4521 Hermitage Avenue, New City, Chicago, Illinois 60609
$610,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 10 |
| Baths: | 0 |
| Year Built: | 1888 |
| Property Taxes: | $1,060 |
| Days On Market: | 61 |
| Lot Size: | 0,00 |
Description
**Attention** Amazing Investment Opportunity in New City/Back of the Yards. Move in ready 4 units, brand new, fully gutted and rehabbed with plans and permits from the City of Chicago. Everything is new, luxurious and pristine. New copper pipe all throughout, new electrical all throughout, new furnaces and central heating/cooling for each unit. New roofing. New individual water heaters for each unit. New kitchen cabinets as well as new appliances for each unit. Bathrooms have been remodeled and new flooring installed in every unit. Everything is brand new. **Unit 1** First floor front unit featuring a 2 bed/1 bath with high ceilings. **Unit 2** First floor rear unit featuring a 2 bed/1 bath with high ceilings as well. **Unit 3** Second floor unit expanding the entire length of the building featuring jumbo ceilings and 3 bed/2 bath with a master suite bathroom and a huge master closet. **Unit 4** Legal Lower Level unit expanding the full length of the property and features a beautiful kitchen and 3 bed/1 bath. The first and second floor units feature massive ceilings, allowing for tons of natural light to flow in. Luxury light fixtures installed all throughout the building. A brand new wooden deck was constructed and finished in 2025, allowing access to the three back units, as well as space for outdoor use. A new parking pad and fence along the back alley have also been put in. Additionally, this beautiful property is a stone's throw away from Davis Square park. A prime location in a flourishing neighborhood with strong rental activity. The amount of the listed rents are projected based on the property condition, neighborhood, and property features. ACT QUICKLY! This is an incredible investment opportunity featuring a strong projected cash flow. Live in one unit, rent out the other three, or simply make an excellent addition to your investment portfolio.
Property Specifics
| Multi-unit | |
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| 1888 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12545752 | |
| 20064150090000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 21 May, 2021 | Sold | $1,250,000 | MRED MLS |
| 18 Mar, 2021 | Under contract | $1,300,000 | MRED MLS |
| 18 Mar, 2021 | Listed for sale | $1,300,000 | MRED MLS |
| 31 Oct, 2024 | Sold | $100,000 | MRED MLS |
| 2 Oct, 2024 | Under contract | $139,900 | MRED MLS |
| 3 Sep, 2024 | Listed for sale | $139,900 | MRED MLS |
| 23 Feb, 2026 | Under contract | $610,000 | MRED MLS |
| — | Last price change | $629,000 | MRED MLS |
| 14 Jan, 2026 | Listed for sale | $629,000 | MRED MLS |
Room Specifics
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
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Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 24 x 123.34 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $7,744 |
| 2024 | $1,034 |
| 2026 | $1,060 |
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Listing Provided By
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