Contact
Viorel Lozneanu
Broker
, IL
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
773-848-8733

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4848 Tripp Avenue
Chicago, IL 60630
Cook, US
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Status: Sold (For Sale)
Type: Multi Family
Lot Size: 0.08 Acres
Bedrooms: 6
Bathrooms: 3
MLS ID: 11468430


Overview
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Fantastic opportunity for investment in Mayfair neighborhood of Chicago. Legal Two Flat Brick Building. In law arrangement in basement. Neither seller nor agent represents legality of garden unit. Each unit has separate: furnace, central air conditioning, hot water tank, gas and electric. ALL UNITS ARE RENTED. Two units (garden and 2nd floor) are updated and one unit (1st floor apartment)has not been updated. GARDEN UNIT is an updated four room apartment with 2 bedrooms and 1 bathroom. Kitchen with granite countertops and stainless steel appliances. Nice full bath with soaking tub. Can lights and vinyl floors. Rented with 1 year lease starting October 1st 2022, for $1,300/month. All utilities are paid by the owner. UNIT #2 NOT UPDATED first floor level. Large 6 room apartment with living room, formal dining room, large kitchen, 2 bedrooms and bonus room which can be used as 3rd bedroom or office. This unit is not updated. Rented for $1,275/mo with lease expiring at the end of February 2023, plus $100/month for the 2 car garage. All utilities are paid by the tenant. UNIT #3 UPDATED second floor level. Outstanding 6 room apartment, featuring living room, separate dining room, 2 bedrooms, 1 bath and bonus room which can be used as 3rd bedroom or office. Rented with one year lease starting October 1st 2022 for $1,550/mo. All utilities are paid by the tenant. Laundry room in the basement with coin operated washer and dryer. Detached 2 car garage and easy street parking. Upgrades: *2020 New Rubber Roof, New 40 gallon hot water tank for garden unit/common area and 2nd floor unit. *2019 updated garden unit and 2nd floor unit, new dishwasher 2nd floor unit, new appliances (fridge, stove, microwave) for garden and 2nd floor unit. *2018 new windows, new concrete patio, new commercial coin based washer & dryer, new furnace garden unit, new central air conditioning all 3 units. Extra income $250 per month from the garage and coin laundry. Close to shopping and public transportation. Easy access to downtown Chicago and suburban areas. Don't miss this great opportunity.

Feature Highlights


  • Built Before 1978
  • Built Before 1978

General Features


List Date:
07/19/2022

Exterior Features and Amenities


Lot Size Dimensions:
30X127
Model:
1-3 SORIES

Financial


Purchase Contract Date:
2022-11-01
Days On Market:
107
Tax Year:
2020

Interior Features


Basement Description:
Finished
Bedrooms Possible:
6
Rooms Total:
15

Other Features


Elementary School District:
299
High School District:
299
Middle Or Junior School District:
299
Age:
Unknown


Directions


West of Pulaski, East of Elston, on Tripp North of Lawrence

Availability Calendar


- Available - Unavailable

Rental Rates


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The information presented here is deemed reliable, though not guaranteed.
Illinois License 478101578
Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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