5756 S Princeton Avenue
Chicago, IL, 60621
$250,000
8 Beds
3 Baths
0 SqFt
0.06 Acres
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MLS #MRD12654851 image #0
CASH OR RENOVATION LOAN ONLY. PLEASE READ AGENT REMARKS. Attention Investors! 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 is tenant-occupied and complete with a new stove and stainless steel appliances. First floor vacant unit was just re painted, new tile in bathroom and new hot water heater. Basement unit features 2 beds, 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 the coach house 203k Renovation loan or cash only

Property Details

Price:
$250,000
MLS #:
MRD12654851
Status:
Active Under Contract
Beds:
8
Baths:
3
Type:
Multi Family
Neighborhood:
chienglewood
Listed Date:
May 21, 2026
Year Built:
1888
Chi – EnglewoodChienglewood

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Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Vinyl Siding, Frame
Exterior Features
Balcony
Other Structures
Guest House
Patio And Porch Features
Deck

Financial

Tax Year
2024
Taxes
$2,884

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Jun 21, 2026
1,405
Multi Family Listed
80
Avg DOM
$530,805
Avg List Price

Property Summary

    5756 S Princeton Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60621. It is listed for $250,000

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