5515 S Princeton Avenue, Chicago, IL 60621
Cook County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1883
Lot Size
0.07 acres
Lot Dimensions
25 X 125
Ownership
Fee Simple
Days on Market
50
MLS® Listing#
12611564
Property Features
Cooling
Heating
Basement
Lot Features
Construction
Foundation
Roof
Community
Sewer
Water Source
Financial Details
Annual Taxes
$1,107
Tax year 2024
Parcel Number
20162020020000
Directions
East or West on Garfield to Princeton Ave. // South the subject property.
Affordability Calculator
$32,000
Estimated monthly payment
$852/mo
Principal $127,999 · Est. interest $178,570 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $387,475
- Median Listing Price
- 32
- Median Days on Market
- 1,406
- Median Sq Ft
- $283
- Median Price / Sq Ft
- 4,255
- Active Listings
- This home’s price is 59% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
School of Life
School · 0.2 mi away
Sherwood Elementary School
Elementary · 0.2 mi away
Ace Tech School
School · 0.4 mi away
Kipp Bloom
Elementary · 0.4 mi away
Hope College Prep High School
School · 0.5 mi away
Dewey School of Excellence
Secondary · 0.5 mi away
Parkman Elementary School
Elementary · 0.5 mi away
Beasley Academic Center
Elementary · 0.5 mi away
Carter Elementary School
Elementary · 0.6 mi away
Educare Chicago
School · 0.7 mi away
Visitation Catholic School
Elementary · 0.8 mi away
Chicago Public Schools
School · 0.8 mi away
Ross Elementary School
Elementary · 0.8 mi away
Dusable High School
Secondary · 0.8 mi away
Englewood High School
Secondary · 0.9 mi away
Bronzeville Scholastic High School
Secondary · 0.9 mi away
Daniel Hale Williams Preparatory School of Medicine
Secondary · 0.9 mi away
Burke Elementary School
Elementary · 0.9 mi away
Regeneration Schools
School · 0.9 mi away
Chicago International Charter School
Elementary · 0.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 8106 S Burnham Avenue, Chicago, IL | $119,000 | 5 | 2 | 1,080 |
| 10522 S MARYLAND Avenue, Chicago, IL | $119,900 | 5 | 3 | — |
| 7339 S Kimbark Avenue, Chicago, IL | $119,900 | 6 | 2 | — |
| 7047 S EBERHART Avenue, Chicago, IL | $124,900 | 5 | 3 | 2,400 |
| 7955 S Sangamon Street, Chicago, IL | $124,999 | 6 | 2 | — |
| 7732 S Normal Avenue, Chicago, IL | $125,900 | 5 | 3 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Premier Chicago Real Estate - Todd@PremierChicagoRealEstate.com
Last Updated: 2026-05-01