5638 Tripp Avenue, West Elsdon, Chicago, Illinois 60629
$345,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1918 |
| Property Taxes: | $3,385 |
| Days On Market: | 1203 |
| Lot Size: | 0,00 |
Description
**Attention Investors** Here's the Value-Add Opportunity in the Midway Area you've been seeking! This Legal 2-FLAT offers a spacious Five Bedroom Duplex-up apartment on the 2nd floor and a Two-Bedroom plus Den simplex unit on the First Floor. Both units have separate dining rooms, eat-in-kitchens and walk-in pantry closets. HOUSE HACK IT: Just complete the renovations to the semi-finished basement and enjoy more equity. In the meantime, occupy one of the units and rent the other and have your tenant pay for your mortgage. Property is currently completely Owner Occupied, there are no Existing Leases in place. However, 3bed rentals in the area yield $1350/mo on the low end, the five bedroom could potentially yield $1500/mo, again, conservatively speaking. Basement is semi-finished but currently used for storage. Conveniently located near Midway Airport, the Pulaski Orange line station along with loads of mom & pop shops, restaurants, parks and playgrounds. Good public schools nearby including Louis Pasteur Elementary School and Curie Metropolitan High School. Great investment. FHA Welcomed!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1918 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11474021 | |
| 19152100640000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Pasteur Elementary School |
299 | — | |
|
Middle School
Pasteur Elementary School |
299 | Not in DB | |
|
High School
Hancock College Preparatory Seni |
299 | Not in DB | |
|
Alternate High School
Curie Metropolitan High School |
— | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 29 Apr, 2009 | Sold | $200,000 | MRED MLS |
| 31 Jan, 2009 | Under contract | $229,850 | MRED MLS |
| 7 Jan, 2009 | Listed for sale | $229,850 | MRED MLS |
| 28 Oct, 2022 | Sold | $345,000 | MRED MLS |
| 30 Sep, 2022 | Under contract | $370,000 | MRED MLS |
| 25 Jul, 2022 | Listed for sale | $370,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 35X126.2 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2009 | $4,829 |
| 2022 | $3,385 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
MPower Residential Brokerage LLC
