Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Flats, LLCMREDas Distributed by MLSGrid- MLS# 12680420MLS Provider

7601 S Hermitage AvenueChicago, IL 60620

Commercial · 3 Beds
$830,000 Active

7601 S Hermitage Avenue Overview

Time on Site:
13 days
Visits:
2

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

7601 S Hermitage Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 3900
  • Electric Expense: 500
  • Fuel Expense: 15600
  • Gross Income: 132360
  • Insurance Expense: 7900
  • Maintenance Expense: 3900
  • Net Operating Income: 57825
  • Operating Expense: 51088
  • Trash Expense: 3600
  • Water Sewer Expense: 5700

Building Information

  • Year Built: 1930

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Auburn Gresham

Tax Information

  • Tax Annual Amount: $12,858.00
  • Tax Year: 2024

General Information

  • Parcel Number: 20304170010000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 3

Exterior

Lot Information

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

General Information

  • Number Of Units Total: 13

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 3

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 7

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 3

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

7601 S Hermitage Avenue Neighborhood

Community

60620 (Chicago) Demographics

39
Median Age
9,700
Population Density (per sq. mile)
28%
College Educated
$39,499
Estimated Median Income
12,104
Estimated Total Home Owners
13,350
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7601 S Hermitage Avenue Monthly Cost

$
$ %
%
$
$
Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7601 S Hermitage Avenue Market Data

Based on the last 30 days in this zip code

$247,297
Average List Price
$143
Average Price per Square Foot
31
Properties Sold
88
Average Days on Market
164
Properties for Sale
Calculations provided by Reliance Network

7601 S Hermitage Avenue History

Date Event Value Agent
6/23/2026Source: MRED Status Change
Active
6/17/2026Source: MRED Added to Database
June 17, 2026