1431 S Tripp Ave, Chicago, IL, 60623
About This Home
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.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1914
Materials
- Foundation: Concrete Perimeter
- Roof: Flat
- Construction materials: Brick
Notable Dates
- Major remodel year: 2023
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished,Full
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heating features: Natural Gas,Forced Air
Property
Details
- Parcel number: 16222180090000
- Zoning: MULTI
- Special condition: None
Lot
- Lot size: 3,750 sqft
- Lot size dimensions: 30 X 125
Parking
- Total spaces: 3
- Parking features: Yes,Owned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Inland Flooding
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,776 | $33,312 |
| Home Insurance * | $482 | $5,784 |
| Property Taxes | $791 | $9,492 |
| Electricity | $130 | $1,569 |
| Total | $4,179 | $50,148 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-10 | Listed for sale | $549,000 |
| 2022-08-30 | Listing removed | -- |
| 2022-08-22 | Price change | $210,000 |
| 2022-08-09 | Listed for sale | $229,900 |
| 2022-06-08 | Sold | $160,650 |
| 2022-06-08 | Pending sale | $169,900 |
| 2022-06-08 | Listing removed | -- |
| 2022-06-01 | Pending sale | $169,900 |
| 2020-03-10 | Listing removed | -- |
| 2019-12-31 | Listed for sale | -- |
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