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$830,000
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Property Description
Exclusively engaged to present 7601 S. Hermitage Ave for sale. A 13 unit walkup located in Chicago's Auburn Gresham neighborhood. The subject property features (3) Studio units. (7) 1 BD/1 BA and (3) 2 BD/1 BA. Current ownership has renovated units with updated kitchens and baths. Cap-Ex improvements include newer porches. The building has been pridefully maintained and well managed. The subject property presents qualified investors the opportunity to acquire an asset with the ability to increase rental rates through leasing and management.
Full Property Details
Full Property Details for 7601 S Hermitage Ave
General
- Price: $830,000
- HOA FEE: $3,900
- Taxes: $12,858 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12680420
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: Located at 76th St. and Hermitage Ave.
Heating & Cooling
- Heating Type: Radiators
Utilities
- Trash: 3600
Structural Information
- Stories/Levels: 3
- Year Built: 1930
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 25 x 100
Financial Considerations
- Maint. Fee: $3,900
- Insurance Fee: $7,900
- Operating Expenses: $51,088
- Other Fee: $3,900
- Assessment Year: 1930
- Tax Amount: $12,858
- Tax Year: 2024
- Pays Electric: 500
- Pays Trash: 3600
Disclosures and Reports
- Property ID: 20304170010000
Listed by Flats, LLC
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Schools
Schools serving 7601 S Hermitage Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Barton Elementary School, Chicago, IL 7650 South Wolcott Avenue, Chicago, IL 60620 | PK-8 | 0.2 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 3.4 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 7601 S Hermitage Ave
Date
Details
Price
Change
Source
6/17/2026
Listed
$830,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7601 S Hermitage Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,463
—
$64,000
18%
2023
$11,463
3%
$54,329
—
2022
$11,175
2%
$54,329
—
2021
$10,925
11%
$54,329
23%
2020
$9,851
11%
$44,223
—
2019
$8,885
2%
$44,223
—
2018
$8,736
-8%
$44,223
—
2017
$9,506
7%
$44,160
—
2016
$8,845
9%
$44,160
—
2015
$8,092
21%
$44,160
22%
2014
$6,710
2%
$36,166
—
2013
$6,578
1%
$36,166
—
2012
$6,490
—
$36,166
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7601 S Hermitage Ave
7601 S Hermitage Avenue, Chicago, IL 60620 (MLS# 12680420) is a Commercial property. 7601 S Hermitage Avenue is currently listed for $830,000 and was received on June 17, 2026. Want to learn more about 7601 S Hermitage Avenue? Do you have questions about finding other Commercial real estate for sale in Auburn Gresham? You can browse all Auburn Gresham real estate or contact a Coldwell Banker agent to request more information.

