2037 N Tripp Avenue
Chicago, IL 60639

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Description

Turnkey investment opportunity in the Hermosa Neighborhood! This fully rented, income-producing single-family property is configured like a two-flat and includes a finished 1-bedroom basement apartment, offering three total rental units 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.

Features

• Property Type: Single Family Home
• Sub Type: Detached Single
• Listing Status: Active Under Contract
• County/Area: Cook County
• Zip Code: 60639
• Year Built: 1888
• Age: 100+ Years
• School District: 299
• Sq.Ft.: 2,460 sq ft
• Total Rooms: 10
• Bedrooms: 4
• Full Baths: 3
• Basement: Finished, Full
• # of Parking Spaces: 2
• Lot Size: Less Than .25 Acre
• Baths: 3
• View: No
• APRX_TOTAL_FIN_SQFT: 1640
• Appliances: Range, Refrigerator, Washer, Dryer
• Basement Bathrooms (Y/N): Yes
• Basement Sq Ft: 820
• Bedrooms Possible: 4
• Built Before 1978 (Y/N): Yes
• Construction Materials: Vinyl Siding, Brick, Stone
• Directions: North of Armitage Ave, West of Pulaski Rd
• Electric: Circuit Breakers
• Fencing: Fenced
• Heating: Natural Gas
• Is Parking Included in Price: Yes
• Living Area Source: Estimated
• Lot Size Source: County Records
• Main Sq Ft: 820
• Main Type: Residential
• North: 2037
• Parking Features: Off Alley, Alley Access, Yes, Owned
• Rehab (Y/N): Yes
• Rehab Year: 2020
• Rooms: Kitchen, Recreation Room
• Sewer: Public Sewer
• Special Service Area: N
• TOTAL_SQFT: 1640
• Tax Annual Amount: 5241.39
• Tax Year: 2024
• Total Finished/Unfinshed Sq Ft: 2460
• Township: Jefferson
• Type Detached: 2 Stories
• Upper Sq Ft: 820
• Virtual Tour Date: 2026-03-11T07:23:27
• Water Source: Lake Michigan, Public
• West: 4300