Address
7601 S Hermitage Avenue, Chicago, IL
Price
$ 830,000
Property Attributes
- MLS#12680420
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Auburn Gresham
- NeighborhoodAuburn Gresham
- Zip60620
- Style
- Year Built1930
- Taxes$ 12858
- Price$ 830,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Exclusively engaged to present 7601 S. Hermitage Ave for sale. A 13 unit walkup located in Chicago's Auburn Gresham neighborhood. The subject property features (3) Studio units. (7) 1 BD/1 BA and (3) 2 BD/1 BA. Current ownership has renovated units with updated kitchens and baths. Cap-Ex improvements include newer porches. The building has been pridefully maintained and well managed. The subject property presents qualified investors the opportunity to acquire an asset with the ability to increase rental rates through leasing and management.
| Price History | |
|---|---|
| 6/17/2026 | Listed $830,000 |
General Features
| Year Built | 1930 |
|---|---|
| Stories Count | 3 |
| Tax Year | 2024 |
| Gross Income | 132360 |
| County | Cook |
| Net Operating Income | 57825 |
| Operating Expense | 51088 |
| Insurance Expense | 7900 |
| Property Type | Commercial Sale |
| MaintenanceExpense | 3900 |
| Status | Active |
| Directions | Located at 76th St. and Hermitage Ave. |
| City | Chicago |
| Number Of Units Total | 13 |
| MLS Area | CHI - Auburn Gresham |
| Tax Annual Amount | 12858 |
| Electric Expense | 500 |
| Fuel Expense | 15600 |
| Trash Expense | 3600 |
| Water Sewer Expense | 5700 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Exterior Features
| Lot Dimensions | 25 X 100 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60620
Price
Taxes
Year Built
Visits
