1541 S Tripp Avenue, Chicago, IL, 60623

$415,000

5

Beds

About 1541 S Tripp Avenue

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!

Additional Information: This property is located in the CHI - North Lawndale neighborhood, IL. This 5 bedrooms two to four units property is priced at $415,000.

Facts & Features

MLS® # 12743739
Price $415,000
Bedrooms 5
Bathrooms 0.00
Taxes $1,693
Year Built 1907
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 1541 S Tripp Avenue
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Forced Air, Radiator(s)
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 7
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $1,693

Listing Details

OfficeKeller Williams ONEChicago

Listing Map

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