NOT LISTED FOR SALE

850 N Tripp Ave Chicago, IL 60651

West Humboldt Park Neighborhood
8 Beds
3 Baths
-- Sq Ft
1898 Built

Last Sold October 11, 2023

Last sale price $325,000

7 Days on Market

About This Home

As of October 2023

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!

Last Agent to Sell the Property

Sam Shah

YBRS Realty Inc. License #475166155 Listed on: 07/05/2023

Last Buyer's Agent

Maria Buitron

RE/MAX LOYALTY License #475203870

RE/MAX LOYALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,815

Year Built

  • Built in 1898

Lot Details

  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,815

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1898
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 315000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30X125
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 2

Tax Info

  • Tax Annual Amount: 2815.08
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $325,000 +3.2% --
07/13/2023 07/13/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $315,000 +1160.0% --
01/28/2013 01/28/13 Sold $25,000 0.0% --
12/20/2012 12/20/12 Pending -- -- --
12/06/2012 12/06/12 For Sale $25,000 0.0% --
11/30/2012 11/30/12 Pending -- -- --
11/27/2012 11/27/12 For Sale $25,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sam Shah

    Seller's Agent in 2023

    Sam Shah

    YBRS Realty Inc.

    (847) 477-1477

    2 in this area

    129 Total Sales

    Sam Shah
    Section Image
  • Maria Buitron

    Buyer's Agent in 2023

    Maria Buitron

    RE/MAX

    5 in this area

    54 Total Sales

    Maria Buitron
    Section Image
  • Steven Maher

    Seller's Agent in 2013

    Steven Maher

    Kinzie Brokerage LLC

    (847) 208-4450

    23 Total Sales

    Steven Maher
    Section Image
  • Seth Captain

    Buyer's Agent in 2013

    Seth Captain

    Captain Realty LLC

    (773) 744-5372

    1 in this area

    68 Total Sales

    Seth Captain
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11822705

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60651 West Humboldt Park

850 N Tripp Ave, Chicago, IL

This home is located at 850 N Tripp Ave, Chicago, IL 60651 since 05 July 2023. This property was built in 1898. 850 N Tripp Ave is a home located in Cook County with nearby schools including Brian Piccolo Elementary School, Orr Academy High School, and KIPP One Academy.

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