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4-Unit Multifamily Building
For Sale
$395,000

4318 S Hermitage Avenue, Chicago, IL 60609

Four residential units are complemented by attic laundry, a two-car garage, and additional storage space.

Property SizeContact for details
Days on Market30

Property Features for 4318 S Hermitage Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Residential Income
Zoning MULTI

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Taxes and HOA fees

Annual Taxes $2,749

Amenities

laundry
storage

Building Details

Buildings 1
Listing Agency: ExaRealty LLC
Listed By: Eva Diaz · License #471021069
Source: Exit2newbeginningz
Added: Aug 3 Changed: Aug 31 Last Checked: Sep 1 at 7:32PM

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 ExaRealty LLC

Investment Insights

Based on property information with market context.

This MULTI-zoned quadplex contains four residential units, each arranged with two bedrooms, one full bathroom, and a living area. A walk-up attic provides washer and dryer access along with storage, while the property also includes a two-car garage.

The building is located at 4318 S. Hermitage Avenue in Chicago’s Back of the Yards neighborhood. Access to I-90/94, I-55, CTA bus routes, and the Orange Line connects the property with Downtown Chicago and surrounding areas. UIC, Pilsen, Chinatown, Guaranteed Rate Field, McKinley Park, schools, shopping, and restaurants are also identified nearby.

Key Highlights

  • Four units, each with 2 bedrooms and 1 full bathroom
  • MULTI zoning
  • Walk‑up attic with washer and dryer

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service (Bike/Boat/Book/etc) Store Acupuncture Skin Care Clinic

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
Highway access

Location Intelligence

Trade Area within ½ mile

965
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 residential units are complemented by attic laundry, a two-car garage, and additional storage space.
Where is this quadplex located?
The property is located at 4318 S Hermitage Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 full bathroom; MULTI zoning; Walk‑up attic with washer and dryer
More about this property
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