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Updated Duplex With Basement
New
For Sale
$350,000

4448 S PRINCETON Avenue, Chicago, IL 60609

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market4

Property Features for 4448 S PRINCETON Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 6, Bedroom 2, Bedroom 7
Basement Unfinished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions 43ST TO PRINCETON (300W) THEN SOUTH TO PROPERTY
Subdivision CHI - Fuller Park
Standard status Active
APN 20044150250000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3630

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas

Building Details

Year built 1890
Building materials Vinyl Siding, Brick
Roof type Asphalt
Listing Agency: Baird & Warner
Listed By: Josh Reighard · License #475204886
Added: Aug 17 Changed: Aug 19 Last Checked: Aug 20 at 7:06PM
MLS# 12693034

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-flat at 4448 S PRINCETON Avenue contains two four-bedroom, one-bath units in a brick-and-vinyl building constructed in 1890. The first unit has updated kitchen finishes, vinyl flooring, fresh paint, ceiling fans, a dishwasher, new HVAC, a new water heater, and in-unit laundry equipment. Separate utility service for each residence allows gas and electric costs to be assigned by unit. An unfinished full basement provides additional space for storage or future planning, subject to applicable requirements.

The property is zoned MULTI and served by public sewer. Forced-air heating and natural gas service are present, with an asphalt roof. Its South Side setting provides access to I-90/94, CTA service, parks, and downtown Chicago. The two-unit configuration and improvements to the first residence support both owner-occupancy and rental use, subject to local regulations.

Key Highlights

  • Two four‑bedroom, one‑bath residential units
  • First unit updated with kitchen improvements, flooring, paint, HVAC, water heater, and laundry equipment
  • Separate utilities for each unit, including gas and electric

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate utilities, with one featuring refreshed finishes and upgraded mechanical systems.
Where is this duplex located?
The property is located at 4448 S PRINCETON Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two four‑bedroom, one‑bath residential units; First unit updated with kitchen improvements, flooring, paint, HVAC, water heater, and laundry equipment; Separate utilities for each unit, including gas and electric
More about this property
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