5313 S Tripp Avenue, Chicago IL 60632
Property Description
Great opportunity to own this spacious brick 2-unit property with finished basement in a convenient location near Midway Airport! Situated on an extra-wide lot, this property offers incredible potential for both homeowners and investors. The first-floor unit features an updated bathroom and the opportunity to duplex down into the finished basement, offering additional living space, rooms, and a full bath. The basement could use a little TLC, making it a great opportunity to add your personal touch and maximize the space. Perfect for an owner-occupant looking to enjoy an expanded living area while generating rental income from the second-floor unit! The second-floor unit features generously sized rooms,. Additional highlights include a side driveway with ample parking, a 2-car garage, and a backyard concrete area ideal for entertaining or additional parking. Conveniently located near I-55, Midway Airport, downtown Chicago, and surrounding suburbs. Whether you're looking to offset your mortgage with rental income or add to your investment portfolio, this property offers space, flexibility, and plenty of potential.
Features & Information
Key Details
- List Price $435,000
- Property Taxes $4,734
- Year Built 1947
- Status Active
- List Market Time 7
Units
-
Unit 1
- Floor 1
- Rooms 5
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator, Washer, Dryer
- Tenant Pays All,Gas,Heat
- Lease Expires OWN
-
Unit 2
- Floor 2
- Rooms 3
- Beds 1
- Baths 1
- Appliances None
- Rent $1,500/mo
- Tenant Pays Gas
- Lease Expires 07/27
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 2
- Age of Building 71-80 Years
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property Pulaski South To Archer, West To S. Keeler, West To 54th Then West To N. Trip Ot 55 To Cicero Then S To 54th, East To Tripp
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4734.03
- Tax Year 2025
- Tax Exemptions Homeowner
- Parcel Identification Number 19104120450000
Listed by Jaime Campos for RE/MAX LOYALTY | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2026 12:32 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.
Explore West Elsdon
From its beginnings as low-lying wetlands, the first half of the 20th century saw slow development for the neighborhood now known as West Elsdon. But with the arrival of nearby industrial areas and Midway Airport, the neighborhood took off after the 1950s, and this sleepy outlying settlement transformed into a comfortable and popular Chicago community. Today the area is known for its well-maintained bungalows, spruce lawns, and growing diversity. A number of schools and public parks add to West Elsdon's cultural aspects, and a sizeable commercial corridor along Pulaski Road presents inhabitants with ample shopping and dining selections that include the Chicago favorite, Giordano's Pizza. The nightlife in West Elsdon is on the quiet side, sticking to just a few neighborhood watering holes.
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