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Renovated 4-Unit Quadplex
For Sale
$595,000
Pending

4545 S Hermitage Avenue Chicago, Chicago, IL 60609

Four separately metered residences include updated interiors, a finished basement, and gated rear parking.

Property Size3,750 SF
Days on Market61

Property Features for 4545 S Hermitage Avenue Chicago

General Information

Standard status Pending
Size 3,750 SF
Total Parking Spaces 2
Property subtype Two to Four Units
Zoning MULTI

Units

Unit Mix 2 x 2BR/1BA, 2 x 3BR/2BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $955

Amenities

Partially Finished,Full
7
12
6
1
4
Corner Lot
Public
2
3049 SQ FT
No
Off Alley,Yes,Other
Concrete Perimeter

Building Details

Year Built 1928
Listing Agency:
Listed By: Debbie Hundal
Source: Remaxadream
Added: Jul 3 Changed: Aug 30 Last Checked: Aug 30 at 7:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Debbie Hundal

Investment Insights

Based on property information with market context.

This 3,750-square-foot quadplex contains four residential units across two floors. The first-floor residences offer two bedrooms and one bath each, while the second-floor units provide three bedrooms and two baths each. Each apartment has separate utilities, supporting distinct unit-level operations. Improvements include newer plumbing, heating, lighting, flooring, roofing, hot water tanks, and a furnace. The building also includes a full finished basement.

Located at 4545 S Hermitage Avenue in Chicago, the property occupies a corner lot and is zoned MULTI. Front and rear wrought-iron fencing, along with storm doors at every unit, adds controlled entry features. Rear parking accommodates two or more vehicles and is accessed off the alley. Built in 1928, the property offers a four-unit configuration suitable for owner occupancy or investment use.

Key Highlights

  • Four‑unit quadplex with 3,750 square feet
  • First‑floor units have 2 bedrooms and 1 bath; second‑floor units have 3 bedrooms and 2 baths
  • Separate utilities serve each unit

Property Analytics

Current Use

Riverside Co Advertising Agency

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Acupuncture Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,038
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered residences include updated interiors, a finished basement, and gated rear parking.
Where is this quadplex located?
The property is located at 4545 S Hermitage Avenue Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3,750 square feet; First‑floor units have 2 bedrooms and 1 bath; second‑floor units have 3 bedrooms and 2 baths; Separate utilities serve each unit
More about this property
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