5031 S Hermitage Avenue Chicago, IL ^$ 665,000

5031 S Hermitage Avenue

^$ 665,000

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5031 S Hermitage Avenue

Chicago, IL, 60609

^$ 665,000

Bedrooms5 Baths0.0

Monthly Estimate*

^$ 4,149

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Multi-Family Home for sale in Chicago, IL

for $665,000 with 5 bedrooms. This home was built in 1905.

Welcome to this beautifully maintained six-unit property, a true turnkey investment opportunity! Five 2 bedroom and one 3 bedroom unit. Each unit has been thoughtfully updated and features quartz countertops, hardwood floors, and an abundance of natural sunlight throughout. Tenants enjoy the comfort and efficiency of separate utilities, including individual HVAC systems a rare and valuable feature that simplifies management and maximizes returns. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer ready to step into multifamily ownership, this property offers endless potential with zero hassle. Just move in and start earning, no updates needed! Don't miss out on this exceptional opportunity to own a low-maintenance, high-quality asset! THIS PROPERTY IS NOT FOR RENT - PLEASE BE WARE OF SCAMS. PROPERTY IS UNDER SURVELLIANCE.

Multi-Family Contingent

Price

^$ 665,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 3,255

Style

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12473376

Features

General

Cooling Central Air

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1905

Tenant Pays Electricity Heat

Stories Count 3

Tax Year 2023

Gross Income 92400

County Cook

Net Operating Income 75695

Operating Expense 16705

Insurance Expense 3600

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 1500

Status Contingent

Directions 51ST ST. TO SOUTH HERMITAGE AVENUE

City Chicago

Number Of Units Total 6

MLS Area CHI - New City

Tax Annual Amount 3255

Electric Expense 600

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 2800

Additional Parcels Y/N N

Standard Status Active Under Contract

Interior

Basement Unfinished

Exterior

Lot Dimensions 25X125

* Excluded Features

List By

Trp Realty Llc

Broker

eesquivel@resurrectionproject.org

Affordability Calculator

$4,420

Per Month

Monthly Principal & Interest: $4,149
Monthly Property Taxes: $271
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 7%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/16/2025	$665,000		Listed Price

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5031 S Hermitage Avenue, Chicago, IL, 60609 is a Multi-Family Home for sale at $665,000. 5031 S Hermitage Avenue has 5 bedrooms, 0.0 baths, and was built in 1905. The property's zip code is 60609 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/7/2025.

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5031 S Hermitage Avenue

Multi-Family Home for sale in Chicago, IL

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