11366 S HERMOSA Avenue | MLS #12629484

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Listing provided courtesy of CompassMREDMLS# 12629484

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.

Source: MRED, MLS#: 12629484

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Property Type

Residential

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Tim Mason Team
Broker/Owner
RE/MAX Revolution
Cell 812-664-0845

Owning this Home

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Loan Length (years)

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 11366 S HERMOSA Avenue

Schools

School data unavailable,
School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
6/24/2026Source: MRED	Added to Database	June 24, 2026
6/20/2022Source: MRED	Added to Database	January 27, 2022