Chicago, IL 60609 5419 S HERMITAGE Avenue
$264,000



9 more









Presented By: Real Estate Growth Partners
Home Details
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.
Presented By: Real Estate Growth Partners
Interior Features for 5419 S HERMITAGE Avenue
Bedrooms
Bedrooms Possible6
Total Bedrooms6
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Full
Total Number of Units2
Other Rooms
Room TypeUtility Room-Lower Level
General for 5419 S HERMITAGE Avenue
Architectural StyleContemporary
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsWEST ON 55TH STREET, RIGHT ON HERMITAGE TO SUBJECT
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - New City
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount4140.73
Tax Year2024
Total Rooms10
TownshipLake
Year Built1918
Exterior for 5419 S HERMITAGE Avenue
Foundation DetailsConcrete Perimeter
Lot Dimensions25X125
Lot Size Acres
Total Parking0
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
