4314 S Hermitage Ave., Chicago, IL 60609

4314 S Hermitage Ave., Chicago, IL 60609
Photo 1 of 29
$319,999
Beds Baths Sq. Ft. Taxes Built
2 0.00 0 $3,573.12 1903
On the market: 5 days

Est. Monthly Payment:

$2,214($1,916 + $298 taxes*)

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APPROVED
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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 this opportunity . Schedule your showing and start building your rental portfolio with this property.
Listing courtesy of David Verdin, Realty of America, LLC