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$1,050,000
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Property Description
8000 S Hermitage is a 12-unit apartment building located in Chicago's Auburn Gresham neighborhood. Featuring an attractive unit mix of [6] 2BD/1BA and [6] 3BD/1BA units, the property is producing stabilized in place cash flow at a 9.5% cap rate with room for upside by increasing currently below market rents. The property is in great physical condition and ideally located near the Dan Ryan Woods and many national retailers
Full Property Details
Full Property Details for 8000 S Hermitage Ave
General
- Price: $1,050,000
- HOA FEE: $4,800
- Taxes: $15,379 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12632165
Location
- Area: CHI - Auburn Gresham
- County: Cook
- Driving Directions: W 80th St & S Hermitage St
Heating & Cooling
- Heating Type: Individual Furnaces
Utilities
- Trash: 3949
Structural Information
- Stories/Levels: 3
- Year Built: 1929
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 7362
Financial Considerations
- Maint. Fee: $4,800
- Insurance Fee: $10,800
- Operating Expenses: $73,028
- Assessment Year: 1929
- Tax Amount: $15,379
- Tax Year: 2025
- Pays Electric: 1614
- Pays Trash: 3949
Disclosures and Reports
- Property ID: 20312120190000
Listed by Berman Anguiano Team LLC
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Schools
Schools serving 8000 S Hermitage Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Joplin Elementary School 7931 South Honore Street, Chicago, IL 60620 | K-8 | 0.1 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.
Tax History
Tax History for 8000 S Hermitage Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,379
—
$74,700
2%
2023
$15,379
3%
$72,888
—
2022
$14,992
2%
$72,888
—
2021
$14,657
15%
$72,888
28%
2020
$12,703
247%
$57,024
213%
2019
$3,659
-71%
$18,211
-72%
2018
$12,752
2%
$64,555
11%
2017
$12,546
7%
$58,280
—
2016
$11,673
9%
$58,280
—
2015
$10,680
45%
$58,280
46%
2014
$7,390
2%
$39,828
—
2013
$7,244
1%
$39,828
—
2012
$7,147
—
$39,828
—
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 8000 S Hermitage Ave
8000 S Hermitage Avenue, Chicago, IL 60620 (MLS# 12632165) is a Commercial property. 8000 S Hermitage Avenue is currently listed for $1,050,000 and was received on April 28, 2026. Want to learn more about 8000 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.

