4521 Hermitage Avenue, Chicago, IL 60609

$ 610,000

Overview

  • Updated On:
  • February 12, 2026
  • 5 Bathrooms
  • None Garages
  • Year Built:1888

Property Description

Welcome to this property located in Chicago, IL. featuring 10 bedrooms, 5 bathrooms. Built in 1888. this home is offered at $610,000.

**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.

Climate control includes natural gas, forced air, indv controls heating. A finished, exterior entry, walk-up access, full basement provides additional space.

The property sits on a 24 x 123.34 lot. with 4 parking spaces (yes). Outdoor living spaces include deck, porch.

Utilities include lake michigan water and public sewer sewer.

Located in Cook County.

Annual property taxes are $1,060 (as of 2024).

Address: 4521 Hermitage Avenue, Chicago, IL 60609
City:
Area:
Zip: 60609
Country: United States

Property Id: 85671
Price: $ 610,000
Property Lot Size: 2,960 ft2
Rooms: 10
Bathrooms: 5
Year Built: 1888
Exterior Type: Vinyl Siding
Parking Type: Yes
Basement: Finished basement
Parking Spaces: None
Beds Above Grade: 10
Garage: Yes
Heating System: Natural Gas, Forced Air, Indv Controls
Water Front: False
Tax Amount: 1060
Tax Year: 2024
County: Chicago
City: Chicago

Utilities
Natural Gas

$ 1,031,231.76
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,365.09

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