Renovated 13-Unit
For Sale
Contact for pricing
7601 S Hermitage Avenue, Chicago, IL 60620
Thirteen-unit walkup with renovated studio, one-bedroom, and two-bedroom apartments.
Property SizeContact for details
Days on Market68
Property Features for 7601 S Hermitage Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Net Operating Income
$57,825
Additional Details
Multifamily Units
13
Building Details
Year Built
1930
Stories
3
Units
13
Listing Agency:
Flats, LLC
(847) 456-1206
Listed By:
Melissa Morgan · License #475165598
Source:
Crexi
Added: Jun 17
Changed: Aug 19
Last Checked: Aug 22 at 3:37PM
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 Flats, LLC
Investment Insights
Based on property information with market context.
This is a 13-unit walkup apartment building featuring (3) studio units, (7) one-bedroom units, and (3) two-bedroom units. The current ownership has renovated units with updated kitchens and baths, and cap-ex improvements include newer porches.
The property is located at 7601 S. Hermitage Avenue in Chicago’s Auburn Gresham neighborhood.
The building is presented as a well-maintained, well-managed income property, with unit and exterior updates aimed at supporting ongoing leasing and management.
The property is located at 7601 S. Hermitage Avenue in Chicago’s Auburn Gresham neighborhood.
The building is presented as a well-maintained, well-managed income property, with unit and exterior updates aimed at supporting ongoing leasing and management.
Key Highlights
- 13‑unit walkup in Chicago’s Auburn Gresham neighborhood
- Unit mix includes 3 studios, 7 one‑bedroom/1‑bath, and 3 two‑bedroom/1‑bath apartments
- Ownership has renovated units with updated kitchens and baths
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Explore this area
Business Placement
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Thirteen-unit walkup with renovated studio, one-bedroom, and two-bedroom apartments.
Where is this apartment building located?
The property is located at 7601 S Hermitage Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: 13‑unit walkup in Chicago’s Auburn Gresham neighborhood; Unit mix includes 3 studios, 7 one‑bedroom/1‑bath, and 3 two‑bedroom/1‑bath apartments; Ownership has renovated units with updated kitchens and baths
