A seven-unit multifamily building in rapidly appreciating East Hermosa. The building offers strong in-place income and potential for lease-up and rent growth. The property benefits from a diversified unit mix, functional layouts, and several units have in-unit laundry along with Wi-Fi-enabled laundry in the basement, supporting long-term tenant retention and operational efficiency. The building is professionally managed. Properties in Hermosa continue to trade at pricing levels below neighboring submarkets while exhibiting comparable demand drivers, allowing investors to capture yield today with the potential for appreciation over time.
Property Features
Basement
Unfinished
Listing Courtesy: Essex 312, LLC - 773-305-4858
Based on information submitted to the MLS GRID as of 2026-04-11 03:13:56. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-11 03:13:56
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Market statistics compiled from data from Midwest Real Estate Data.