1821 N Tripp Ave Chicago, IL 60639
Hermosa NeighborhoodEstimated payment $3,788/month
Highlights
- Deck
- Multiple Water Heaters
- Paved or Partially Paved Lot
- Forced Air Heating System
About This Home
Looking for a turnkey Chicago investment property that's already been done right? Welcome to 1821 N Tripp Ave - a fully gut rehabbed 2-unit building in 2020 featuring two spacious 3 bed / 1 bath apartments. This property offers the perfect setup for investors or owner-occupants looking to offset their mortgage with rental income. Both units feature updated finishes, modern kitchens and baths, bright living spaces, and functional layouts that tenants love. The extensive rehab means less stress, lower maintenance, and immediate income potential. Whether you're house hacking, building your portfolio, or searching for a move-in-ready multi-unit, this one stands out with its clean design, solid updates, and strong long-term upside. A true turnkey opportunity in Chicago you won't want to miss.
Listing Agent
Fulton Grace Realty Brokerage Email: al@fultongrace.com License #475169644 Listed on: 05/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,668
Year Built
- Built in 1895 | Remodeled in 2020
Lot Details
- Lot Dimensions are 25 x 125
- Paved or Partially Paved Lot
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Window Screens
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 2 Bathrooms
Partially Finished Basement
- Partial Basement
- Exterior Basement Entry
Parking
- 2 Parking Spaces
- Parking Available
- Off Alley Parking
- Parking Included in Price
Outdoor Features
- Deck
Schools
- Nixon Elementary School
- Kelvyn Park High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
- Multiple Water Heaters
Community Details
- 2 Units
- Kelvyn Park Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,447 | $43,001 | $7,813 | $35,188 |
| 2024 | $4,447 | $43,001 | $7,813 | $35,188 |
| 2023 | $4,335 | $21,000 | $6,250 | $14,750 |
| 2022 | $4,335 | $21,000 | $6,250 | $14,750 |
| 2021 | $4,237 | $21,003 | $6,253 | $14,750 |
| 2020 | $3,761 | $19,923 | $3,906 | $16,017 |
| 2019 | $3,980 | $23,167 | $3,906 | $19,261 |
| 2018 | $3,898 | $23,167 | $3,906 | $19,261 |
| 2017 | $4,306 | $23,377 | $3,437 | $19,940 |
| 2016 | $5,033 | $27,628 | $3,437 | $24,191 |
| 2015 | $4,582 | $27,628 | $3,437 | $24,191 |
| 2014 | $3,652 | $22,251 | $3,125 | $19,126 |
| 2013 | $3,569 | $22,251 | $3,125 | $19,126 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/21/2026 05/21/26 | For Sale | $575,000 | +13.9% | -- | |
| 09/30/2021 09/30/21 | Sold | $505,000 | +1.0% | $242 / Sq Ft | View Prior Sale |
| 08/28/2021 08/28/21 | Pending | -- | -- | -- | |
| 08/25/2021 08/25/21 | For Sale | $499,900 | -- | $239 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12628870
APN: 13344110130000
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.