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    7345 S Princeton Ave Chicago, IL 60621

    Pending
    For Sale
    $119,900

    Residential Income - Chicago, IL

    Lot size:
    0.07 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 7345 S Princeton Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    20282180120000
    Parking
    3
    Lot size
    0.07 Acres

    Building Details

    Year built
    1900
    Architectural style
    Other

    Choice Realty Group (847) 912-1592 [email protected]

    Listing agent David Williamson (773) 782-6679 License #471010481

    Listing date Nov 7, 2025

    MLS# 12454818 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

    Chicago Three-Flat Rehab Opportunity

    This is a brick three-flat building located in Chicago, Illinois. The property features three two-bedroom units and a full unfinished basement. The building requires a full rehabilitation to restore it to its best use. There is parking available for three cars. The lot size is 0.07 acres. The zoning is classified as MULTI. The property is sold as is, and no survey is provided. The building is located in an area with ongoing development.
    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
    -87.6317556
    Latitude
    41.7604771

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    FAQs

    What type of property is this?
    Apartment building - Three-unit building in Chicago requiring complete rehabilitation.
    Where is this apartment building located?
    The property is located at 7345 S Princeton Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Three 2-bedroom units offer immediate rental income potential after renovation.; - Located in an area with significant development, suggesting future appreciation.; - Brick construction provides durability and classic appeal.
    (773) 782-6679
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    7345 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
    7345 S Princeton Ave Chicago, IL 60621
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