Accepting Backups
4521 Hermitage Avenue
Chicago, IL 60609
$610,000 ▼ $19,000 from $629,000
10beds
5baths
—sqft
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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 Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1888
Age band100+ Years
Lot dimensions24 x 123.34
AreaCHI - New City
Bedrooms (total)10
Annual tax$1,060
Parcel #20064150090000
CountyCook
MLS #MRD12545752
Days on market104
Photos37
Features
Heating
Natural GasForced AirIndv Controls
Parking
Yes
Construction
Vinyl Siding
Patio / porch
DeckPorch
Sewer
Public Sewer
Listed by
Homecoin.com
Jonathan Minerick · 888-400-2513
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/27/2026, 8:08:21 AM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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