5419 S HERMITAGE Avenue Chicago, IL $ 264,000
5419 S HERMITAGE Avenue
$ 264,000
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5419 S HERMITAGE Avenue

Chicago, IL, 60609
$ 264,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,625

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Multi-Family Home for sale in Chicago, IL

for $264,000 with 6 bedrooms and 2 full baths. This home was built in 1918.

Exceptional Investment Opportunity! Welcome to 5419 S Hermitage Avenue - a solid, income-generating two-flat with tremendous upside potential. Built in 1918 and brimming with classic Chicago character, this approximately 3,000 sq. ft. multi-family property sits on a 3,750 sq. ft. lot and delivers both immediate cash flow and long-term value. The main structure features two well-appointed residential units, each offering 3 bedrooms and 1 bathroom. A third unfinished unit presents a rare value-add opportunity: bring your vision and unlock additional rental revenue or create a private owner's suite below grade. Area residents enjoy a commuter-friendly lifestyle with the Orange Line just 5 minutes away and easy access to Ashland and Halsted corridors for north-south travel throughout the city. The flat terrain and dedicated bike lanes make cycling a breeze, while multiple shopping centers, parks - including Gage Park, Ogden Park, and McKinley Park - and restaurants are all within easy reach. Lake Michigan is just 5 miles away, and Chicago Midway International Airport is a quick 4.7-mile drive. Rear parking with private driveway Proven rental market in a neighborhood on the rise Minutes to public transit, major expressways, and the University of Chicago Whether you're a first-time investor, a seasoned landlord, or a savvy house-hacker, 5419 S Hermitage Ave offers the flexibility, space, and upside to make it work for you.

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Multi-Family Contingent

Price

$ 264,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,140

Style

Contemporary

Year Built

1918

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12581608

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Flat
Architectural Style Contemporary
Construction Materials Brick
Year Built 1918
Township Lake
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 10
Status Contingent
Directions WEST ON 55TH STREET RIGHT ON HERMITAGE TO SUBJECT
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 4140.73
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 6
Room Type Utility Room-Lower Level
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Lake Michigan
Total Parking 0
Foundation Details Concrete Perimeter
Lot Dimensions 25X125
Lot Size Acres 0
Waterfront Y/N N
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* Excluded Features
List By
Real Estate Growth Partners

Broker

lorikwyatt@gmail.com

Email

Affordability Calculator

$1,970
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,625
Monthly Property Taxes
$345
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$264,000 -0.38% Price Down
3/3/2026$265,000 Listed Price

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5419 S HERMITAGE Avenue, Chicago, IL, 60609 is a Multi-Family Home for sale at $264,000. 5419 S HERMITAGE Avenue has 6 bedrooms, 2.0 baths, and was built in 1918. The property's zip code is 60609 which is in Chicago, IL