$305,000

5756 S Princeton Avenue, Chicago, IL 60621

  • 8 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1888
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Discover an incredible opportunity for investors and owner-occupants in this versatile multi-unit property. Featuring two spacious units plus a nonconforming basement AND a coach house unlocks a ton of income potential. Units 1 and 2 offer 3 bedrooms and 1 bathroom, ideal for owner-occupants, investors, or those exploring short-term rental opportunities. Both units feature generous layouts with abundant natural light and separate utilities. A large unfinished attic offers additional storage or the potential to expand..perfect for a duplex-up conversion, studio space, or guest suite. The recently updated second-floor unit is ready for a new tenant or owner, complete with a brand-new stove and stainless steel appliances. Basement unit features 2 bed, 1 bath with additional den space for added storage. A fire-damaged 2-bedroom coach house presents a fantastic project for a savvy buyer. A full gut rehab will transform this unit into a major income generator, adding tremendous value to the property. HVAC newer, Roof repairs done in 2025, new hot water tank. While there is no garage, there is ample street parking on the block. Property is being sold AS IS. Due to the condition of coach house 203k loan or cash only

Listing Status:
Active
Listing Office:
Redfin Corporation : 708-606-7740
Listing Agent:
Brittany Strale : 708-606-7740
MLS ID:
12447760
  • Basement: Partially FinishedFull
  • Heating: Natural GasForced Air

This listing courtesy of Brittany Strale, Redfin Corporation

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sherwood Elementary School

245 W 57th St, Chicago, IL, 60621

Grades PK-8

0.11 miles away

S

Sherwood Elementary School

245 W 57th St, Chicago, IL, 60621

Grades PK-8

0.11 miles away

H

Hope College Preparatory High School

5515 S Lowe Ave, Chicago, IL, 60621

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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