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  • $325,000

    850 N Tripp Ave, Chicago, IL 60651

    8beds
    --sqft
    Multi Family
    Built in 1898
    -- sqft lot
    $478,000 Zestimate®
    $--/sqft
    $1,824 Estimated rent

    Home value

    $478,000

    $425,000 - $526,000

    $1,824/mo

    Zestimate® history
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    What's special

    Modern finishesOpen layout
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sam Shah 847-757-2777,

    YBRS Realty Inc.

    Bought with:

    Maria Buitron

    RE/MAX LOYALTY

    Source: MRED as distributed by MLS GRID,MLS#: 11822705MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Electric, Forced Air
    Features
    • Basement: Finished,Partial

    Property

    Lot
    • Size: 3,750 Square Feet
    • Dimensions: 30X125
    Details
    • Parcel number: 16034260210000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1898

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $310,000
    • Annual tax amount: $2,815
    • Date on market: 7/5/2023
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/11/2023Sold$325,000+3.2%
    Source: MRED as distributed by MLS GRID #11822705 Report a problem
    7/13/2023Contingent$315,000
    Source: MRED as distributed by MLS GRID #11822705 Report a problem
    7/5/2023Listed for sale$315,000+1160%
    Source: MRED as distributed by MLS GRID #11822705 Report a problem
    12/10/2016Listing removed$1,150+17.9%
    Source: Go Section8 Report a problem
    1/28/2013Sold$25,000-66.7%
    Source: MRED as distributed by MLS GRID #08225389 Report a problem
    4/6/2011Listing removed$975
    Source: 1246 E. 79th St., Chicago, IL 60617 Report a problem
    1/1/2011Listed for rent$975
    Source: 1246 E. 79th St., Chicago, IL 60617 Report a problem
    6/20/2008Sold$75,000-70.6%
    Source: Public Record Report a problem
    2/17/2005Sold$255,000+64.5%
    Source: Public Record Report a problem
    4/30/2004Sold$155,000+29.2%
    Source: Public Record Report a problem
    1/22/2004Sold$120,000+29%
    Source: Public Record Report a problem
    8/4/1999Sold$93,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $31,000 +121.4%
    2023$2,963 +2.9%$13,999
    2022$2,879 +2.3%$13,999
    2021$2,815 -25.8%$13,999 -17.8%
    2020$3,792 -4.6%$17,024 -14%
    2019$3,977 +1.7%$19,796
    2018$3,910 +6.7%$19,796 +16.3%
    2017$3,663 +7.5%$17,017
    2016$3,408 +9.3%$17,017
    2015$3,118 +8.6%$17,017 +10%
    2014$2,871 -3.9%$15,475 -5.8%
    2013$2,987 -8.8%$16,422 -10.1%
    2012$3,276 -2.8%$18,258 -12.2%
    2011$3,369 -0.4%$20,792
    2010$3,383 +4.4%$20,792
    2009$3,242 -4.5%$20,792 -12.1%
    2008$3,395 +1%$23,664
    2007$3,361 -1.1%$23,664
    2006$3,397 +26%$23,664 +43.4%
    2005$2,696 +1%$16,501
    2004$2,669 +2.2%$16,501
    2003$2,611 +39.6%$16,501 +58.5%
    2002$1,870 +3.7%$10,410
    2001$1,803 +16.9%$10,410
    2000$1,542 -0.7%$10,410 +29.7%
    1999$1,552 $8,026
    Find assessor info on the county website

    Neighborhood: West Humboldt Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $478,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $478,000