IL
Cook
Chicago
60609
4314 S Hermitage Avenue, Chicago, IL 60609
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Listing Type
Commercial/Industrial
Listing Status
Active
28
$340,000

Home Details for 4314 S Hermitage Avenue

Price
$340,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1903
Lot size acres
0.07
County
Cook
Garage
Basement
Partially Finished
Days on site
0
MLS Listing#
12533980
Property Description

Solid 6-unit multifamily 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 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 rented currently under market value, and still cash flows. Potential to increase rents for a bigger return. Perfect investment for buy and hold investor or family looking to live and rent out the other units to get your mortgage paid. Dont miss out on this opportunity .

Property Features
  • Cooling Information
    • Window Unit(s)
  • Basement
    • Partially Finished
Listing Courtesy: Realty of America, LLC - 708-788-1900
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-12-25 02:31:17. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last Updated: 2025-12-25 02:31:17
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EXIT INFINITY REALTY
1621 W. Walnut St #100, Chicago, IL 60612
Office
312 834 4383
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