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IRVING PARK MULTI-FAMILY INVESTMENT OPPORTUNITY
Part of the Gary R. Carlson NW Side Portfolio

4121-25 N. Tripp Ave, Chicago, IL 60641

Subject to Offer

Property Description

4121–25 N. Tripp is a 9-unit multi-family asset offered as part of the Gary R. Carlson Northwest Side Portfolio, located in Chicago’s Irving Park neighborhood. The property consists entirely of nine 1-bedroom apartments, providing a consistent and efficient unit mix well-suited to the strong rental demand in this commuter-friendly submarket. Built in 1926 and offering 6,450 rentable square feet, the building features a classic masonry exterior and a spacious lot footprint within a quiet residential pocket near parks, transit, and major thoroughfares. With stable in-place income and clear potential for value enhancement through modernization, the asset represents a dependable investment opportunity in a supply-constrained North Side neighborhood. RS-3 Zoning.


Price is Subject to Offer - visit our Listing Data Room via URL below to access property rent roll and financials. For any questions regarding the property or the Carlson Northwest Side Portfolio, contact the listing agent.

Contact Agent

Matthew Fritzshall

(847) 778-8746

Harrison Cohen

(847) 624-6639

Property Details

Property Type

Multi-family

Year Built

1926

Year Renovated

N/A

Current Cap-Rate

Pro Forma Cap-Rate

Property Highlights

  • Building-Owned Common Area Laundry

  • Approx. 2023 Full Tear-Off Roof

  • 2023 Full Tear-Off RoofContact listing agent for property highlights

Listing Data Room Access

GET IN TOUCH

312-788-9379
office@tritonrealtygroup.com

5301 N. Damen

Chicago, IL 60625

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