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$620,000
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Property Description
**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.
Full Property Details
Full Property Details for 4521 S Hermitage Ave
General
- Sold For: $620,000
- Taxes: $1,060 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12545752
- Added to Site: 149 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 10
Additional Information
- Other Features: School Bus Service, Commuter Bus, Interstate Access
Parking
- Total Spaces: 4
- Parking Features: Yes
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: 43 OR 47 ST TO HERMITAGE, EAST OF WESTERN, WEST OF ASHLAND
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Individual Controls
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Finished, Exterior Entry, Walk-Up Access, Full
- Foundation: Concrete Perimeter
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 24 x 123.34
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1888
- Tax Amount: $1,060
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20064150090000
Listed by Homecoin.com
Sold by Fulton Grace Realty
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Schools
Schools serving 4521 S Hermitage Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Seward Elementary Communication Arts Ac 4600 South Hermitage Avenue, Chicago, IL 60609 | PK-8 | 0.1 mi |
Richards Career Academy High School 5009 South Laflin Street, Chicago, IL 60609 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4521 S Hermitage Ave
Date
Details
Price
Change
Source
5/15/2026
Sold
$620,000
1.64%
MLS
2/11/2026
Price Reduced
$610,000
-3.02%
MLS
1/14/2026
Listed
$629,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4521 S Hermitage Avenue, Chicago, IL 60609 (MLS# 12545752) is a Multi-Family property that was sold at $620,000 on May 15, 2026. Want to learn more about 4521 S Hermitage Avenue? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

