$830,000

Estimated payment $5,547/month

Total Views 46
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Interra Realty has been 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.

Listing Agent

Melissa Morgan

Flats, LLC License #475165598 Listed on: 06/17/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,858

Year Built

  • Built in 1930

Additional Features

  • 3-Story Property
  • Lot Dimensions are 25 x 100
  • Radiator

Community Details

Overview

  • 13 Units

Building Details

  • Electric Expense $500
  • Fuel Expense $15,600
  • Insurance Expense $7,900
  • Maintenance Expense $3,900
  • Other Expense $3,900
  • Trash Expense $3,600
  • Water Sewer Expense $5,700
  • Operating Expense $51,088
  • Gross Income $132,360
  • Net Operating Income $57,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,858

Year Built

Built in 1930

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1930
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Utilities

  • Heat/Ventilation: Radiators

Fee Information

  • Trash Expense: 3600
  • Water Sewer Expenses: 5700

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 100

Rental Info

  • Board Number: 2

Multi Family

  • Net Operating Income: 57825
  • Fuel Expense: 15600
  • Insurance Expense: 7900
  • ElectricExpense: 500
  • GrossIncome: 132360
  • Maintenance Expense: 3900
  • NumberOfUnitsTotal: 13
  • OperatingExpense: 51088
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 12858
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $11,463 $64,000 $3,750 $60,250
2024 $11,463 $64,000 $3,750 $60,250
2023 $11,175 $54,329 $3,375 $50,954
2022 $11,175 $54,329 $3,375 $50,954
2021 $10,925 $54,329 $3,375 $50,954
2020 $9,851 $44,223 $3,375 $40,848
2019 $8,885 $44,223 $3,375 $40,848
2018 $8,736 $44,223 $3,375 $40,848
2017 $9,506 $44,160 $3,093 $41,067
2016 $8,845 $44,160 $3,093 $41,067
2015 $8,092 $44,160 $3,093 $41,067
2014 $6,710 $36,166 $3,093 $33,073
2013 $6,578 $36,166 $3,093 $33,073
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
06/17/2026 06/17/26 For Sale $830,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12680420

Midwest Real Estate Data (MRED)

APN: 20304170010000

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