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Hermosa

Hermosa is one of 77 designated Chicago community areas and is located on the northwest side of Chicago, Illinois. The Hermosa community area contains the Kelvyn Park and Hermosa neighborhoods. The area includes the birthplace of Walt Disney and is the former headquarters of the Schwinn Bicycle Company. While being one of the smaller community areas Hermosa is one of the city's most densely populated neighborhoods. Today, Hermosa is a predominantly Hispanic blue collar community, with a sizable manufacturing base. Many of the people who reside in Hermosa have done so because of its convenient location to work, its relative proximity to downtown, and because of its healthy public transportation options. The Consulate-General of Honduras in Chicago is located in Hermosa at 4439 West Fullerton Avenue. On December 31, 2018, the Hermosa Bungalow Historic District was added to the National Register of Historic Places. (Source: Wikipedia)

Housing stock map

See the share of the area's total housing units that are in single family homes, condominiums, two-to-four unit buildings, buildings with five to 49 units, and buildings with 50 units or more.


The Composition of Cook County’s Housing Market >

Housing market indicators

All of these property level data sets are connected to parcel-level data files from the county Assessors offices that include data on every parcel in the Chicago metropolitan area. All of these parcel-level data sets include historical data and are updated on a regular basis ranging from every week to every year depending on the data set.

Housing Stock Composition

The composition of a neighborhood’s housing stock determines the appropriate targeted strategies for stabilizing local housing markets. Learn more about this data set.

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Housing Units by Property Type


Property Type 2020
Single Family 27.3%
Condominium 2.0%
Building with 2-4 Units 49.3%
Building with 5+ Units 21.5%


Property Sales Activity

This indicator provides information on how active local residential property markets are, what types of properties are being purchased, who is buying them, and how much buyers are paying for properties.

Total Sales Activity

This is the total number of property sales in a given year. In Cook County, data are broken out separately for total sales activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 315 255 133 90 163 184 162 147 193 159 166 163 159 164 148 128
Single Family 151 117 47 42 84 88 80 67 90 78 83 86 88 88 79 74
Condominium 33 36 40 16 16 21 17 19 22 10 15 4 9 11 10 4
Building with 2-4 Units 124 100 43 29 62 71 63 54 73 62 59 68 56 56 57 44
Building with 5+ Units 7 2 3 3 1 4 2 7 8 9 9 5 6 9 2 6


Sales per 100 Residential Parcels

This indicator allows users to compare the level of property sales activity across geographies. This data point represents the total number of sales on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 8.3 6.8 3.5 2.4 4.3 4.9 4.3 3.9 5.1 4.2 4.4 4.4 4.3 4.4 4.0 3.5


Share of Sales, Business Buyers

This represents a range of investor types from small mom-and-pop investors to large Wall Street-traded equity funds. Heightened levels of single family homes purchased by business buyers is often indicative of a distressed and low priced inventory of homes, and low demand for owner-occupied housing in a neighborhood. In Cook County, this data point is available as the share of total sales activity where the buyer was a business entity by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 4.8% 4.3% 4.5% 5.6% 12.3% 22.8% 17.9% 20.4% 23.8% 22.6% 21.7% 22.1% 18.2% 17.1% 21.6% 17.2%
Single Family 4.6% 3.4% 2.1% 4.8% 9.5% 15.9% 18.8% 10.4% 22.2% 21.8% 13.3% 23.3% 12.5% 13.6% 17.7% 10.8%
Condominium -- 8.3% 7.5% -- 25.0% 42.9% 5.9% 26.3% 45.5% 30.0% 46.7% -- 33.3% 9.1% 10.0% --
Building with 2-4 Units 4.8% 4.0% -- 6.9% 11.3% 22.5% 17.5% 22.2% 15.1% 14.5% 18.6% 17.6% 17.9% 14.3% 26.3% 18.2%
Building with 5+ Units 28.6% -- 66.7% 33.3% 100.0% 75.0% 100.0% 85.7% 62.5% 77.8% 77.8% 80.0% 83.3% 77.8% 100.0% 100.0%


Share of Sales, Extremely Low Value

This represents the percent of sales that were purchased for less than $20,000 in a given year. In Cook County, this data point is available as the share of total sales activity that sold for less than $20,000 by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 1.0% -- -- 1.1% 0.6% 3.3% 3.7% 1.4% 1.6% 1.3% -- -- 0.6% -- 0.7% --
Single Family 1.3% -- -- -- 1.2% 1.1% 1.3% -- 1.1% 2.6% -- -- 1.1% -- 1.3% --
Condominium -- -- -- -- -- 19.0% 29.4% 10.5% 9.1% -- -- -- -- -- -- --
Building with 2-4 Units 0.8% -- -- 3.4% -- 1.4% -- -- -- -- -- -- -- -- -- --


Mortgage Activity

These data measure the flow of mortgage credit into an area and indicates the level of lender investment. The level of mortgage activity in a neighborhood relative to other areas can assess how access to credit has changed over time in a community and how the flow of credit differs across geographies and for different property types.

Total Mortgage Activity

This is the total number of mortgages in a given year. In Cook County, data are broken out separately for total mortgage activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 1,462 1,350 923 407 284 218 201 242 281 228 258 304 282 280 292 368
Single Family 762 736 506 220 168 127 116 150 153 131 132 169 155 153 164 231
Condominium 61 64 60 35 28 20 8 5 13 7 6 6 7 8 7 13
Building with 2-4 Units 610 530 341 138 87 67 74 81 105 68 105 117 104 100 114 112
Building with 5+ Units 29 20 16 14 1 4 3 6 10 22 15 12 16 19 7 12


Mortgages per 100 Residential Parcels

Mortgages  per 100 Residential Parcel


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 38.7 35.8 24.4 10.8 7.5 5.8 5.3 6.4 7.5 6.1 6.9 8.1 7.5 7.5 7.9 9.9


Foreclosure Filing Activity

This is an indicator of distress in a local housing market and viewing changing levels of activity allows for an understanding of the evolving nature of the foreclosure crisis in a neighborhood.

Total Foreclosure Filings Activity

This is the total number of new foreclosure filings in a given year. In Cook County, data are broken out separately for foreclosure filing activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 42 64 130 232 245 215 181 152 85 53 44 32 44 29 25 8
Single Family 23 32 72 103 110 98 90 73 43 29 26 19 29 14 14 4
Condominium -- 3 8 25 19 14 24 22 9 3 2 2 1 -- 1 --
Building with 2-4 Units 19 29 50 101 110 99 62 52 33 19 16 9 13 15 10 4
Building with 5+ Units -- -- -- 3 6 4 5 5 -- 2 -- 2 1 -- -- --


Foreclosure Filings per 100 Residential Parcels

This indicator allows users to compare the level of foreclosure filing activity across geographies. This data point represents the total number of foreclosure filings on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 1.1 1.7 3.4 6.1 6.5 5.7 4.8 4.0 2.3 1.4 1.2 0.9 1.2 0.8 0.7 0.2


Cumulative Foreclosure Filings Activity



Property Type 2020
All Residential Properties 34.0%


Foreclosure Auctions

These are properties that have completed the foreclosure process. Understanding foreclosure auction activity helps determine the flow of year-over-year of REO (real estate owned) properties into a market, how third-party demand at auctions differs based on property types, and the density of REO activity across geographies. The level of completed foreclosure auctions activity in a neighborhood indicates distress in a local housing market.

Total Auction Activity

This is the total number of completed foreclosure auctions in a given year. In Cook County, data are broken out separately for total auction activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 4 13 28 79 95 106 53 75 73 62 37 31 15 19 6 3
Single Family 1 6 10 45 33 39 17 39 33 27 21 20 8 9 4 2
Condominium -- 1 -- 6 15 13 11 8 15 10 -- -- 1 2 -- --
Building with 2-4 Units 3 6 18 28 45 52 24 25 23 22 16 11 6 8 2 1
Building with 5+ Units -- -- -- -- 2 2 1 3 2 3 -- -- -- -- -- --


Share of Auctions Resulting in REO

This is the percent of completed foreclosure auctions in a given geography where there were no bidders and the property became bank-owned REO (real estate owned).


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 50.0% 69.2% 100.0% 98.7% 96.8% 89.6% 94.3% 93.3% 80.8% 83.9% 86.5% 80.6% 66.7% 63.2% 83.3% 66.7%
Single Family 100.0% 50.0% 100.0% 97.8% 97.0% 92.3% 88.2% 94.9% 69.7% 81.5% 90.5% 75.0% 62.5% 66.7% 75.0% 50.0%
Condominium -- 100.0% -- 100.0% 100.0% 100.0% 100.0% 87.5% 100.0% 100.0% -- -- -- 50.0% -- --
Building with 2-4 Units 33.3% 83.3% 100.0% 100.0% 95.6% 84.6% 95.8% 92.0% 82.6% 77.3% 81.3% 90.9% 83.3% 62.5% 100.0% 100.0%
Building with 5+ Units -- -- -- -- 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% -- -- -- -- -- --


REO per 100 Residential Parcels


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
All Residential Properties 0.1 0.2 0.7 2.1 2.4 2.5 1.3 1.9 1.6 1.4 0.9 0.7 0.3 0.3 0.1 0.1


Population and Age

Population and Age


Indicator Value
Total Population 23,481
Share of Population Aged under 18 23.3%
Share of Population Aged 18 to 44 41.2%
Share of Population Aged 45 to 64 24.9%
Share of Population Aged over 65 10.6%


Race and Ethnicity

Race and Ethnicity


Indicator Value
Share of Population that is White 10.7%
Share of Population that is African American 3.9%
Share of Population that is Hispanic or Latino 82.5%
Share of Population that is Asian 2.2%
Share of Population that is Some Other Race 0.8%


Household Income

Household Income


Indicator Value
Total Households 7,112
Share of Households with Income Less than $25,000 22.4%
Share of Households with Income $25,000 to $50,000 30.7%
Share of Households with Income $50,000 to $100,000 27.7%
Share of Households with Income $100,000 or More 19.2%


Poverty Rate

Share of Population that is under the Poverty Level


Indicator Value
Share of Population that is under the Poverty Level 16.7%


Resident Tenure

Total Households


Indicator Value
Total Households 7,112


Share of Households that are Owner-Occupied


Indicator Value
Share of Households that are Owner-Occupied 47.0%


Share of Households that are Renter-Occupied


Indicator Value
Share of Households that are Renter-Occupied 53.0%


Cost Burdened Households

Share of Owner-Occupied Households that are Cost-Burdened


Indicator Value
Share of Owner-Occupied Households that are Cost-Burdened 41.5%


Share of Renter-Occupied Households that are Cost-Burdened


Indicator Value
Share of Renter-Occupied Households that are Cost-Burdened 53.5%


Share of All Households that are Cost-Burdened


Indicator Value
Share of All Households that are Cost-Burdened 47.8%