8000 S Hermitage Avenue, Chicago, IL 60620 - Photo 1

1/1

$960,000

Sold
Closed
Commercial
Updated 5 days ago

1/1

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

Sold For: $960,000
Taxes: $15,379 (2025)
Status: Closed
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

Structural Information

Stories/Levels: 3
Year Built: 1929
Built Before 1978: Yes

Lot Features

Lot Dimensions: 7362

Financial Considerations

Operating Expenses: $73,028
Assessment Year: 1929
Tax Amount: $15,379
Tax Year: 2025

Disclosures and Reports

Property ID: 20312120190000

Listed by Berman Anguiano Team LLC
Sold by Berman Anguiano Team LLC

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— 8000 S Hermitage Ave —

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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.

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8000 S Hermitage Avenue, Chicago, IL 60620 (MLS# 12632165) is a Commercial property that was sold at $960,000 on August 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.

8000 S Hermitage Ave Chicago, IL 60620