5419 S Hermitage Avenue

Active Under Contract
  • $264,000
    • Beds: 6
    • Baths: 2
    • Lot Sq Ft: 0 acres

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.

Price:$264,000
Address:5419 S Hermitage Avenue
City:Chicago
State:Illinois
MLS:12581608
Lot Square Feet:0 acres
Bedrooms:6
Bathrooms:2
mrdMc:Active
mrdRr:yes
mrdAge:100+ Years
mrdB78:yes
mrdHem:yes
mrdIdx:Y
mrdInf:None
mrdLsz:Less Than .25 Acre
mrdSas:N
mrdTmu:2 Flat
mrdTnu:2
taxyear:2024
roomType:Utility Room-Lower Level
mlsstatus:Contingent
mrdRebuilt:yes
possession:Closing
roomstotal:10
contingency:Attorney/Inspection
mrdBoardnum:8
watersource:Lake Michigan
actualStatus:Contingent
mlsareamajor:CHI - New City
mrdRehabYear:2023
waterfrontyn:no
buyerteamname:TEAM JC
mrdConttoshow:Yes
mrdRebuiltYear:2023
mrdSpecSvcArea:N
taxannualamount:4140.73
mrdFullBathsBldg:2
foundationdetails:Concrete Perimeter
lotsizedimensions:25X125
newconstructionyn:no
architecturalstyle:Contemporary
highschooldistrict:299
allowedUseCaseGroups:IDX
purchasecontractdate:2026-04-07T00:00:00+00:00
elementaryschooldistrict:299
speciallistingconditions:None
middleorjuniorschooldistrict:299
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Listed by: Real Estate Growth Partners

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