4521 S Hermitage Avenue
Chicago, IL, 60609
$610,000
10 Beds
5 Baths
0 SqFt
0 Acres
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MLS #MRD12545752 image #0
**Attention** Amazing Investment Opportunity in New City/Back of the Yards. Move in ready 4 units, brand new, fully gutted and rehabbed with plans and permits from the City of Chicago. Everything is new, luxurious and pristine. New copper pipe all throughout, new electrical all throughout, new furnaces and central heating/cooling for each unit. New roofing. New individual water heaters for each unit. New kitchen cabinets as well as new appliances for each unit. Bathrooms have been remodeled and new flooring installed in every unit. Everything is brand new. **Unit 1** First floor front unit featuring a 2 bed/1 bath with high ceilings. **Unit 2** First floor rear unit featuring a 2 bed/1 bath with high ceilings as well. **Unit 3** Second floor unit expanding the entire length of the building featuring jumbo ceilings and 3 bed/2 bath with a master suite bathroom and a huge master closet. **Unit 4** Legal Lower Level unit expanding the full length of the property and features a beautiful kitchen and 3 bed/1 bath. The first and second floor units feature massive ceilings, allowing for tons of natural light to flow in. Luxury light fixtures installed all throughout the building. A brand new wooden deck was constructed and finished in 2025, allowing access to the three back units, as well as space for outdoor use. A new parking pad and fence along the back alley have also been put in. Additionally, this beautiful property is a stone’s throw away from Davis Square park. A prime location in a flourishing neighborhood with strong rental activity. The amount of the listed rents are projected based on the property condition, neighborhood, and property features. ACT QUICKLY! This is an incredible investment opportunity featuring a strong projected cash flow. Live in one unit, rent out the other three, or simply make an excellent addition to your investment portfolio.

Property Details

Price:
$610,000
MLS #:
MRD12545752
Status:
Active Under Contract
Beds:
10
Baths:
5
Type:
Multi Family
Neighborhood:
chinewcity
Listed Date:
Jan 14, 2026
Year Built:
1888
Chi – New CityChinewcity

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Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air, Indv Controls

Exterior

Construction Materials
Vinyl Siding
Parking Features
Yes
Parking Spots
4
Parking Total
4
Patio And Porch Features
Deck, Porch

Financial

Tax Year
2024
Taxes
$1,060

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of May 16, 2026
1,371
Multi Family Listed
79
Avg DOM
$515,111
Avg List Price

Property Summary

    4521 S Hermitage Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60609. It is listed for $610,000

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