4615 S Hermitage Avenue, Chicago IL 60609
$350,000

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Property Description

Solid investment opportunity in the heart of Chicago's Back of the Yards/New City area! This classic multi-family property offers approximately 2,400 square feet of living space on a standard city lot, featuring multiple units with strong income potential. Built in 1888, the building showcases vintage character while providing an excellent value-add opportunity for investors or owner-occupants. The property offers 8 bedrooms and multiple baths across its units, making it ideal for generating rental income or creating a spacious multi-generational living setup. With a traditional frame exterior and functional layout, this building is ready, to maximize on your returns. Conveniently located across Seward Arts Academy Elementary, nearby parks, public transportation, and major roadways, the property provides easy access to downtown Chicago and surrounding neighborhoods. Whether you're looking to expand your portfolio or take on your next rehab project, this is a promising opportunity with long-term upside.

Features & Information

Key Details

  • List Price $350,000
  • Property Taxes $145
  • Year Built 1888
  • Status Price Change
  • List Market Time 58

Units

  • Unit 1

  • Floor 1
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances None
  • Rent $500/mo
  • Tenant Pays Electric,Gas,Heat,Water
  • Lease Expires M/M
  • Unit 2

  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Central Air Conditioner, Laundry Hook-Up
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires Owner
  • Unit 3

  • Floor 1
  • Rooms 4
  • Beds 2
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 00/00
  • Unit 4

  • Floor 2
  • Rooms 3
  • Beds 1
  • Baths 1
  • Appliances None
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 00/00

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 4
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property East On West 47th Street, North On South Hermitage Avenue
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 145
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 20064230050000

Listed by Soraida Navarro for Su Familia Real Estate Inc | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/26/2026 11:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Back of the Yards

The Back-of-the-Yards neighborhood is one of the original communities of the American Industrial Revolution. This was the site of radical social change that moved the country forward with progress in labor relations and how society views laborers. The slaughterhouses and harsh working conditions attracted both reformers and authors who acted as advocates for the everyman. Now the neighborhood is an intriguing place to explore, with a plethora of parks and a strong, diversified community that is expanding on its industrial base. Classic Chicago bungalows are joined by other single-family homes and some condominium conversions to give homeowners a wide range of real estate to choose from. Specialty grocery stores and an international selection of restaurants round out the backdrop of Chicago's Back-of-the-Yards neighborhood.

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