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850 N Tripp Avenue, Chicago, IL 60651
$325,000
850 N Tripp Avenue, Chicago, IL 60651View this property at 850 N Tripp Avenue, Chicago, IL 60651
850 N Tripp AvenueChicagoIL60651
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Property Description
Welcome to 850 N. Tripp Ave., Chicago! This exceptional 3-unit property offers a fantastic investment opportunity or the chance to become a homeowner with rental income. Situated in a convenient location, this property is perfect for investors or individuals seeking additional income. First floor features a spacious unit with 2 bedrooms and 1 bath, offering comfortable living spaces. Currently occupied by a CHA tenant, generating a stable monthly rental income of $1,100. This unit is well-maintained and showcases a cozy atmosphere, ideal for tenants looking for a comfortable place to call home. The second floor presents a generously sized unit boasting 3 bedrooms and 1 bath, providing ample space for residents. Currently occupied by a CHA tenant, this unit brings in a monthly rental income of $1,161. The interior is well-designed, featuring modern finishes and an open layout, ensuring a pleasant living experience. The third floor is a blank canvas, offering a 3-bedroom, 1-bath unit awaiting your personal touch. Currently vacant, this unit presents an incredible opportunity to maximize your investment income by renting it out. Alternatively, as a homeowner, you can occupy this floor while enjoying the rental income generated from the other units. Whether you're an investor seeking a profitable multi-unit property or a homeowner looking for additional income, 850 N. Tripp Ave. presents an enticing opportunity. Don't miss out on this chance to own a versatile property with potential for both rental income and personal use. Schedule a showing today and unlock the possibilities this property has to offer!
Full Property Details
Full Property Details for 850 N Tripp Ave
General
- Sold For: $325,000
- Taxes: $2,815 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11822705
- Added to Site: 335 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Type: None
Location
- Area: CHI - Humboldt Park
- County: Cook
- Driving Directions: CHICAGO AVE TO TRIPP - NORTH TO PROPERTY
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Electric, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Other
- Exterior Const.: Frame
- Basement Desc.: Partial
- Year Built: 1898
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 30 x 125
Financial Considerations
- Assessment Year: 1898
- Tax Amount: $2,815.08
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16034260210000
Listed by YBRS Realty Inc.
Sold by Re/Max Loyalty
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Schools
Schools serving 850 N Tripp Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1040 N Keeler Ave Ste 1, Chicago, IL 60651 | PK-8 | 0.3 mi | |
730 N Pulaski Rd, Chicago, IL 60624 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 850 N Tripp Ave
Date
Details
Price
Change
Source
10/11/2023
Sold
$325,000
3.17%
MLS
7/04/2023
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
850 N Tripp Avenue, Chicago, IL 60651 (MLS# 11822705) is a Multi-Family property that was sold at $325,000 on October 11, 2023. Want to learn more about 850 N Tripp Avenue? Do you have questions about finding other Multi-Family real estate for sale in Humboldt Park? You can browse all Humboldt Park real estate or contact a Coldwell Banker agent to request more information.