$495,000

1507 S Tripp Ave Chicago, IL 60623

$5,878
Closing credit¹
7 beds
3 baths
House

Property details

About 1507 S Tripp Ave

Don't settle for poor quality rehabs. Details matter! Meticulously designed 3 Story Red Brick Multi- Unit property. *ADA Accessible*. Everything is new inside of this beauty with attention to every detail which shows when dealing with an experienced and licensed Developer. Plans, Permits & all city inspections PASSED! The property underwent masonry work, tuck-pointing, all new energy efficient casement black windows, new roof, new 3rd fl extension, new black gutters, soffits, aluminum capping, fire rated doors, new iron staircase, new concrete walkways, new 2-car garage. On the inside you will find a new and modern open floor-plan with 10ft-ceilings on each level. With modern wooden slate accent walls, new hardwood flooring, open cable wired staircase for modern aesthetic, directional canned lighting, all new LED light fixtures and the state of the art finishes throughout. The newly designed chefs kitchen has upgraded quartz counter top surfaces, shaker style and soft close cabinets, led pendant lighting, upgraded stainless steel appliances, washer and dryer set up in unit. The bathrooms are meticulously designed with custom shower stall, floor to ceiling large format tile, upgraded vanities and vessel sink. beautifully tiled flooring and tub surround. There is all new plumbing fixtures, linen storage spaces, everything is pattern matched, and complimentary of the units design. There is all new energy efficient HVAC systems, water tanks, circuit breaker panels per unit. All new upgraded electrical service, plumbing, interior electrical lines and wiring. This property hands down will exceed your fussiest buyer expectations.

Highlights

Home typeResidential
HeatingNatural Gas
StatusAccepting Backup Offers
(Contingent)
Year built1908
ParkingOn Site, Detached, Garage
MLS #12300631
Garage2 spaces

Summary

  • Basement: No
  • Total Bedroom Count: 7
  • Garage Space: 2 spaces
  • Parking: On Site, Detached, Garage
  • Heating: Natural Gas
  • List Price: $495,000
  • Annual Tax Amount: $1,650
  • Tax Year: 2022
  • Directions: 16th St. to Tripp, North to property
  • Year Built: 1908
  • MLS Number: 12300631
  • MLS Name: MRED
  • Office Name: Hometown Real Estate Group LLC
  • Office Phone: (773) 625-1121
  • Office Email: nikkimayer@ehomeschicago.com
  • Listing Agent: Lawanda Gooden

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view of front of property featuring brick siding and a fenced front yard

$495,000

1507 S Tripp Ave

$5,878

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 09, 2024
Home Sold
$51,000
May 05, 2023
Home Sold
$125,000
Feb 10, 2011
Home Sold
$14,000
Jul 26, 2005
Home Sold
$215,000
May 06, 2002
Home Sold
$155,000
Jun 05, 2000
Home Sold
$125,000
Nov 02, 1999
Home Sold
$17,000

Tax history

YearAssessmentProperty Tax
2022$7,999$1,650
2021$7,999$1,613
2020$9,955$2,225
2019$11,443$2,306
2018$11,443$2,267
2017$15,656$3,381

History based on county public records data.

Nearby schools

5

Liberty Elementary School

Public District PK-3

1.0 mi

4946 W 13th St

5

Theodore Roosevelt Elementary School

Public District 4-6

1.0 mi

1500 S 50th Ave

6

Cardenas Elementary School

Public District PK-3

1.1 mi

2345 S Millard Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,941. The majority of Chicago, IL residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

58%
<35k
41%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

47%
Single, No Kids
32%
Single, with Kids
10%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
13%
12-17 yrs old
22%
18-34 yrs old
35%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1507 S Tripp Ave

The listing price of 1507 S Tripp Ave property is $495,000.

The property 1507 S Tripp Ave is a house located in Chicago, Illinois, 60623.

Accepting Backup Offers: 1507 S Tripp Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 1507 S Tripp Ave are: Liberty Elementary School (GreatSchools Rating 5/10), Theodore Roosevelt Elementary School (GreatSchools Rating 5/10), Cardenas Elementary School (GreatSchools Rating 6/10), C. Hughes Elementary School (GreatSchools Rating 1/10), Mason Elementary School (GreatSchools Rating 4/10), Penn Elementary School (GreatSchools Rating 4/10), Yccs-Cca Academy High School (GreatSchools Rating 1/10), North Lawndale Preparatory Charter - Christiana (GreatSchools Rating 2/10), Noble St Charter-Drw Trading College Preparatory (GreatSchools Rating 2/10).

According to the records, the last property tax for 2022 is $1,650 (source: MLS/based on county public records data).

The last sale was on January 9, 2024 for $51,000 (source: MLS/tax record).

The property at 1507 S Tripp Ave has 7 bedrooms and 3 bathrooms.

The year of construction for 1507 S Tripp Ave is 1908.

This home is located at 1507 S Tripp Ave in Chicago, IL and zip code 60623 in the West Side neighborhood. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $495,000.

In April 2025 more than 901 listings in Chicago, IL were sold above the asking price. During the same period more than 351 listings were sold at asking price, while more than 879 were sold below. The inventory of homes for sale in Chicago, IL between March and April 2025 increased by 19.8%. While the average time on the market in April 2025 was 31 days, the median list price was $374,309.

From Rocket Homes Real Estate and based on county public records data.

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