4318 S Hermitage Ave Chicago, IL 60609
McKinley Park NeighborhoodEstimated payment $2,341/month
About This Home
Exceptional opportunity to own a solid four-unit building in the heart of Chicago's vibrant Back of the Yards neighborhood. Whether you're an investor seeking strong income potential or an owner-occupant looking to live in one unit while the other three help pay your mortgage, this property offers incredible value and long-term upside. Each of the four units features two bedrooms, one full bathroom, comfortable living areas, and layouts designed for everyday living. Additional highlights include a walk-up attic with a washer and dryer, a two-car garage, and excellent storage space. Ideally located at 4318 S. Hermitage Ave., this property is just minutes from Downtown Chicago with easy access to I-90/94, I-55, CTA bus routes, and the Orange Line. Enjoy being close to UIC, Pilsen, Chinatown, Guaranteed Rate Field, McKinley Park, schools, shopping, restaurants, and countless neighborhood amenities. This is a rare opportunity to own a versatile, income-producing property in a location with strong rental demand and continued growth. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this one checks all the boxes. Don't miss your chance to secure this outstanding investment-schedule your private showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,749
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Aluminum Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Additional Features
- 2-Story Property
- 3,049 Sq Ft Lot
- Heating System Uses Natural Gas
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,015 | $20,000 | $1,860 | $18,140 |
| 2024 | $2,015 | $20,000 | $1,860 | $18,140 |
| 2023 | $1,965 | $9,500 | $2,480 | $7,020 |
| 2022 | $1,965 | $9,500 | $2,480 | $7,020 |
| 2021 | $1,910 | $9,500 | $2,480 | $7,020 |
| 2020 | $2,420 | $10,795 | $3,100 | $7,695 |
| 2019 | $2,568 | $12,700 | $3,100 | $9,600 |
| 2018 | $2,525 | $12,700 | $3,100 | $9,600 |
| 2017 | $3,065 | $17,519 | $2,790 | $14,729 |
| 2016 | $3,028 | $17,519 | $2,790 | $14,729 |
| 2015 | $2,749 | $17,519 | $2,790 | $14,729 |
| 2014 | $2,248 | $14,593 | $2,635 | $11,958 |
| 2013 | $2,193 | $14,593 | $2,635 | $11,958 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | For Sale | $395,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $53,025 | Attorney | |
| Warranty Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $166,152 | FHA |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12708428
APN: 20064030290000
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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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.