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$525,000 Just Listed
Property Description
Spacious 3 Unit with an UNFINISHED BASEMENT. Major expansion potential!! All Units have identical layout. Near Ogden Ave and the I-290 Welcome to this 3 unit building fully remodeled in 2023 offering flexibility, strong rental income, and room to grow. Each apartment features three bedrooms,L-Room,D-Room, Kitchen & a full bath, Brand new HVAC(2023)New plumbing & electrical (2023),Washer/Dryer per unitStainless steel appliances (2023)refinish hardwood floors & LVP flooring and comfortable layouts that make the spaces feel open and inviting a private back porch and off street parking and 2 spaces on the rear. The unfinished basement offers an opportunity to add value by creating a fourth garden level unit or duplexing the first floor down to increase living space and rental income potential.live in one unit while tenants help cover the mortgage! Located across St. from Franklin Park This is a solid, income producing property with flexibility for both living and investing. Schedule your showing today to explore the possibilities.
Full Property Details
Full Property Details for 1431 S Tripp Ave
General
- Price: $525,000
- Taxes: $1,905 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12745211
- Updated: Today (8/28/2026)
- Added to Site: Today
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 12
Parking
- Total Spaces: 3
- Parking Features: Yes, Owned
Location
- Area: CHI - North Lawndale
- County: Cook
- Township: West Chicago
- Driving Directions: 16th to Tripp-North to property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Flat
- Year Built: 1914
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 125
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1914
- Tax Amount: $1,905
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16222180090000
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Schools
Schools serving 1431 S Tripp Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hughes C Elementary School 4247 West 15th Street, Chicago, IL 60623 | PK-8 | 0.1 mi |
Infinity Math Science & Tech High School 3120 South Kostner Avenue, Chicago, IL 60623 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1431 S Tripp Ave
Date
Details
Price
Change
Source
8/28/2026
Listed
$525,000
226.09%
MLS
5/03/2022
Sold
$161,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1431 S Tripp Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,905
—
$23,000
156%
2023
$1,905
66%
$8,999
—
2022
$1,151
1%
$8,999
—
2021
$1,144
-63%
$8,999
-46%
2020
$3,062
-4%
$16,804
-13%
2019
$3,202
2%
$19,315
—
2018
$3,147
-10%
$19,315
-1%
2017
$3,504
2%
$19,597
—
2016
$3,425
10%
$19,597
—
2015
$3,110
-11%
$19,597
-8%
2014
$3,487
2%
$21,363
—
2013
$3,407
1%
$21,363
—
2012
$3,386
—
$21,363
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1431 S Tripp Ave
1431 S Tripp Avenue, Chicago, IL 60623 (MLS# 12745211) is a Multi-Family property with 3 units containing 12 bedrooms and 0 full bathrooms. 1431 S Tripp Avenue is currently listed for $525,000 and was received on August 28, 2026. Want to learn more about 1431 S Tripp Avenue? Do you have questions about finding other Multi-Family real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.
