4314 S Hermitage Avenue, Chicago, IL 60609

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4314 S Hermitage Avenue,Chicago, IL 60609
$319,999
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: david verdin
Office: realty of america, llc.
MLS#:12541608
Source:MLSNI

Price summary

  • Price:$319,999

About this home

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

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Home facts

  • Year built:1903
  • Listing ID #:12541608
  • Added:1 day(s) ago
  • Updated:January 07, 2026 at 05:16 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1903

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$319,999
  • Tax amount:$3,573 (2024)
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