1356 Tripp Avenue, North Lawndale, Chicago, Illinois 60623


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$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
Map
Street View

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
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Room Specifics

All Bedroom Info:
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 6
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Unfinished

Other Specifics

30X125
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