$370,000
SOLD JUL 16, 2025
4 Beds
3 Baths
-- Sq Ft
1900 Built

Recently Sold

12% Above List Price

4 Days on Market

About This Home

As of July 2025

Don't Miss This Exceptional Investment Opportunity in Hermosa! This charming multi-unit building is a true gem, offering both immediate rental income and long-term potential! Featuring two spacious 2-bedroom, 1-bathroom apartments, this property is ideal for investors or owner-occupants looking to live in one unit while renting out the other. First Floor Unit: Currently rented month-to-month, offering consistent income. Generously sized with a large living room and formal dining room - perfect for entertaining or comfortable living. Second Floor Unit: Vacant and move-in ready! Highlights include central AC and a brand-new furnace (2025), adding comfort and efficiency. Additional features include: Hardwood floors, Updated windows, siding, and roof (2015), New furnace on both floors, Spacious basement with shared laundry and ample storage, Separate electric panels for each unit. Sidewalk and sewer line was done on July 2024. This property presents an incredible opportunity to build equity with some cosmetic updates. Whether you're a seasoned investor or a savvy buyer ready to live and earn, this is a must-see property in a growing neighborhood! Schedule your showing today - opportunities like this don't last long! This property is being sold AS-IS.

Last Agent to Sell the Property

Magaly Lopez

Realty of America, LLC License #475185298 Listed on: 06/05/2025

Realty of America, LLC

Co-Listed By

Omar Lopez

Realty of America, LLC License #475196482

Last Buyer's Agent

Clarissa Vega

Avenue Properties Chicago License #475190442

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1900

Parking

  • 2 Car Garage
  • Parking Included in Price

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 25 x 125

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,832

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Frame
  • List Price: 329900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: No Garage, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2831.52
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $370,000 +12.2% --
06/09/2025 06/09/25 Pending -- -- --
06/05/2025 06/05/25 For Sale $329,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12378620

Midwest Real Estate Data (MRED)