5638 S Tripp Ave.

5638 S Tripp Ave., Chicago, IL 60629

Sold for $345,000 on 10/28/22


Beds Baths Built Sq.Ft. Garage Taxes On Market
7 1918 2 $3,385 645 days

**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 MPower Residential Brokerage LLC


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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