Get a 3-Bedroom Rehabbed Bungalow in Mayfair for Under $350K: 4820 N. Tripp

This 3-bedroom brick bungalow at 4820 N. Tripp in the Mayfair neighborhood of Albany Park has been on the market since January 2011.

4820-n-tripp.jpg

(sorry about the picture. I need to clean my car windows!)

In that time it has been reduced $20,100.

It was a foreclosure in 2009 and has since been rehabbed.

The bungalow has been registered with the city’s Historic Bungalow Initative.

The listing says it has a new master bathroom.

The kitchen has cedar finished cabinets and stainless steel appliances.

2 of the bedrooms are on the main floor with the third in the basement along with the family room.

It has some of its vintage features intact such as built-in bookcases.

Built in 1923 on a 30×125 lot, it has central air and a 2-car garage.

Is this a good starter house for this neighborhood?

Mayfair was voted one of the best “old house” neighborhoods in 2010 by This Old House magazine (51 neighborhoods were selected nation wide).

Edward Hester at Dream Town Realty has the listing. See the pictures here.

4820 N. Tripp: 3 bedrooms, 2 baths, 2000 square feet, 2 car garage

  • Sold in January 2002 for $211,000
  • Sold in October 2006 for $375,000
  • Lis pendens filed in September 2007
  • Bank owned in October 2008
  • Sold in February 2009 for $225,000
  • Originally listed in January 2011 for $369,900
  • Reduced
  • Currently listed at $349,800
  • Taxes of $4717
  • Central Air
  • Bedroom #1: 12×10 (main floor)
  • Bedroom #2: 11×10 (main floor)
  • Bedroom #3: 15×11 (basement)
  • Family room: 21×20 (basement)

46 Responses to “Get a 3-Bedroom Rehabbed Bungalow in Mayfair for Under $350K: 4820 N. Tripp”

  1. Very nicely restored. Good use of basement space…many bungalows don’t have this nice of space in the basement. There appears to be a fair bit of buit in cabinets. I don’t think this person is really making much money off of this flip. The renovations look extensive (everyroom including new hardwood).What is the neigborhood actually like — walkability, safety, schools? I’m not all that familar with Mayfair.

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  2. I’m surprised this house looks so nice inside. I don’t usually like bungalows. I’m not a fan of this area, but the flipper did a really nice job.

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  3. “The kitchen has cedar finished cabinets”

    I was wondering about “cedar” cabinets, and see it is “cider” finished maple. How different is the “cider” from natural, after the natural has aged in some?

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  4. Also, how is it a “master” bath if it is also the 2d bedroom bath and the only bath on the main floor?

    Further, the 2d main floor bedroom has no window and the basement bedroom has no closet.

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  5. My question, as always, is where am I putting the TV, besides apparently in the master bed (where it looks a little askew, but maybe that’s one of those optical thingys)?

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  6. If i’m going to live this far from the loop i’d rather live in franklin park

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  7. “My question, as always, is where am I putting the TV, besides apparently in the master bed ”

    Basement. Where the other, bigger tv is.

    The BR tv appears centered b/t the closet and the wall reasonably well.

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  8. lis pendens filed less than a year after they bought? so what, they paid their mortgage for 3 or 4 months? how long does do you have to default before lis pendens is filed?

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  9. “Basement. Where the other, bigger tv is.”

    Didn’t I post my list of demands where primary tv watching in basement is not acceptable? Seriously, people like to watch a lot of tv, they shouldn’t have to go to the basement.

    “The BR tv appears centered b/t the closet and the wall reasonably well.”

    Didn’t seem level to me, but I recognize that may just be me.

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  10. Hmmm, I don’t see a lis pendens on ccrd… I did find a blog about the renovation though: http://bungalowjourney.blogspot.com/. Looks like it was bought by a general contractor & his wife.

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  11. “how long does do you have to default before lis pendens is filed?”

    90 days delinquent will do it. Not that most lenders file that quickly, but that’s the “normal” trigger.

    “Didn’t seem level to me, but I recognize that may just be me.”

    Prolly could fix that with a level, one hand, and 90 seconds, but I might need two hands and/or a screwdriver.

    “Didn’t I post my list of demands where primary tv watching in basement is not acceptable?”

    If you did, I forgot. I like basement TV because it makes it just a little harder to do.

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  12. “Prolly could fix that with a level, one hand, and 90 seconds, but I might need two hands and/or a screwdriver.”

    What do you need to put the basement tv at a proper height? Gonna need the wiring concealed.

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  13. Very nice rehab, looks like a lot of attention to detail. I especially like the way they boxed in the lower level window, nice touch. But the proof will be in person, sometimes the pictures turn out much better than the actual product.

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  14. Awesome house in a awesome location!

    there are a few things that irk me, one (ufo) pointed out is the “master” bath confusion, i am also let down by why they did with the back porch add on.

    that said i think the price reflects the oddities and irks.

    there are many teachers and cops in this hood and many many many block parties in the summer.

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  15. I long for a home in which there is no t.v. in the main living/dining/socializing area, with a huge t.v. mounted in dedicated room.

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  16. any one know the history for the box shack homes on kilborn towards foster?

    i can never find anyone who knows, any google masters want to show your skills and help a brother out?

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  17. Absolutely opposite of my taste especially the kitchen, but for the price it will make some family a cozy home.

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  18. “What do you need to put the basement tv at a proper height? Gonna need the wiring concealed.”

    That’s, at worst, an afternoon of work, plus maybe touching up the paint later. Depending on the size of the tv and the type of wall mount, may need four hands.

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  19. “I long for a home in which there is no t.v. in the main living/dining/socializing area, with a huge t.v. mounted in dedicated room.”

    I trust you know what kinda home that would be.

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  20. I used to hate the idea of having a TV in the living room. I grew up in a house where the living room was TV-free. We spent most of our time watching TV in the smaller den. Thinking back, it would have been much better to actually put the TV in the living room, since it was nicer than the den.

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  21. “I trust you know what kinda home that would be.”

    One with an excess bedroom or “den”?

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  22. “I trust you know what kinda home that would be.”

    “One with an excess bedroom or “den”?”

    You think there are condos in annony’s lp and price range that are actually set up that way in real life, where the tv space is not intended for general living and socializing? Show me a single 2/2 or 2/2 with den (I forget what anonny got) listing anywhere that is set up that way (I know listings may be different from how people live, but just asking for a single listing).

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  23. “I used to hate the idea of having a TV in the living room. I grew up in a house where the living room was TV-free. We spent most of our time watching TV in the smaller den. Thinking back, it would have been much better to actually put the TV in the living room, since it was nicer than the den.”

    in our house the den was “dad’s cave” and the tv a 20′ tv but the wood box (with a swvile base) it was housed in was 100lbs and twice the size of the viewing screen. the only place it would fit was the living room. the smaller newer 13 inch RCA tv was in the den.

    thats right beyochess the groove had a two tv household back in the day, dont sweat me too bad the awesomeness doesnt rub off, sorry.

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  24. We have TVs in the den and basement and that’s where they’ll stay. The living room (and kids’ bedrooms) are TV-free zones. And none of our TVs are mounted.

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  25. If you want a nicely-restored bungalow in the heart of Chicago’s bungalow belt, you could do a lot worse than this one. The neighborhood is a bit quiet and distant, but that would suit a lot of people.

    I always love the way bungalows from the 1920s look, inside and out. But we have had friends who own them and whenever I visit, I leave glad that I don’t have to live in one full time. The rooms are small and all right on top of each other, the upstairs ceilings are always low, and space is generally at a premium. It’s kind of like living in a mid-sized apartment. I grew up in a 1920’s courtyard four bedroom, and it felt a lot more spacious than most bungalows I’ve visited.

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  26. we had a separate TV room, kind of a family that we all hanged. We were not permitted as kids to play in the living room and the dining room. I used to go there at siesta time when adults were sleeping and read my book there pretending I were a british lady…lol

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  27. This:

    http://www.redfin.com/IL/Chicago/2123-N-Kenmore-Ave-60614/unit-3/home/13352189

    is not in LP-OZ, is a 3/2, rather than a 2/2 and does have a TV in the LR, but you could remove that TV, the price is about right and the 3d BR *IS* being used as a TV (+maybe /guest) room.

    Very first listing on my search, so I could prolly find a LP-OZ listing similarly laid out, but somewhat more expensive.

    So, put that in your pipe and smoke it.

    And, I’m just goofin’. Of *course* anonny is “long”-ing for a S. F. H.

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  28. “but somewhat more expensive.”

    Uh, yes.

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  29. ““but somewhat more expensive.”

    Uh, yes.”

    Or, I guess, you know, NOT:

    http://www.redfin.com/IL/Chicago/2341-N-Commonwealth-Ave-60614/unit-2B/home/12557163

    No TV in the LR (in-frame), and no in-frame TV in the 3d bedroom, but that’s the room most set up for TV watchin’.

    Yeah, yeah, short sale, not all unicorn items, etc, etc. But the location *is* LP-OZ and it’s cheap!

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  30. “the 3d BR *IS* being used as a TV (+maybe /guest) room”

    What? The room with that ~15 inch tv? For current purposes, I don’t object to there being a secondary tv in the living room, but I do object when the living room tv is the main tv and the “dedicated room” tv is tiny.

    “No TV in the LR (in-frame), and no in-frame TV in the 3d bedroom, but that’s the room most set up for TV watchin’.”

    You’re offering up rooms without a tv as the tv room? Note also that anonny said “a huge t.v. mounted in dedicated room”. Don’t need mounted, but do need huge tv and dedicated room.

    But enough of this nonsense, Groove needs you to google the hell out of that thing for him.

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  31. First, if neither location nor price were an issue, I’d have plenty of t.v.-less living room options. But in that case, I’d be buying (i) a giant slope-side house in a ski town, (ii) an entire floor at the Four Seasons Maui, (iii) a condo overlooking Central Park, and (iv) a small cruise ship in Alaska from which to launch my helicopter.

    Second, I declined to even look at 2341 Commonwealth more than a year ago, not be of the price (which was about $100k higher than the current short sale price), but because it failed on too many Unicorn counts. That’s a really sad situation there; I feel for those sellers.

    Third, I’m not against putting making a big bedroom the t.v. room, but (i) it needs to be big enough to tastefully mount at least a 57 inch t.v. and accommodate a section couch to comfortably (i.e., “feet up”) seat at least 4 adults and (ii) I need to be left with a suitable number of sleeping rooms (which right now is 2, but the next place needs to be 3, so such a scenario would require a 4 bed).

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  32. Not this kind of lady I hope Miu…

    http://www.youtube.com/watch?v=aA_-PuR3JHw&feature=youtube_gdata_player

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  33. I think these people did a nice job, and my guess is they did because they planned to live in it. The blog makes its seem like they were rehabbing for themselves. I wonder what changed it. I definitely see a CPS teacher with a young kid finding this house to be ideal.

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  34. I love little britain!

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  35. “it needs to be big enough to tastefully mount at least a 57 inch t.v. and accommodate a section couch to comfortably (i.e., “feet up”) seat at least 4 adults”

    “I need to be left with a suitable number of sleeping rooms (which right now is 2, but the next place needs to be 3”

    So, S. F. H. it is! I guess it’s not just a podunk dream.

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  36. One more note about this place: Whoever buys will have to take careful consideration of the location. There’s nothing really wrong with the neighborhood. I don’t think crime is a problem. But it’s a neighborhood meant for the connoisseur; someone who really appreciates a great deal of ethnic diversity. This can be a real positive, but I don’t think the average Lincoln Parker is going to be very comfortable.

    I base most of this on recent drives down Lawrence east from the Kennedy. The store signs around here are almost all in Asian characters. I’m guessing there’s a large immigrant population.

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  37. Groove – what are the addresses on the homes?

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  38. “Groove – what are the addresses on the homes?”

    5100 Block of Kilbourn, odd numbers.

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  39. “The store signs around here are almost all in Asian characters.”

    Koreatown. But not nearly as many Koreans in the ‘hood as there once were.

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  40. ““The store signs around here are almost all in Asian characters.”

    Koreatown. But not nearly as many Koreans in the ‘hood as there once were.”

    yep it stretched from almost Cicero down to almost Kimball. the strecth from kimbal to pulaski is now taken over by the mexican community still some korens stayed.

    i found some moved shop over down jersey (kedzie) and bryn mawr. from foster to bryb mawr down jersy, then up from jersey down brynmawr to kimbal.

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  41. ““Groove – what are the addresses on the homes?”

    5100 Block of Kilbourn, odd numbers.”

    Anonemoose,

    please tell me you have a back story on this?

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  42. Groove – wish I did. Architect may know something. They are unique.

    The thing that sticks out to me is the styling when compared to the 20’s bungalows across the street.

    Leads me to think that the homes were an experimental style, a la the LEED homes that are going up in random locations. The designs could be from the 30’s, the 50’s or the 60’s, but I’m looking at Street View pics. Learning anything more requires a trip to City Hall and looking at the original records.

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  43. “The designs could be from the 30’s, the 50’s or the 60’s, but I’m looking at Street View pics.”

    iirc, the assessor has them tabbed as less than 60 years old. So, 50s-era.

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  44. “Groove – wish I did. Architect may know something. They are unique.

    The thing that sticks out to me is the styling when compared to the 20’s bungalows across the street.

    Leads me to think that the homes were an experimental style, a la the LEED homes that are going up in random locations. The designs could be from the 30’s, the 50’s or the 60’s, but I’m looking at Street View pics. Learning anything more requires a trip to City Hall and looking at the original records.”

    the LEED ref is spot on

    they seem like workers shacks that were temporary and supposed to morph into something else (not voltron) i when i rememeber about which is twice a year i ask around and nobody knows anything, then i forget and it doenst come up for a while.

    a trip to city hall for the records is way more than i want to do, shoot i cant even remember (or be bothered) to google it.

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  45. Groove 77 – I live in the neighborhood – I have heard that the 5100 Kilbourn ranch houses were barracks for military or park service people who were assigned to the LaBagh Woods area during WWII. People who live in those love them.

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  46. More on the barracks story:
    http://www.wbez.org/blog/lee-bey/2011-02-07/urban-planning-whodunit-chicago-neighborhood-vanished-thin-air-81948

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