5515 S Princeton Avenue Chicago, IL 60621

Building Details

Year Built

1883

Listing agency Premier Chicago Real Estate t***@premierchicagorealestate.com Show Phone

Listed by Todd Stephenson · License #471.020776

Source Crexi

Added: Apr 30 Updated: Jul 21 at 9:24PM Checked: Jul 22 at 12:06PM

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Investment Insights

Based on property information with market context.

This value-add two-unit residential income property is being sold as-is. One unit is currently tenant-occupied, providing immediate rental income, while the second unit is vacant and ready for renovation.

The vacant unit needs a full kitchen and bathroom update, creating a clear scope of work for an investor or owner-occupant looking to improve the property and increase overall value.

The offering consists of two separate residential units within a duplex-style structure, with the occupied unit offering continuity and the vacant unit allowing for renovation planning immediately.

Key Highlights

• Two‑unit property built in 1883
• One unit is currently tenant‑occupied, providing immediate rental income
• Second unit is vacant and ready for renovation

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FAQs

What type of property is this?

Duplex - Two-unit property with one tenant-occupied unit and a vacant unit requiring kitchen and bathroom updates.

Where is this duplex located?

The property is located at 5515 S Princeton Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $165,000.

What are key features of this property?

This property features: Two‑unit property built in 1883; One unit is currently tenant‑occupied, providing immediate rental income; Second unit is vacant and ready for renovation