Courtesy of RE/MAX Mi Casa, Munoz Alejandra , closedbyale@gmail.com

6245 S Hermitage, Chicago, Illinois, 60636

INCREDIBLE INVESTMENT OPPORTUNITY - SPACIOUS 4-UNIT BUILDING WITH MAJOR RECENT UPGRADES! Attention investors and owner-occupants! Don't miss this incredible opportunity to own a well-maintained 4-unit building offering excellent rental income potential, spacious layouts, and approximately $75,000 in recently completed exterior improvements! This property features two spacious 2-bedroom, 1-bath apartments showcasing beautiful hardwood floors, abundant natural light, and comfortable living spaces. These units offer estimated rental potential of approximately $1,600 per month each. The remaining two 1-bedroom apartments feature inviting, open layouts with generous living room, dining, and kitchen areas filled with natural sunlight. Each 1-bedroom unit also enjoys access to its own outdoor deck space, perfect for patio furniture and relaxing outdoors. These units offer estimated rental potential of approximately $1,200 per month each. MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED! Approximately $75,000 has recently been invested in the property's exterior, including: Brand-new rear porch constructed with architectural drawings and permits. Replacement of the front balcony's structural beam, also completed with architectural drawings and permits. Brand-new backyard privacy fence. New backyard concrete. Newly constructed concrete stairs leading to the basement. EXPANSIVE BASEMENT SPACE WITH TREMENDOUS POTENTIAL! In addition to the four existing apartments, this property offers a large, partially finished basement with generous ceiling height and separate entrance and exit access. The expansive layout presents an exciting opportunity to explore the possibility of creating an additional spacious living unit. EXCELLENT LOCATION AND TRANSPORTATION ACCESS! Conveniently located near the 63rd Street bus route and the CTA Green Line station at 63rd and Ashland, offering easy access to public transportation. A daycare facility approximately one block away adds another convenient neighborhood amenity for prospective tenants. With estimated rental potential of approximately $5,600 per month from the four existing units, this property presents an attractive opportunity for investors looking to grow their portfolios and benefit from substantial improvements already completed.

Active

$549,000

Multi-family

6 bds

4 ba

MLS

12800144

Built in 1913

2930 (2025)

Disclaimer: The information contained in this listing has not been verified by RE/MAX Mi Casa and should be verified by the buyer.

Information provided by MRED

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ADDRESS & DIRECTIONS

  • Street Address: 6245 S Hermitage
  • City: Chicago
  • State: Illinois
  • County: Cook
  • Directions:
    63rd ST west of Ashland to Hermitage, North to Property.

PROPERTY FEATURES

General Information

  • General Information : None

Heating /Cooling Features

  • Heating : Gas

Rooms Information

  • Bedrooms (Below Grade) : 0

Construction Features

  • Construction Materials: Brick

Utility Information

  • Water Source : Public
  • Sewer Source : Public Sewer

SCHOOLS NEAR 6245 S Hermitage

  • Listings courtesy of Midwest Real Estate Data (MRED) | Chicago Association of REALTORS® as distributed by MLS GRID. The information being provided by Greater Northwest Indiana Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information related to real estate for sale referenced on the web site comes from Internet data exchange (IDX) program of the Greater Northwest Indiana Association of REALTORS. 618-Coldwell Banker Realty - Chicago is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of 618 Coldwell Banker Realty – Chicago, a broker participant of Greater Northwest Indiana Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes is, deemed reliable but not guaranteed and should not be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Greater Northwest Indiana Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited
  • Courtesy of RE/MAX Mi Casa, Munoz Alejandra
  • Property last updated on MRED : 11/4/2026 6:25:14 AM