For Sale

Listed by Michael Zapart from Compass

Source: Midwest Real Estate Data, LLC #12629484

11366 South Hermosa Avenue, Chicago, IL, 60643

$150,000

2
1
790 sq. ft.

SingleFam

3 days on the market

What's around 11366 South Hermosa Avenue

About this property

Great investment opportunity in the desirable Morgan Park neighborhood! This frame raised ranch offers a solid, income-producing asset with immediate cash flow. The home features 2 bedrooms and 1 full bath and is currently leased to a long-term tenant, generating $1,400 per month in rental income. The property will be offered through an upcoming auction on Xome, making it an excellent opportunity for investors looking to acquire a performing asset. Buy it now price of $99,000. The current lease will be assigned to the new owner, ensuring a seamless transition and continued income from day one. Drive-by only-no interior showings permitted. Property is being sold occupied. Whether you're expanding your portfolio or entering the investment market, this is a great chance to secure a rental property in a well-established Chicago neighborhood.

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