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!
Property Details
Price:
$415,000
MLS #:
MRD12743739
Status:
Active Under Contract
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Aug 27, 2026
Year Built:
1907
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air, Radiator(s)
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$1,693
Map
Community
- Address1541 S Tripp Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60623
Market Summary
Current real estate data for Multi Family in Chicago as of Oct 10, 2026
1,354
Multi Family Listed
75
Avg DOM
$525,603
Avg List Price
Property Summary
- 1541 S Tripp Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $415,000
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Copyright 2026. All rights reserved.
1541 S Tripp Avenue
Chicago, IL


