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Two-Unit Residential Income Building
For Sale
$289,800
Pending

5237 South Princeton Avenue, Chicago, IL 60609

Well-maintained two-unit building with a duplex-down second unit, featuring additional kitchen space and an unfinished attic.

Property SizeContact for details
Days on Market92

Property Features for 5237 South Princeton Avenue

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Two to Four Units / 2 Flat
Zoning MULTI

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,016
Listing Agency: ExaRealty LLC
Listed By: Eva Diaz · License #471021069
Source: Compass
Added: Jun 6 Changed: Aug 8 Last Checked: Jul 24 at 12:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ExaRealty LLC

Investment Insights

Based on property information with market context.

This well-maintained two-unit residential income building offers flexible living and rental opportunities. The first unit includes 2 bedrooms and 1 bathroom. The second unit is a spacious duplex-down layout with 3 bedrooms and 2 bathrooms, along with a second kitchen, which can support a variety of household arrangements. An unfinished attic adds additional expansion possibilities, with buyer to verify all future uses and configurations.

The property is described as being conveniently located near parks, schools, public transportation, grocery stores, shopping, restaurants, and everyday amenities, with easy access to neighboring communities and major thoroughfares.

Overall, the building’s two distinct unit layouts—paired with the duplex-down configuration and second kitchen in the larger unit—create a practical setup for income generation and adaptable occupancy. The unfinished attic further broadens customization options, subject to buyer due diligence.

Key Highlights

  • Well‑maintained 2‑unit building
  • 1st unit: 2 bedrooms and 1 bathroom
  • Duplex‑down 2nd unit: 3 bedrooms, 2 bathrooms, and a second kitchen

Property Analytics

Current Use

Win Realty Real Estate Agency

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Dental Office Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

555
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
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-unit building with a duplex-down second unit, featuring additional kitchen space and an unfinished attic.
Where is this duplex located?
The property is located at 5237 South Princeton Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $289,800.
What are key features of this property?
This property features: Well‑maintained 2‑unit building; 1st unit: 2 bedrooms and 1 bathroom; Duplex‑down 2nd unit: 3 bedrooms, 2 bathrooms, and a second kitchen
More about this property
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