Listing provided courtesy of Zerillo Realty Inc.MREDas Distributed by MLSGrid- MLS# 12680297MLS Provider

2037 N Tripp AvenueChicago, IL 60639

Multi-Family · 4 Beds
$475,000 Active

2037 N Tripp Avenue Overview

Time on Site:
13 days
Visits:
0

Turnkey investment opportunity in the Hermosa Neighborhood! This fully rented, income-producing property includes a finished 1-bedroom basement apartment, offering three total spaces 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.

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2037 N Tripp Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1890

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Hermosa
  • Township: Jefferson

Tax Information

  • Tax Annual Amount: $5,241.30
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 13342280090000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 3

General Information

  • Basement: Partially Finished, Exterior Entry, Full
  • Heating: Natural Gas
  • Rooms Total: 11

Exterior

Parking Information

  • Parking Features: Off Alley, Yes, Owned
  • Parking Total: 3

Lot Information

  • Lot Size Dimensions: 25X125
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding, Brick, Stone

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1450
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 1400
  • Beds Total: 2
  • Baths Total: 1

2037 N Tripp Avenue Neighborhood

Community

60639 (Chicago) Demographics

35
Median Age
18,147
Population Density (per sq. mile)
20%
College Educated
$51,810
Estimated Median Income
12,979
Estimated Total Home Owners
12,828
Estimated Total Renters
50% / 50%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2037 N Tripp Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2037 N Tripp Avenue Market Data

Based on the last 30 days in this zip code

$496,366
Average List Price
$256
Average Price per Square Foot
14
Properties Sold
54
Average Days on Market
36
Properties for Sale
Calculations provided by Reliance Network

2037 N Tripp Avenue History

Date Event Value Agent
6/23/2026Source: MRED Status Change
Active
6/17/2026Source: MRED Price Increase
$475,000 5.6%
6/17/2026Source: MRED Status Change
Price Change
6/16/2026Source: MRED Added to Database
June 16, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022