$415,000
 $2,228 est/mo Sourced by Back At You

1541 S Tripp Avenue,Chicago, IL 60623

Chicago, IL 60623

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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!

Details

MLS #12743739
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1907
Days On Site14
Listing Provided ByKeller Williams ONEChicago | Rashauna Scott

Features

Bed(s)5
Bath(s)2
BasementY
Acreage4711.00

Interior

Rooms Total11
HeatingNatural Gas, Forced Air, Radiator(s)

Exterior

Construction MaterialsBrick

Utilities

SewerPublic Sewer

Taxes

Tax Year2023
Tax Annual Amount1693

Area Information

StateIL
CountyCook
CityChicago
Zip Code60623
AreaCHI North Lawndale
Listing VS Median (in 60623)
Price:
$415,000
low | high
Med:
$232,450
93.987951807229% of Average
On site:
14
low | high
Med:
44.5
31.460674157303% of Average
Sourced by Back At You

Market Activity 60623

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60623
AreaCHI North Lawndale
Listing VS Median (in 60623)
Price:
$415,000
low | high
Med:
$232,450
93.987951807229% of Average
On site:
14
low | high
Med:
44.5
31.460674157303% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $311K - $518K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4243 W 16th Street Property Photo 1
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4243 W 16th Street
Chicago, IL 60623
4259 W 16th Street Property Photo 1
$55,000
4259 W 16th Street
Chicago, IL 60623
Listing Updated: September 1, 2026 at 11:18:08 PM PDT