4521 South Hermitage Avenue

Chicago IL 60609

Multi-Family

Last sold for $620,000

Jonathan Minerick, last sold this property on 15 May 2026 after 120 days on market.

Overview

**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.

Features

10 bedrooms

5 bathrooms

4 carspaces

Multi-Family

Estimated Value

Based on this property and similar 10 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 4521 South Hermitage Avenue is $345k.

Median value

$345k

Estimated value range

$150k - $620k

Median days on market

Estimated value trend

200%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4521 South Hermitage Avenue

2026

Sold

$620,000

15 May 2026 by Jonathan Minerick, of Homecoin.com

2024

Sold

$100,000

31 Oct 2024 by Uriel Ayala, of REMAX Mi Casa | Chicago

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.