Hermosa Multifamily Homes & Duplexes for Sale
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$750,000
- 4 Beds
- 4 Baths
4200 W Armitage Ave, Chicago, IL 60639
4200 W Armitage Ave, Chicago, IL 60639 -
$620,000
- 6 Beds
- 3 Baths
1926 N Keystone Ave, Chicago, IL 60639
1926 N Keystone Ave, Chicago, IL 60639 -
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$555,990
- 8 Beds
- 3 Baths
2030 N Keystone Ave, Chicago, IL 60639
2030 N Keystone Ave, Chicago, IL 60639
About Hermosa
Hermosa, a neighborhood in Chicago, is known for its rich Latin culture and historical significance, including Walt Disney's childhood home. The area features pre-1940s architecture, with workers' cottages, bungalows, and brick two-flats lining the streets. Many homes are being renovated, making it attractive for investors. Hermosa is walkable and bike-friendly, with Divvy bike rentals available. The neighborhood is well-connected to downtown Chicago, less than 9 miles away, via Chicago Transit Authority buses and the Metra commuter rail. Chicago O’Hare International Airport is about 12 miles west. West Fullerton and West Armitage avenues are hubs for retail and dining, offering Latin cuisine and specialty eateries like Rica Arepa and Guadalajara Bakery. Right Bee Cider provides a local tasting room experience. Parks such as Kelvyn Park and Hermosa Park offer playgrounds, sports courts, and walking paths. The 606 elevated trail, just outside the neighborhood, is a popular spot for walking and running. The Hermosa Neighborhood Association organizes community cleanups and social events. While local schools have average ratings, the neighborhood's proximity to major Chicago attractions and its vibrant community life make it a notable area.
Home Trends in Hermosa, IL
On average, homes in Hermosa, Chicago sell after 17 days on the market compared to the national average of 47 days. The average sale price for homes in Hermosa, Chicago over the last 12 months is $410,566, up 22% from the average home sale price over the previous 12 months.
Home Trends
In Hermosa, there are currently 8 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $412,900 to $899,999, there's something for every budget. As of April, 2025 the median home price in Hermosa, Chicago is $391,950, while the average sale price is $410,566, providing insight into local market trends. On average, multi-family homes spend 17 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Hermosa, Chicago.
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