Hermosa Homes under $500,000

Welcome to Hermosa, a vibrant neighborhood nestled in the heart of Chicago, Illinois. Known for its rich cultural heritage and warm community spirit, Hermosa offers a unique blend of urban convenience and suburban charm. This diverse neighborhood is characterized by tree-lined streets, beautifully maintained parks, and a strong sense of community, making it an ideal place for families, young professionals, and anyone looking to enjoy the best of city living.

One of the most appealing aspects of Hermosa is its affordability. With a variety of homes available for under $500,000, this neighborhood presents an excellent opportunity for first-time homebuyers and investors alike. From cozy bungalows to spacious two-flats, the real estate options here cater to a wide range of tastes and budgets. Many homes feature classic Chicago architecture, complete with inviting front porches and well-kept yards, perfect for outdoor gatherings and relaxation.

Hermosa is not just about homes; it’s also about lifestyle. Residents enjoy easy access to public transportation, making commutes to downtown Chicago a breeze. The neighborhood is dotted with local shops, restaurants, and cafes, offering a taste of the vibrant culture that defines the area. Additionally, the nearby parks provide ample green space for outdoor activities, from leisurely strolls to weekend picnics.

If you’re seeking a community that balances affordability with a lively atmosphere, Hermosa is the perfect place to call home. Explore the possibilities today and discover why so many are drawn to this charming neighborhood in Chicago!

Newest Hermosa Homes under $500,000

$465,000

3 Beds ⋅ 2 Baths ⋅ 12745085 MLS ⋅ NEW Status

*WELCOME HOME!*BEAUTIFUL, SUPER CLEAN, FRESHLY PAINTED AND MOVE-IN CONDITION SOLID BRICK BUNGALOW RESIDENCE ON A PICTURESQUE TREE LINED STREET IN AWESOME NEIGHBORHOOD!*GREAT LOCATION IN A PEACEFUL, DESIRABLE AND FRIENDLY COMMUNITY*YOU WILL APPRECIATE YOUR FIRST IMPRESSION OF A TRULY GREAT SPACE ALONG WITH THE LARGE WINDOWS THAT ALLOW WARM, NATURAL SUNLIGHT TO SHOWCASE THE GLEAMING SOLID OAK HARDWOOD FLOORS*WELCOMING, LIGHT AND BRIGHT OPEN LAYOUT WITH 9 FOOT FIRST FLOOR CEILINGS BEGINS WITH YOUR WONDERFUL & SPACIOUS LIVING ROOM - PERFECT FOR ENTERTAINING AND INCLUDES CROWN MOULDING, CEILING FAN AND SOLID OAK HARDWOOD FLOORS AND SEAMLESSLY CONNECTS TO YOUR ELEGANT DINING ROOM WHICH HIGHLIGHTS A SATIN NICKEL LIGHT FIXTURE CENTERED ON A DECORATIVE CEILING MEDALLION, CROWN MOULDING AND SOLID OAK HARDWOOD FLOORS*GORGEOUS GOURMET CHEF'S KITCHEN WITH TALL VARIED-HEIGHT MAPLE CABINETS, GRANITE COUNTERTOPS, UNDERMOUNT STAINLESS STEEL SINK, CHROME FAUCET, UNDER CABINET LIGHTING, NEWER STAINLESS STEEL APPLIANCES, BRAND NEW MICROWAVE, ISLAND WITH BREAKFAST BAR OVERHANG AND PENDANT LIGHTING*FIRST FLOOR BEDROOM WITH LARGE WINDOWS AND CONVENIENTLY ATTACHED PRIVATE STUDY / OFFICE / BONUS ROOM *FULL BATHROOM FEATURES BEAUTIFUL PORCELAIN TILE FLOORS AND SOAKER TUB WALL SURROUND WITH GLASS TILE DETAIL INLAY*LARGE VANITY WITH GRANITE COUNTERTOPS, HOLLYWOOD LIGHTING, CHROME FAUCET AND BUILT-IN ATTACHED VANITY LINEN CABINET*TAKE THE BEAUTIFUL SOLID OAK STAIRCASE UP TO YOUR SPACIOUS MASTER BEDROOM WITH VAULTED CEILING, TRACK LIGHTING AND ADDITIONAL UNFINISHED SPACE THAT CAN EASILY BE MADE INTO AN ENORMOUS WALK-IN CLOSET / SITTING ROOM*GET READY TO HAVE TONS OF FUN IN YOUR AWESOME FULL FINISHED BASEMENT WITH RECESSED CAN LIGHTING AND COMMERCIAL GRADE CARPETING AND BOASTS A FABULOUS FAMILY ROOM, FOURTH BEDROOM, OFFICE, UTILITY ROOM WITH NEWER HIGH EFFICIENCY FURNACE AND BRAND NEW HOT WATER HEATER, LAUNDRY ROOM WITH CABINETS, GRANITE COUNTERTOPS, WASH TUB SINK, SECOND REFRIGERATOR AND SEPARATE DOORWAY TO OUTSIDE, FULL FINISHED BATHROOM COMPLETE WITH PORCELAIN TILE FLOORS AND STAND UP SHOWER WALL SURROUND WITH DETAILED GLASS TILE INLAY AND VANITY WITH SATIN NICKEL LIGHT FIXTURE*ENJOY THE CHARMING ENCLOSED REAR PORCH WITH EXTERIOR ACCESS DOOR AND WALK OUT TO YOUR BEAUTIFUL FULLY FENCED IN BACKYARD COMPLETE WITH CONCRETE PATIO, WHITE DECORATIVE ROCK LANDSCAPE BORDERS, FRESHLY STAINED WOOD PRIVACY FENCE AND LARGE 2 CAR GARAGE*ALL BRICK EXTERIOR HAS BEEN RECENTLY TUCKPOINTED AND FRONT HAS BEEN FRESHLY PAINTED WITH WELCOMING ENTRY AND REFINISHED STAIRCASE SURROUNDED BY AN ABSOLUTELY BEAUTIFUL ORNAMENTAL WROUGHT IRON 6 FOOT FENCE WITH TRIDENT DESIGN SPEARHEAD FINIALS!*ONE YEAR HOME WARRANTY INCLUDED*CUSTOM BLINDS*EXTRA TALL WHITE BASEBOARD, WIDE CASING AND TRIMWORK*AMPLE STORAGE SPACE THROUGHOUT*THIS HOME HAS BEEN RECENTLY REHABBED, READY FOR OCCUPANCY AND MEETS ALL CURRENT CITY OF CHICAGO CODE REQUIREMENTS*CLOSE TO METRA TRAIN STATION, BLUE LINE AND GREEN LINE, SCHOOLS, PARKS, DINING, SHOPPING AND DOWNTOWN!*MINUTES TO X-WAYS*TOO MUCH TO LIST!*QUICK CLOSING AND POSSESSION*HURRY BEFORE THIS ONE IS GONE!

2135 N Kilbourn Avenue, Chicago

$427,000

3 Beds ⋅ 3 Baths ⋅ 12774852 MLS ⋅ NEW Status

WOW! Beautiful, spacious, and updated home in Belmont Cragin! This large 4-bedroom, 3 full bath residence offers a spacious floor plan that is duplexed up with hardwood floors & luxury vinyl planks throughout and quality craftsmanship at every turn. The main level features a bright living room with huge windows, full separate dining room and an updated, eat-in kitchen. The elegant kitchen is designed for both everyday living and entertaining, showcasing modern, tasteful finishes, walk-in pantry & stainless steel appliances. The first floor also features 2 bedrooms and a full bath. Second Floor features a 3rd bedroom, 2nd full bath, and 2nd kitchen. The full, partial finished basement provides tons of additional living space and ample storage space. Basement is also complete with a potential 4th bedroom and 3rd full bath. 2 car detached garage with party door. Excellent Belmont Cragin location on a near dead-end street, just minutes from bus, schools and an array of shops, dining, and entertainment. This move-in-ready home combines modern updates, space, and an unbeatable location - a must-see! Click 3D Tour and enjoy!

4637 W Mclean Avenue, Chicago

$249,900

3 Beds ⋅ 2 Baths ⋅ 12770254 MLS ⋅ ACTIVE Status

LOOKING FOR YOUR NEXT RENOVATION PROJECT? Bring your vision to this character-filled vintage home in Hermosa! Loaded with original charm and flexible space, this 3 bedroom, 1.5 bath home features hardwood floors, vintage woodwork, a double parlor, separate dining room and a first floor office/flex room with potential for a future 4th bedroom as part of a renovation. The generous main-floor layout offers plenty of opportunity to reimagine the space, while upstairs are three bedrooms, a full bath and additional unfinished attic/storage areas. Full unfinished basement with laundry, utility sink, mechanicals and workshop/storage space. Outside you'll find a sizeable backyard and parking pad. Substantial renovation is needed, including roof and water-intrusion issues with interior water damage requiring repair. Sold strictly AS-IS. Cash or renovation financing only. Restore the vintage home that's here or explore the property's redevelopment potential. All of this in Hermosa, a neighborhood with its own local coffee, dining and vintage spots, close to Logan Square, Humboldt Park and the western end of The 606.

1834 N Tripp Avenue, Chicago

$489,000

4 Beds ⋅ 3 Baths ⋅ 12769752 MLS ⋅ ACTIVE Status

PRIME OPPORTUNITY IN HERMOSA! Legal 2-unit building with a finished basement, 2-car garage, and spacious fenced backyard. Both units are in good condition and occupied by long-term tenants, providing a great opportunity for an investor seeking rental income and long-term upside. Owner-occupants can live in one unit while generating rental income from the other. The finished basement offers valuable additional space with endless possibilities for storage, recreation, a home office, or other uses. Conveniently located near the businesses, restaurants, and services along Armitage and Pulaski, with new construction and continued investment throughout the neighborhood. A versatile property offering income, space, parking, and potential in a desirable Northwest Side location!

1907 N Keystone Avenue, Chicago

$499,999

6 Beds ⋅ 3 Baths ⋅ 12768538 MLS ⋅ ACTIVE Status

Logan Square/Hermosa Good looking Brick (3) Unit Building generating $5,275 per month / $63,300 per year in income. THIS IS A LEGAL (2) UNIT zoned (RS-3) and gets really great income from the tenants plus the property receives extra income for parking, (see brokers private remarks). Top floor tenant is on a lease and the other 2 units are month to month. The basement unit is the non-conforming unit and has proper Ingress and egress. Both first and second floors have great looking hardwood floors, good looking windows, granite countertops. The garden unit has attractive tiles throughout the unit for their floors. All 3 units were updated about 5 years ago. All 3 units have super cute bathrooms. The building was last tuck pointed 2 years ago. The roof is 6 years new. The 2 furnaces and 2 AC units are 6 years new. This Multi-Unit property will not last long in this Market. Come check it out asap! When the building is fully rented the cap rate is over 9 p e r c e n t.

1925 N Keystone Avenue, Chicago

$430,000

3 Beds ⋅ 3 Baths ⋅ 12767041 MLS ⋅ ACTIVE Status

Welcome to this beautiful single family in The Hermosa Neighborhood of Chicago. With 3 level of living space. Perfect investment opportunity. First floor has one bedroom with full bathroom and big dining room and duplex finished attic with 2 bedroom, full bathroom and family space so you can relax. Also, full finish basement with 2 bedroom and full bathroom. Perfect for In-Laws. Roof is only 4 years old water tank 2 month old, 1 car garage with on parking on the side of the garage. Don't miss this opportunity. Everything is close by near the CTA bus, Blue Line, Schools, Shops, Restaurants and Parks. Fullerton, and Pulaski, Hermosa is one of the Chicago Historic Neighborhood. Property is being sold as is.

2243 N Kedvale Avenue, Chicago

$419,999

3 Beds ⋅ 2 Baths ⋅ 12751588 MLS ⋅ ACTIVE Status

Excellent Brick bungalow w/finished attic & basement. Plenty of room for the family. Kitchen & Bathrooms were updated less than a year ago. Newer Garage (approx. 7 yrs old), concrete floor in back yard (approx. 2 yrs old) and deck (which was recently refinished.) Also, this home was rehabbed in 2013 with new plumbing including new water lines for kitchen and bathroom, electrical with new service, light fixtures & Circuit braker box, furnace, ductwork to service the attic room, 50-gallon water heater, Architectural roof, exit chimney. It has separate dining room & Living room. finished basement has an additional Bedroom, workout room, family room & laundry room. Attic has an open area and an additional bedroom. Main floor had 2 more bedrooms. AC needs repair.

2333 N Keating Avenue, Chicago

$450,000

5 Beds ⋅ 3 Baths ⋅ 12743984 MLS ⋅ ACTIVE Status

Classic Chicago cottage-style frame home for sale in the fast-growing Hermosa neighborhood. This unique property is zoned as a single-family home but is currently set up and functioning as a multi-unit building with three occupied living spaces, making it a great opportunity for investors or owner-occupants looking for additional rental income. The first floor features a spacious 2-bedroom, 1-bath layout with a formal living room, dining room, eat-in kitchen, pantry, and enclosed porch space. The attic unit offers 3 bedrooms, 1 bath, and a comfortable eating area. The basement unit includes 1 bedroom, 1 bath, an open living and dining area, and a generously sized kitchen. Major improvements include a recently rebuilt back porch and a brand-new garage completed in 2024, New furnace 2026. The roof and siding are both in solid condition, adding peace of mind for the next owner. Hermosa is one of Chicago's historic bungalow and cottage neighborhoods, known for its classic homes and strong community feel. Many of the area's cottage-style homes were originally built in the late 1800s and early 1900s for factory and railroad workers, giving the neighborhood its rich Chicago character that still stands today. Conveniently located near CTA bus lines, the Metra Milwaukee District North Line Healy Station at Fullerton and Pulaski, local shops, popular restaurants, parks, and more. This is a great chance to own a piece of Chicago history in a neighborhood full of growth and opportunity.

2213 N Kildare Avenue, Chicago

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