Cook, US
Solid 4-unit multifamily with 2 IN-LAW BASEMENTS opportunity located in the New City/Back of the yards neighborhood, offering strong upside and cash-flow potential after cosmetic improvements. Major updates already completed include a brand-new roof (2-3 years) and new 5/8" drywall throughout the property, providing a strong foundation for a value-add strategy. The heating system is fully functional, allowing investors to focus on increasing rents rather than major repairs. Conveniently located just one block from a park and 2 blocks away from a public school, supporting consistent rental demand. Ideal for investors looking to force appreciation, increase NOI, and maximize long-term returns. Property sold AS-IS. Buyer responsible for all due diligence. Fully occupied currently renting under market value. Increase rents for a higher cash-flow. Perfect investment for buy and hold investors or family looking to live and rent out the other units to get your mortgage paid. Dont miss out on this opportunity . Schedule your showing and start building your rental portfolio with this property.
Courtesy Of: Realty of America, LLC
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 01/06/2026
Interior Features
- Bedrooms Possible:
- 2
- Rooms Total:
- 4
Exterior Features and Amenities
- Lot Size Dimensions:
- 3100
- Parking Total:
- 2
Financial
- Days On Market:
- 9
- Tax Annual Amount:
- $3,573.12
- Tax Year:
- 2024
Other Features
- Elementary School District:
- 299
- High School District:
- 299
- Middle Or Junior School District:
- 299
- Age:
- 100+ Years
Directions
Exit I-55 at Ashland Ave. Go South on Ashland Ave. Turn right (east) onto W 43rd St. Turn left (south) onto S Hermitage Ave. 4314 S Hermitage Ave will be on your right.
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Data last updated: 2026-01-22.
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