846 North Hoyne AvenueChicago, IL 60622Price: $1,699,900

  • Price: $1,699,900
  • 171 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1912Year Built

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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.

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Listed by Nico Krajecki of Triton Realty Group LLC

Based on information submitted to MRED  as of December 6, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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