ClosedPrice Reduced

$610,000

$629,000
4521 Hermitage Avenue, Chicago, IL 60609
10 Beds5 Baths37 days
4521 Hermitage Avenue·Chicago, IL 60609
10Bedrooms
5Bathrooms
1888Year Built
About This Home

**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.

MLS# 12545752Listed January 14, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms10
Total Bathrooms5
Total Rooms10

Size & Structure

Year Built1888
Lot Size24 x 123.34

Location

CountyCook
TownshipSouth Chicago
Zip Code60609

Financial

List Price$610,000
Original Price$629,000
Annual Taxes (2024)$1,060
Monthly Tax Est.$88
Parcel #20064150090000
Interior Features

Heating

Natural GasForced AirIndv Controls

Basement

FinishedExterior EntryWalk-Up AccessFull
Exterior & Lot

Construction

Vinyl Siding

Foundation

Concrete Perimeter

Patio & Porch

DeckPorch
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Yes
Tax & Financial
Annual Taxes
$1,060
Tax Year 2024
Monthly Tax Est.
$88
per month
Price Reduced by $19,000
Original list price: $629,000
Property Location

4521 Hermitage Avenue, Chicago, IL 60609Cook County

$610,000
4521 Hermitage Avenue
10 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
37 days on market
24 x 123.34
$1,060/yr taxes
Price reduced $19,000
$3,294
estimated monthly payment
Principal & Interest
$3,206/mo
Property Tax
$88/mo
$610,000
20% — $122,000
3%50%
6.875%
3%12%
Loan Amount
$488,000
Down Payment
$122,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Homecoin.com
Agent: Jonathan Minerick
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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