Chicago: Investing in Hermosa

[Iain McFarlin]

I'm looking at a few multi-family properties in the Hermosa neighborhood. Does anyone have experience dealing with properties, flipping, or renovating and renting in this neighborhood? With the way Logan Square is growing and growing I feel like the push west will move to Hermosa within a few years.

[Iain McFarlin]

Thanks @Tony Reyes for the information! So it is assumed that people are at least taking care of properties or rehabbing ones to hold or flip.

@Crystal Smith the properties I am looking at are just west into Hermosa from Logan Square. That ARV difference is insane. I am also looking for a buy and hold to be an owner occupant, then in a few years move on, rent out my unit, and continue the slide into real estate. Thank you for your insight!