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$475,000
Property Description
Turnkey investment opportunity in the Hermosa Neighborhood! This fully rented, income-producing property includes a finished 1-bedroom basement apartment, offering three total spaces and immediate cash flow. The top-floor unit features new hardwood flooring throughout, including the bedrooms, a spacious living and dining area, and a newly renovated bathroom. The main-level unit also offers hardwood floors and a modern kitchen with abundant cabinet and countertop space for cooking and meal preparation. Both units are filled with natural sunlight and overlook charming tree-lined streets. The finished basement apartment includes tile flooring, recessed lighting, and a renovated kitchen, creating a comfortable additional living space. Each unit also has convenient extra storage located just outside the unit doors-perfect for seasonal or personal items. The property offers on-site laundry, two separate hot water tanks and Comed electrical meters, and three gated parking spaces. In the rear, residents can enjoy a large fenced-in communal yard. Located just a few blocks south of the childhood home of Walt Disney, this property sits in the vibrant Hermosa neighborhood and is an excellent addition to any investment portfolio.
Full Property Details
Full Property Details for 2037 N Tripp Ave
General
- Price: $475,000
- Taxes: $5,241 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12680297
- Updated: 6/23/2026
- Added to Site: 8 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 3
- Parking Features: Off-Alley, Yes, Owned
Location
- Area: CHI - Hermosa
- County: Cook
- Township: Jefferson
- Driving Directions: North of Armitage Ave, West of Pulaski Rd
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Vinyl Siding, Brick, Stone
- Exterior Const.: Vinyl Siding, Brick, Stone
- Basement: Yes
- Basement Desc.: Partially Finished, Exterior Entry, Full
- Year Built: 1890
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1890
- Tax Amount: $5,241.3
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13342280090000
Listed by Zerillo Realty Inc.
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Schools
Schools serving 2037 N Tripp Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Nixon Elementary School 2121 North Keeler Avenue, Chicago, IL 60639 | PK-6 | 0.1 mi |
Kelvyn Park High School 4343 West Wrightwood Avenue, Chicago, IL 60639 | 7-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 2037 N Tripp Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,812
—
$26,001
44%
2023
$3,812
3%
$18,003
—
2022
$3,716
2%
$18,003
—
2021
$3,632
11%
$18,003
23%
2020
$3,280
25%
$14,669
-11%
2019
$2,632
2%
$16,483
—
2018
$2,577
-8%
$16,483
1%
2017
$2,798
1%
$16,374
—
2016
$2,779
10%
$16,374
—
2015
$2,520
13%
$16,374
12%
2014
$2,232
3%
$14,598
—
2013
$2,177
—
$14,598
—
2012
$2,172
—
$14,598
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2037 N Tripp Ave
2037 N Tripp Avenue, Chicago, IL 60639 (MLS# 12680297) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 2037 N Tripp Avenue is currently listed for $475,000 and was received on June 16, 2026. Want to learn more about 2037 N Tripp Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hermosa? You can browse all Hermosa real estate or contact a Coldwell Banker agent to request more information.
