As-Is Two-Unit Residential
For Sale
$159,999
5515 S Princeton Ave, Chicago, IL 60621
Two-unit property with one tenant-occupied unit and a vacant unit requiring kitchen and bathroom updates.
Property SizeContact for details
Days on Market130
Property Features for 5515 S Princeton Ave
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
50%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,107
Building Details
Tenancy
Multi
Listing Agency:
Premier Chicago Real Estate
(312) 722-6572
Listed By:
Todd Stephenson · License #471020776
(312) 765-7569
Source:
Exprealty
Added: May 2
Changed: Aug 31
Last Checked: Sep 7 at 12:05PM
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 Premier Chicago Real Estate
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.
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
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Explore this area
Business Placement
Demographics for 60621, IL
29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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 Ave Chicago, IL.
What is the asking price?
The asking price for this property is $159,999.
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
