5515 S Princeton Avenue Chicago, IL $ 165,000
5515 S Princeton Avenue
$ 165,000
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5515 S Princeton Avenue

Chicago, IL, 60621
$ 165,000
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,016

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Multi-Family Home for sale in Chicago, IL

for $165,000 with 6 bedrooms and 2 full baths. This home was built in 1883 on a lot size of 0.07.

Value-add 2-unit property offering strong upside potential. One unit is currently tenant-occupied, providing immediate income, while the second unit-previously owner-occupied-is vacant and ready for renovation. The owner's unit requires a full kitchen and bathroom update, presenting an excellent opportunity to increase rents and overall property value. Ideal for investors or owner-occupants looking to build equity through improvements. Property is being sold as-is.

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Multi-Family Contingent

Price

$ 165,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,107

Style

Lot Size

0.07

Year Built

1883

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12611564

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing Immediate Tenant's Rights
Roof Asphalt
Construction Materials Vinyl Siding
Year Built 1883
Township Lake
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks Street Lights
County Cook
Net Operating Income 0
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 12
Status Contingent
Directions East or West on Garfield to Princeton Ave. // South the subject property.
City Chicago
High School District 299
MLS Area CHI - Englewood
Tax Annual Amount 1107.38
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Exterior Entry Full Walk-Out Access
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Bathroom Separate Shower
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Lot Features Corner Lot
Water Source Lake Michigan Public
Total Parking 0
Foundation Details Block Concrete Perimeter
Lot Dimensions 25 X 125
Lot Size Acres 0.07
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Premier Chicago Real Estate

Broker

Todd@PremierChicagoRealEstate.com

Email

Affordability Calculator

$1,108
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,016
Monthly Property Taxes
$92
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2026$165,000 Listed Price

Map


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5515 S Princeton Avenue, Chicago, IL, 60621 is a Multi-Family Home for sale at $165,000 with a lot size of 0.07. 5515 S Princeton Avenue has 6 bedrooms, 2.0 baths, and was built in 1883. The property's zip code is 60621 which is in Chicago, IL