4848 Tripp Avenue, Albany Park, Chicago, Illinois 60630


$575,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 0
Year Built:
Property Taxes: $8,883
Days On Market: 1241
Lot Size: 0,08
Map
Street View

Description

Fantastic opportunity for investment in Mayfair neighborhood of Chicago. Legal Two Flat Brick Building. In law arrangement in basement. Neither seller nor agent represents legality of garden unit. Each unit has separate: furnace, central air conditioning, hot water tank, gas and electric. ALL UNITS ARE RENTED. Two units (garden and 2nd floor) are updated and one unit (1st floor apartment)has not been updated. GARDEN UNIT is an updated four room apartment with 2 bedrooms and 1 bathroom. Kitchen with granite countertops and stainless steel appliances. Nice full bath with soaking tub. Can lights and vinyl floors. Rented with 1 year lease starting October 1st 2022, for $1,300/month. All utilities are paid by the owner. UNIT #2 NOT UPDATED first floor level. Large 6 room apartment with living room, formal dining room, large kitchen, 2 bedrooms and bonus room which can be used as 3rd bedroom or office. This unit is not updated. Rented for $1,275/mo with lease expiring at the end of February 2023, plus $100/month for the 2 car garage. All utilities are paid by the tenant. UNIT #3 UPDATED second floor level. Outstanding 6 room apartment, featuring living room, separate dining room, 2 bedrooms, 1 bath and bonus room which can be used as 3rd bedroom or office. Rented with one year lease starting October 1st 2022 for $1,550/mo. All utilities are paid by the tenant. Laundry room in the basement with coin operated washer and dryer. Detached 2 car garage and easy street parking. Upgrades: *2020 New Rubber Roof, New 40 gallon hot water tank for garden unit/common area and 2nd floor unit. *2019 updated garden unit and 2nd floor unit, new dishwasher 2nd floor unit, new appliances (fridge, stove, microwave) for garden and 2nd floor unit. *2018 new windows, new concrete patio, new commercial coin based washer & dryer, new furnace garden unit, new central air conditioning all 3 units. Extra income $250 per month from the garage and coin laundry. Close to shopping and public transportation. Easy access to downtown Chicago and suburban areas. Don't miss this great opportunity.

Property Specifics

Multi-unit
1-3 SORIES
No
0.08
Cook
— / —
11468430
13104230190000

Property History

DATE: EVENT: PRICE: SOURCE:
22 Sep, 2008 Sold $243,000 MRED MLS
19 Aug, 2008 Under contract $257,500 MRED MLS
21 Jun, 2008 Listed for sale $257,500 MRED MLS
5 Mar, 2018 Sold $382,000 MRED MLS
28 Jan, 2018 Under contract $399,000 MRED MLS
20 Nov, 2017 Listed for sale $399,000 MRED MLS
9 Dec, 2022 Sold $575,000 MRED MLS
1 Nov, 2022 Under contract $599,000 MRED MLS
Last price change $619,000 MRED MLS
19 Jul, 2022 Listed for sale $619,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
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: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: Soaking Tub
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Finished

Other Specifics

2
30X127
Not in DB

Tax History

Year Property Taxes
2008 $8,787
2018 $6,778
2022 $8,883

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Listing Provided By

Hometown Real Estate Group LLC