1541 S Tripp Avenue, Chicago IL 60623
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!
Features & Information
Key Details
- List Price $415,000
- Property Taxes $1,693
- Year Built 1907
- Status Re-activated
- List Market Time 72
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 3
- Baths 1
- Appliances None
- Rent $0/mo
- Tenant Pays Other
- Lease Expires 00/00
-
Unit 2
- Floor 2
- Rooms 5
- Beds 2
- Baths 1
- Appliances None
- Rent $0/mo
- Tenant Pays Other
- Lease Expires 00/00
Exterior Features
-
Parking
- # of Cars: 0
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township West Chicago
- Corporate Limits Chicago
- Directions to Property W 16th St To S Tripp Ave
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1693
- Tax Year 2023
- Parcel Identification Number 16222260150000
Listed by Rashauna Scott for Keller Williams ONEChicago | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/11/2026 2:02 PM. 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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