2037 N Tripp Ave, Chicago, IL, 60639
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1890
Materials
- Construction materials: Vinyl Siding,Brick,Stone
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Partially Finished,Exterior Entry,Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Heating features: Natural Gas
Property
Details
- Parcel number: 13342280090000
- Special condition: None
Lot
- Lot size: 3,125 sqft
- Lot size dimensions: 25X125
Parking
- Total spaces: 3
- Parking features: Off Alley,Yes,Owned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,274 | $27,288 |
| Home Insurance * | $258 | $3,096 |
| Property Taxes | $648 | $7,776 |
| Electricity | $130 | $1,569 |
| Total | $3,310 | $39,720 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-17 | Listing removed | $449,900 |
| 2026-05-20 | Listing removed | $449,900 |
| 2026-04-06 | Contingent | $449,900 |
| 2026-03-10 | Listed for sale | $449,900 |
| 2023-12-29 | Sold | $280,000 |
| 2023-10-31 | Contingent | $320,000 |
| 2023-10-31 | Listed for sale | $320,000 |
| 2023-10-31 | Listing removed | -- |
| 2023-10-30 | Contingent | $320,000 |
| 2023-10-26 | Listed for sale | $320,000 |
| 2023-10-02 | Contingent | $320,000 |
| 2023-09-25 | Listed for sale | $320,000 |
| 2019-06-16 | Listing removed | $153,746 |
| 2019-06-15 | Price change | $153,746 |
| 2019-06-14 | Price change | $153,990 |
| 2019-06-13 | Listed for sale | -- |
| 2019-06-07 | Sold | $180,000 |
| 2019-03-17 | Pending sale | $175,000 |
| 2019-03-08 | Listed for sale | $175,000 |
| 2018-10-30 | Pending sale | $175,000 |
| 2018-10-15 | Price change | $175,000 |
| 2018-08-16 | Listed for sale | $210,000 |
| 2000-07-11 | Sold | $158,000 |
| 1999-06-07 | Sold | $112,000 |
| 1993-10-12 | Sold | $70,000 |
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