Updated Two-Unit
For Sale
Under Contract
$575,000
1500 S TRUMBULL Avenue, Chicago, IL 60623
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market144
Property Features for 1500 S TRUMBULL Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bedroom 6, Bedroom 8, Bedroom 4, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking
2
Parking features
Secured, Alley, Owned
Basement
Walk-Out Access, Partially Finished, Full
Elementary school district
299
Middle school district
299
High school district
299
Directions
16th Street To Trumbull Avenue, To Address
Subdivision
CHI - North Lawndale
Standard status
Active Under Contract
APN
16232240220000
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
1905
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1898
Building materials
Brick, Stone
Architectural style
Other
Listing Agency:
United Real Estate-Chicago
(630) 748-4660
Listed By:
Eric Villalobus
(773) 664-9664
Added: May 16
Changed: Sep 16
Last Checked: Oct 6 at 11:06PM
MLS# 12650569
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.
Investment Insights
Based on property information with market context.
This brick-and-stone duplex contains two leased residential units with a combined 8 bedrooms and 14 rooms. The first-floor residence offers 4 bedrooms and 2 bathrooms, while the second-floor residence includes 4 bedrooms and 1 bathroom. Improvements completed in 2021 include forced-air heating and air conditioning. The property is served by public water and public sewer, with natural-gas service supporting the heating system.
Located in Chicago’s West Side, the building includes secured, owned alley parking. Tenants are responsible for electric and gas, and the property carries MULTI zoning. Built in 1898, the two-flat configuration provides separate residential layouts within a single masonry structure.
Located in Chicago’s West Side, the building includes secured, owned alley parking. Tenants are responsible for electric and gas, and the property carries MULTI zoning. Built in 1898, the two-flat configuration provides separate residential layouts within a single masonry structure.
Key Highlights
- Two leased units with 8 bedrooms and 14 total rooms
- First‑floor unit has 4BD/2BA; second‑floor unit has 4BD/1BA
- Rehabbed in 2021 with forced‑air heating and air conditioning
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
868
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Rehabbed in 2021 with forced-air heating, air conditioning, and secured alley parking.
Where is this duplex located?
The property is located at 1500 S TRUMBULL Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two leased units with 8 bedrooms and 14 total rooms; First‑floor unit has 4BD/2BA; second‑floor unit has 4BD/1BA; Rehabbed in 2021 with forced‑air heating and air conditioning
