Listing provided courtesy of Realty of America, LLCMREDas Distributed by MLSGrid- MLS# 12684273MLS Provider

1505 S Tripp AvenueChicago, IL 60623

Multi-Family · 5 Beds
$525,000 Active

1505 S Tripp Avenue Overview

Time on Site:
8 days
Visits:
0

VERY MOTIVATED SELLER -come see this beautifully rehabbed multi-unit property updated in 2023, offering the perfect blend of luxury, comfort, and functionality. Unit 1 features a spacious 2-bedroom, 1-bath layout with modern finishes and its own new washer/dryer hookup. The stunning duplex-up owner's unit spans the 2nd and 3rd floors with soaring high ceilings, an expansive open layout, 3 spacious bedrooms, 2 full baths, and in-unit laundry creating the feel of a private single-family retreat in the city. Both units feature oversized kitchens with abundant cabinet storage, massive granite islands perfect for entertaining, and sleek stainless steel appliances. Major improvements include a new sewer line, tuckpointing, new fence, and over $20,000 invested into the backyard oasis featuring new cement work, a stamped concrete patio, and a bolted outdoor gazebo canopy-ideal for relaxing or hosting guests. Conveniently located near expressways, shopping, dining, and just minutes from Downtown Chicago, this property offers the rare opportunity to enjoy luxurious city living with the comfort and privacy of home. LOW TAXES: 2138

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1505 S Tripp Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1907

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - North Lawndale
  • Township: West Chicago

Tax Information

  • Tax Annual Amount: $2,138.61
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16222260020000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 5
  • Bedrooms Possible: 5
  • Full Baths Building: 3

General Information

  • Basement: None
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 12

Exterior

Parking Information

  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 25X 125
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1650
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

1505 S Tripp Avenue Neighborhood

Community

60623 (Chicago) Demographics

33
Median Age
14,242
Population Density (per sq. mile)
17%
College Educated
$34,714
Estimated Median Income
9,269
Estimated Total Home Owners
16,477
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1505 S Tripp Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1505 S Tripp Avenue Market Data

Based on the last 30 days in this zip code

$338,047
Average List Price
$199
Average Price per Square Foot
6
Properties Sold
76
Average Days on Market
25
Properties for Sale
Calculations provided by Reliance Network

1505 S Tripp Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/22/2026Source: MRED Added to Database
June 22, 2026
3/12/2024Source: MRED Status Change
Closed