5431 S Hermitage Avenue
Chicago, IL, 60609 $ 315,000
Bedrooms5 Baths3.0 Monthly Estimate*
$ 1,989
for $315,000 with 5 bedrooms and 3 full baths. This home was built in 1914.
A well-maintained and versatile two-flat offering an incredible opportunity for both investors and owner-occupants. This spacious property features a total of 5 bedrooms and 3 full bathrooms, providing flexibility for rental income, multigenerational living, or owner occupancy. The first-floor unit offers 2 generously sized bedrooms, 1 full bathroom, a large primary suite, and spacious living areas designed for comfortable everyday living. The second-floor unit features 2 bedrooms plus an additional bonus room that can easily serve as a third bedroom, home office, nursery, or flex space. It also boasts a large primary suite and oversized rooms throughout. The finished basement expands the home's functionality with a full bathroom, dedicated laundry room, and additional finished living space ideal for recreation, storage, a home gym, or extended family use. Conveniently located with easy access to Interstate 90/94 (Dan Ryan Expressway) and Interstate 55, commuting throughout Chicago and the surrounding suburbs is quick and convenient. The property is just minutes from neighborhood grocery stores, shopping centers, restaurants, parks, schools, public transportation, and everyday essentials. Nearby amenities include Sherman Park, the Englewood shopping corridor, and convenient access to the CTA Red Line and Green Line, making travel throughout the city simple. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking the opportunity to live in one unit while generating rental income from the other, this property offers exceptional versatility, generous living space, and outstanding value. Don't miss your chance to own this income-producing two-flat in a convenient South Side location. Sold AS-IS. Schedule your private showing!
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Electric
Possession Closing
Construction Materials Brick
Year Built 1914
Township South Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Subdivision Name Back of the Yards
Total Rooms 9
Status Contingent
Directions Take the Garfield Blvd (55th Street) exit. Go west on Garfield Blvd/55th Street. Turn left (south) on Ashland Avenue. Continue to 54th Street and turn right (west). Go one block and turn left (so
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 1410
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Partially Finished Full
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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ExteriorWater Source Public
Total Parking 0
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
marcus.lambert@cbrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,989
- Monthly Property Taxes
- $118
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $627,206
Percent of Sale Price 99%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/3/2026 | $290,000 | | Listed Price |