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$250,000
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Property Description
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.
Full Property Details
Full Property Details for 5419 S Hermitage Ave
General
- Sold For: $250,000
- Taxes: $4,140 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12581608
- Added to Site: 156 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: WEST ON 55TH STREET, RIGHT ON HERMITAGE TO SUBJECT
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Contemporary
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1918
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1918
- Tax Amount: $4,140.73
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20074290070000
Listed by Real Estate Growth Partners
Sold by Cloud Gate Realty LLC
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Schools
Schools serving 5419 S Hermitage Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Fulton Elementary School, Chicago, IL 5300 South Hermitage Avenue, Chicago, IL 60609 | PK-8 | 0.1 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 1.6 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 5419 S Hermitage Ave
Date
Details
Price
Change
Source
7/01/2026
Sold
$250,000
-5.3%
MLS
3/20/2026
Price Reduced
$264,000
-0.38%
MLS
3/02/2026
Listed
$265,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5419 S Hermitage Avenue, Chicago, IL 60609 (MLS# 12581608) is a Multi-Family property that was sold at $250,000 on July 01, 2026. Want to learn more about 5419 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.

