1356 Tripp Avenue, North Lawndale, Chicago, Illinois 60623
$235,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | 1928 |
| Property Taxes: | $980 |
| Days On Market: | 2669 |
| Lot Size: | 0,25 |
Description
MULTIPLE OFFERS RECEIVED: HIGHEST AND BEST DUE BY 5:00 PM CENTAL ON 7/20/18. Excellent investment opportunity on this jumbo brick three flat located across the street from Benjamin Franklin Park! Currently two of the three units are rented for a combined rent of $2400 a month. The vacant unit is move-in ready and this great building is ready for the next owner occupant or investor. Each unit has an individual furnace and hot water heater. Estimated CAP rate including vacancy loss and property management is over 9% with an estimated cash on cash return of over 23.5%! Building is being sold in AS-IS condition.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1928 | |
| Full | |
| — | |
| No | |
| 0.25 |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| 10019684 | |
| 16222100410000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 4 Jan, 2011 | Sold | $25,900 | MRED MLS |
| 14 Dec, 2010 | Under contract | $24,650 | MRED MLS |
| — | Last price change | $29,650 | MRED MLS |
| 5 Oct, 2010 | Listed for sale | $34,650 | MRED MLS |
| 28 Nov, 2011 | Sold | $172,000 | MRED MLS |
| 12 Sep, 2011 | Under contract | $179,900 | MRED MLS |
| — | Last price change | $188,888 | MRED MLS |
| 9 Jun, 2011 | Listed for sale | $188,888 | MRED MLS |
| 4 Sep, 2018 | Sold | $235,000 | MRED MLS |
| 24 Jul, 2018 | Under contract | $209,900 | MRED MLS |
| 16 Jul, 2018 | Listed for sale | $209,900 | MRED MLS |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
| — | |
| — | |
| — | |
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| 30X125 | |
| — | |
| — | |
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| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2011 | $2,677 |
| 2011 | $4,848 |
| 2018 | $980 |
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Listing Provided By
Homeriver Illinois LLC


