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    5756 S Princeton Ave Chicago, IL 60621

    For Sale
    $275,000

    Residential Income - Chicago, IL

    Lot size:
    0.06 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 5756 S Princeton Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    20162090500000
    Exterior features
    Balcony
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1888
    Architectural style
    Other

    Redfin Corporation (773) 308-4896 [email protected]

    Listing agent Brittany Strale (312) 836-4263 License #475178711

    Listing date Nov 19, 2025

    MLS# 12503646 Listing URL

    Copyright © 2025 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.

    Overview

    Multi-Unit Property with Income Potential

    This multi-unit property presents an opportunity for investors and owner-occupants. It features two units, each with 3 bedrooms and 1 bathroom, plus a nonconforming basement and a coach house. The units are suitable for owner-occupants, investors, or short-term rentals, featuring generous layouts, abundant natural light, and separate utilities. An unfinished attic offers additional storage or potential for expansion, such as a duplex-up conversion, studio space, or guest suite. The second-floor unit has been recently updated and includes a new stove and stainless steel appliances. The basement unit features 2 bedrooms, 1 bathroom, and a den space for added storage. A fire-damaged 2-bedroom coach house requires a full gut rehab, presenting a project for a buyer to transform it into an income generator. HVAC is newer, roof repairs were completed in 2025, and a new hot water tank has been installed. Ample street parking is available. The property is being sold AS IS. Due to the condition of the coach house, a 203k loan or cash is required.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6332012
    Latitude
    41.7892488

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    FAQs

    What type of property is this?
    Apartment building - Versatile Chicago multi-unit property with income potential and coach house.
    Where is this apartment building located?
    The property is located at 5756 S Princeton Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Multi-unit property with two 3-bedroom units, a nonconforming basement unit, and a coach house, offering significant income potential.; - Recently updated second-floor unit with a **brand-new stove and stainless steel appliances**.; - Large, unfinished attic space provides potential for expansion.
    (312) 836-4263
    Request Owner's contact information
    5756 S Princeton Ave Chicago, IL 60621
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    Chicago, IL 60621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5756 S Princeton Ave Chicago, IL 60621
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