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$ 415,000
Est. payment /mo
New
1541 S Tripp AVE Chicago, IL 60623
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12743739
Bedrooms 5
Year Built 1907
Annual Tax Amount $1,693
Tax Year 2023
Lot Dimensions 4711
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air, Radiator(s)
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rashauna Scott of Keller Williams ONEChicago