. This property has been renovated by a reputable builder in the area to exceed today's standards and expectations. All six apartments showcase desirable floor plans with in-unit laundry and outdoor balconies. There is ample living space and plenty of natural light. Five of the six units have been gut rehabbed throughout 2022 with stunning new kitchens with quartz counters, high-end bathroom design, and floors. The utilities are separately metered for heat, electric and cooking gas. The building has 6 newer furnaces, A/C units and water heaters, plus a full basement for storage. Further building improvements that have been done include a new roof within the last 5 years, brand new Pella windows throughout, new gutters and an abundance of masonry and tuck-pointing work. 846 N. Hoyne Avenue presents an incredible investment opportunity to acquire a value-add property in one of Chicago's most desirable neighborhoods, Ukrainian Village. An investor has the prospect of adding value through significant rent increases as most were rented through construction during off-season. A buyer has a great opportunity to acquire an investment with huge upside potential in an appreciating location.

11811517

MLS ID

June 19, 2023

Listed

November 25, 2024

Updated

Map

846 N Hoyne Avenue
Chicago IL, 60622

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Other Property Details

Area Name

CHI - West Town


Taxes

$10,389


Tax Frequency

Annually


Days on Market

81


Garage

No


View

No


County

Cook


Pool

No


Zoning

MULTI

Listing History

Date

Event

Price

2/7/2024

Sold

$1,615,000

2/2/2024

Price change

$1,615,000

-5%

2/2/2024

Sold

$1,615,000

1/7/2024

Under contract

Courtesy of Triton Realty Group LLC, Nico Krajecki,
Listing Contact: 312-788-9379 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Klopas-Stratton Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:35 PM UTC, 11/25/2024

 

 

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