1431 S Tripp Avenue, Chicago IL 60623
$549,000

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Property Description

Spacious 3 Unit with an UNFINISHED BASEMENT. Major expansion potential!! All Units have identical layout. Near Ogden Ave and the I-290 Welcome to this 3 unit building fully remodeled in 2023 offering flexibility, strong rental income, and room to grow. Each apartment features three bedrooms,L-Room,D-Room, Kitchen & a full bath, Brand new HVAC(2023)New plumbing & electrical (2023),Washer/Dryer per unitStainless steel appliances (2023)refinish hardwood floors & LVP flooring and comfortable layouts that make the spaces feel open and inviting a private back porch and off street parking and 2 spaces on the rear. The unfinished basement offers an opportunity to add value by creating a fourth garden level unit or duplexing the first floor down to increase living space and rental income potential.live in one unit while tenants help cover the mortgage! Located across St. from Franklin Park This is a solid, income producing property with flexibility for both living and investing. Schedule your showing today to explore the possibilities.

Features & Information

Key Details

  • List Price $549,000
  • Property Taxes $1,905
  • Year Built 1914
  • Status New
  • List Market Time 1

Units

  • Unit 1

  • Floor 1
  • Rooms 7
  • Beds 4
  • Baths 1
  • Appliances Stove, Refrigerator, Microwave
  • Tenant Pays Electric,Gas,Heat,Parking
  • Lease Expires Vac
  • Unit 2

  • Floor 2
  • Rooms 7
  • Beds 4
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Microwave
  • Rent $1,900/mo
  • Tenant Pays Electric,Gas,Heat,Parking
  • Lease Expires MTM
  • Unit 3

  • Floor 3
  • Rooms 7
  • Beds 4
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dryer, Microwave
  • Tenant Pays Electric,Gas,Heat,Parking
  • Lease Expires None

Exterior Features

  • Parking

  • # of Cars:  3

Building Information

  • Number of Units 3
  • Age of Building 100+ Years

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property 16th To Tripp-north To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 1905
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 16222180090000

Listed by Clemente Lopez for Chicagoland Brokers, Inc. | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/14/2026 2:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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