5638 S Tripp Ave., Chicago, IL 60629

5638 S Tripp Ave., Chicago, IL 60629
Photo 1 of 45
$345,000
Sold on 10/28/22
Beds Baths Sq. Ft. Taxes Built
7 0.00 0 $3,384.72 1918
On the market: 95 days
View full details, 15 photos, school info, and price history
**Attention Investors** Here's the Value-Add Opportunity in the Midway Area you've been seeking! This Legal 2-FLAT offers a spacious Five Bedroom Duplex-up apartment on the 2nd floor and a Two-Bedroom plus Den simplex unit on the First Floor. Both units have separate dining rooms, eat-in-kitchens and walk-in pantry closets. HOUSE HACK IT: Just complete the renovations to the semi-finished basement and enjoy more equity. In the meantime, occupy one of the units and rent the other and have your tenant pay for your mortgage. Property is currently completely Owner Occupied, there are no Existing Leases in place. However, 3bed rentals in the area yield $1350/mo on the low end, the five bedroom could potentially yield $1500/mo, again, conservatively speaking. Basement is semi-finished but currently used for storage. Conveniently located near Midway Airport, the Pulaski Orange line station along with loads of mom & pop shops, restaurants, parks and playgrounds. Good public schools nearby including Louis Pasteur Elementary School and Curie Metropolitan High School. Great investment. FHA Welcomed!
Listing courtesy of Karla Mina, MPower Residential Brokerage LLC