Active Under Contract

$415,000

1541 Tripp Avenue, Chicago, IL 60623
5 Beds2 Baths28 days
1541 Tripp Avenue·Chicago, IL 60623
5Bedrooms
2Bathrooms
1907Year Built
About This Home

Welcome to this classic brick 2-unit that offers an excellent opportunity for investors, owner-occupants, or buyers looking to add a multi-family property to their portfolio. The existing layout offers a 2-bedroom/1-bath first-floor duplex unit with 2 additional rooms, a bathroom, and kitchen area in the basement. There is also a 2 bedroom/1 bath located on the second-floor unit, creating flexibility for rental income. This 2-unit features a fully finished basement with plenty of storage and large backyard. Located in the Lawndale neighborhood, the property is surrounded by a vibrant residential community known for its neighborhood businesses, restaurants, markets, and the popular 26th Street commercial corridor. The location also provides access to schools, parks, public transportation, and major Chicago roadways, making it a practical location for residents and commuters. Lawndale is a well-established West Side of Chicago community with a distinctive neighborhood atmosphere, a diverse mix of housing, a thriving local business scene, and new development all around! Whether you're looking for a live-in investment, a rental property, or an opportunity to renovate with your finishing touches and add value, this property offers the fundamentals of a classic Chicago 2-unit in a highly recognizable neighborhood. Bring your vision and explore the possibilities this property has to offer. Schedule a private showing today!

MLS# 12743739Listed August 27, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms2
Total Rooms11

Size & Structure

Year Built1907
Lot Size4711

Location

CountyCook
TownshipWest Chicago
Zip Code60623

Financial

List Price$415,000
Annual Taxes (2023)$1,693
Monthly Tax Est.$141
Parcel #16222260150000
Interior Features

Heating

Natural GasForced AirRadiator(s)

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$1,693
Tax Year 2023
Monthly Tax Est.
$141
per month
Property Location

1541 Tripp Avenue, Chicago, IL 60623 — Cook County

$415,000
1541 Tripp Avenue
5 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
28 days on market
4711
$1,693/yr taxes
$2,322
estimated monthly payment
Principal & Interest
$2,181/mo
Property Tax
$141/mo
$415,000
20% — $83,000
3%50%
6.875%
3%12%
Loan Amount
$332,000
Down Payment
$83,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams ONEChicago
Agent: Rashauna Scott
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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