7601 S Hermitage Ave Chicago, IL 60620
Auburn Gresham NeighborhoodEstimated payment $5,794/month
About This Home
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.
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
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 | $12,858 | $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 |
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 | -- | -- |
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 |
|---|---|---|---|
| Deed | -- | Old Republic Title |
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 | $364,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12680420
APN: 20304170010000
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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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