IL > Chicago
Chicago, IL 60609,4314 S Hermitage AVE
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Chicago, IL 60609,4314 S Hermitage AVE
Chicago, IL 60609,4314 S Hermitage AVE
Chicago, IL 60609,4314 S Hermitage AVE
Chicago, IL 60609,4314 S Hermitage AVE
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Samuel Stella

Samuel Stella

+1(224) 426-4652
$ 319,999
Est. payment /mo
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4314 S Hermitage AVE Chicago, IL 60609

2 Beds

1 Bath

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12541608

Bedrooms 2

Year Built 1903

Annual Tax Amount $3,573

Tax Year 2024

Lot Dimensions 3100

Property Sub-Type Two to Four Units

Property Description

Solid 4-unit multifamily with 2 IN-LAW BASEMENTS opportunity located in the New City/Back of the yards neighborhood, offering strong upside and cash-flow potential after cosmetic improvements. Major updates already completed include a brand-new roof (2-3 years) and new 5/8" drywall throughout the property, providing a strong foundation for a value-add strategy. The heating system is fully functional, allowing investors to focus on increasing rents rather than major repairs. Conveniently located just one block from a park and 2 blocks away from a public school, supporting consistent rental demand. Ideal for investors looking to force appreciation, increase NOI, and maximize long-term returns. Property sold AS-IS. Buyer responsible for all due diligence. Fully occupied currently renting under market value. Increase rents for a higher cash-flow. Perfect investment for buy and hold investors or family looking to live and rent out the other units to get your mortgage paid. Dont miss out on this opportunity . Schedule your showing and start building your rental portfolio with this property.

Location

State IL

County Cook

Area Chi - New City

Rooms

Basement Partially Finished, Exterior Entry, Full, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Aluminum Siding, No

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by David Verdin of  Realty of America, LLC 
Samuel Stella

Samuel Stella

Designated Managing Broker / Owner | License ID: 471.021016

+1(224) 426-4652

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4314 S Hermitage AVE

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