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1431 S Tripp Avenue Chicago, IL 60623

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For Sale
$549,000

MULTI_FAMILY - Chicago, IL

Added:
Apr 10, 2026
Days on Market:
2
Last Refresh:
Apr 11 at 3:06 am

Property Features for 1431 S Tripp Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
9
Bathrooms
3
Rooms
Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 6, Basement, Bedroom 3, Bathroom 1, Bedroom 9, Bathroom 3, Bedroom 2, Bedroom 7, Bedroom 8
Parking
3
Parking features
Owned
Basement
Full, Unfinished
Standard status
Active
APN
16222180090000

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
1905

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1914
Building materials
Brick
Roof type
Flat

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Listing Contact
Clemente Lopez

Listing agent Clemente Lopez License #475128961

Listing office Chicagoland Brokers, Inc. 5151 N Harlem Suite 201, Chicago, IL

Listing date Apr 10, 2026

MLS# 12615877 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Remodeled Chicago Triplex with Expansion Potential

This spacious three-unit building, fully remodeled in 2023, offers flexibility, strong rental income, and room to grow. Each apartment features three bedrooms, a living room, a dining room, a kitchen, and a full bath. The property includes new HVAC (2023), new plumbing and electrical systems (2023), and a washer/dryer in each unit. Stainless steel appliances (2023), refinished hardwood floors, and LVP flooring enhance the comfortable layouts. A private back porch, off-street parking, and two spaces in the rear are available. The unfinished basement presents an opportunity to add value by creating a fourth garden-level unit or duplexing the first floor to increase living space and rental income potential. Located across the street from Franklin Park, this income-producing property offers flexibility for both living and investing. The property is near Ogden Ave and the I-290.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.730801
Latitude
41.861483

FAQs

What type of property is this?
Triplex - Remodeled triplex with expansion potential near Ogden Ave and I-290.
Where is this triplex located?
The property is located at 1431 S Tripp Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Fully remodeled in 2023 with new HVAC, plumbing, and electrical systems.; Unfinished basement offers major expansion potential for a fourth unit or duplexing.; Strong rental income potential with three 3‑bedroom units.
More about this property
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