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Remodeled Three-Unit Residential Building

1431 S Tripp Avenue Chicago, IL 60623

1431 S Tripp Avenue, Chicago, IL, 60623
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For Sale
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Three identical units each with three bedrooms and a full bath, plus an unfinished basement for future expansion.

Days on Market104

Property Features for 1431 S Tripp Avenue

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1914
Listing agency Chicagoland Brokers, Inc.
Listed by Clemente Lopez · License #475128961
Source Crexi
Added: Apr 10 Updated: Jul 21 at 3:35PM Checked: Jul 21 at 3:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicagoland Brokers, Inc.


Investment Insights

Based on property information with market context.

This fully remodeled three-unit residential building offers three identical apartment layouts, each featuring three bedrooms, living room and dining room space, a kitchen, and a full bath. The property includes washer and dryer in each unit, with stainless steel appliances, refinished hardwood flooring and LVP flooring. Major systems and infrastructure have been updated with brand-new HVAC installed in 2023, along with new plumbing and electrical in 2023.

The building provides off-street parking with a private back porch and two parking spaces in the rear. An unfinished basement adds additional flexibility, offering the potential to create a fourth garden level unit or duplex the first floor down to increase usable living space.

Located across from Franklin Park and positioned near Ogden Ave and the I-290, the property is designed for rental income while also providing options for an owner-occupant arrangement.

Key Highlights

  • 3‑unit building (1914) with an unfinished basement offering future expansion options
  • Each unit has an identical layout with three bedrooms, a kitchen, and a full bath
  • Fully remodeled in 2023 with brand‑new HVAC (2023), new plumbing and electrical (2023)

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Acupuncture Nursing Home Carpet & Flooring Store (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service

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

FAQs

What type of property is this?
Triplex - Three identical units each with three bedrooms and a full bath, plus an unfinished basement for future expansion.
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: 3‑unit building (1914) with an unfinished basement offering future expansion options; Each unit has an identical layout with three bedrooms, a kitchen, and a full bath; Fully remodeled in 2023 with brand‑new HVAC (2023), new plumbing and electrical (2023)
Contact an agent
(773) 745-1000 Call to check price and availability
More about this property
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