Allan McLeod-Smith
Smith and Jones Realty, LLC
(708) 809-2314
63 Total Sales
1 in Back of the Yards
$65,000 Price
5031 S Hermitage Ave Chicago, IL 60609
Back of the Yards Neighborhood
--
Bed
6
Baths
7,416
Sq Ft
1905
Built
About This Home
As of December 2025Welcome to this beautifully maintained six-unit property, a true turnkey investment opportunity! Five 2 bedroom and one 3 bedroom unit. Each unit has been thoughtfully updated and features quartz countertops, hardwood floors, and an abundance of natural sunlight throughout. Tenants enjoy the comfort and efficiency of separate utilities, including individual HVAC systems a rare and valuable feature that simplifies management and maximizes returns. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer ready to step into multifamily ownership, this property offers endless potential with zero hassle. Just move in and start earning, no updates needed! Don't miss out on this exceptional opportunity to own a low-maintenance, high-quality asset! THIS PROPERTY IS NOT FOR RENT - PLEASE BE WARE OF SCAMS. PROPERTY IS UNDER SURVELLIANCE.
Last Agent to Sell the Property
TRP Realty LLC License #471020849 Listed on: 09/16/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,255
Year Built
- Built in 1905
Home Design
- Brick Exterior Construction
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- 3-Story Property
- Lot Dimensions are 25x125
- Unfinished Basement
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $600
- Insurance Expense $3,600
- Maintenance Expense $1,500
- Other Expense $850
- Water Sewer Expense $2,800
- Operating Expense $16,705
- Gross Income $92,400
- Net Operating Income $75,695
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2025
Closed on
Nov 13, 2025
Sold by
Bought by
Seller's Agent
Erica Esquivel
TRP Realty LLC
Buyer's Agent
Heidi Eng
HEIDI H CHOW ENG
List Price
$665,000
Sold Price
$630,000
Premium/Discount to List
-$35,000
-5.26%
Views
75
Purchase Details
Closed on
Dec 19, 2011
Sold by
Bought by
Purchase Details
Closed on
May 19, 2008
Sold by
Bought by
Purchase Details
Closed on
Apr 30, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,600
Interest Rate
7.04%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 13, 1998
Sold by
Bought by
Purchase Details
Closed on
May 18, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Back of the Yards, IL
-
Allan McLeod-Smith
-
Brandice Hampton
Brandice Hampton
Baird & Warner
(630) 360-8819
126 Total Sales
1 in Back of the Yards
$143,500 Price
-
Richard Lomax
Richard Lomax
Fulton Grace Realty
(312) 376-3268
81 Total Sales
1 in Back of the Yards
$430,000 Price
-
Evan Peng
Evan Peng
Landmark Property Group Realty, LLC
(877) 589-9448
157 Total Sales
1 in Back of the Yards
$155,000 Price
-
Victoria Waliczek
Victoria Waliczek
Coldwell Banker Realty
(312) 386-5117
124 Total Sales
1 in Back of the Yards
$97,000 Price
-
Victor Senteno
Victor Senteno
Senteno Real Estate LLC
(773) 902-0547
104 Total Sales
1 in Back of the Yards
$170,000 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $630,000 | Stewart Title | ||
| $69,500 | Heritage Title Company | ||
| $100,000 | Chicago Title Land Trust Co | ||
| -- | -- | ||
| -- | Advantage Title Company | ||
| -- | -- |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $42,600 |
Source: Public Records
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 |
|---|---|---|---|---|
| 12/17/2025 12/17/25 | Sold | $630,000 | -5.3% | $85 / Sq Ft |
| 09/23/2025 09/23/25 | Pending | -- | -- | -- |
| 09/16/2025 09/16/25 | For Sale | $665,000 | -- | $90 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $3,254 | $37,000 | $1,800 | $35,200 |
| 2024 | $3,254 | $37,000 | $1,800 | $35,200 |
| 2023 | $3,173 | $15,342 | $2,850 | $12,492 |
| 2022 | $3,173 | $15,342 | $2,850 | $12,492 |
| 2021 | $3,217 | $16,000 | $2,850 | $13,150 |
| 2020 | $2,510 | $11,194 | $2,850 | $8,344 |
| 2019 | $2,632 | $13,017 | $2,850 | $10,167 |
| 2018 | $2,588 | $13,017 | $2,850 | $10,167 |
| 2017 | $5,897 | $27,215 | $2,550 | $24,665 |
| 2016 | $5,487 | $27,215 | $2,550 | $24,665 |
| 2015 | $5,023 | $27,215 | $2,550 | $24,665 |
| 2014 | $3,159 | $16,897 | $2,400 | $14,497 |
| 2013 | $4,407 | $24,038 | $2,400 | $21,638 |
Source: Public Records
Agents Affiliated with this Home
-
Erica Esquivel
Seller's Agent in 2025
Erica Esquivel
TRP Realty LLC
(224) 578-1917
22 in this area
104 Total Sales
-
Heidi Eng
Buyer's Agent in 2025
Heidi Eng
HEIDI H CHOW ENG
(312) 804-2888
2 in this area
55 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12473376
APN: 20072280040000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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