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Three-Unit Multifamily Property
For Sale
$449,900

2037 N Tripp Avenue, Chicago, IL 60639

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market93

Property Features for 2037 N Tripp Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Basement, Bedroom 4, Bathroom 3, Bathroom 2
Parking 3
Parking features Owned, Off Alley
Basement Full, Exterior Entry, Partially Finished
Elementary school district 299
Middle school district 299
High school district 299
Directions North of Armitage Ave, West of Pulaski Rd
Subdivision CHI - Hermosa
Standard status Active
APN 13342280090000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5241

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

on-site laundry
large fenced-in communal yard
extra storage

Building Details

Year built 1890
Building materials Vinyl Siding, Brick, Stone
Listing Agency: Zerillo Realty Inc.
Listed By: Giuseppe Zerillo · License #471018051
Added: Jun 16 Changed: Sep 15 Last Checked: Sep 16 at 12:06AM
MLS# 12680297

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit multifamily property at 2037 N Tripp Avenue includes two primary residential units and a finished one-bedroom basement apartment. The upper unit has hardwood flooring, a combined living and dining area, and a renovated bathroom. The main-level residence also features hardwood floors and a modern kitchen with substantial cabinet and counter space. The lower apartment offers tile flooring, recessed lighting, and an updated kitchen. Storage areas are positioned outside the unit entrances.

Property features include on-site laundry, two separate hot water tanks, individual ComEd electrical meters, and three gated parking spaces accessed from the alley. Residents also have use of a large fenced rear yard. The property was built in 1890 and is served by public water and public sewer. All three residential spaces are currently rented. The location is in Chicago’s Hermosa neighborhood, a few blocks south of Walt Disney’s childhood home.

Key Highlights

  • Three total residential spaces, including a finished 1‑bedroom basement apartment
  • Three gated parking spaces with off‑alley access
  • On‑site laundry, two separate hot water tanks, and two ComEd electrical meters

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Acupuncture Nursing Home (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,657
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Fully rented triplex with a finished basement apartment, gated parking, laundry, and a fenced communal yard.
Where is this triplex located?
The property is located at 2037 N Tripp Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Three total residential spaces, including a finished 1‑bedroom basement apartment; Three gated parking spaces with off‑alley access; On‑site laundry, two separate hot water tanks, and two ComEd electrical meters
More about this property
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