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Multifamily Property with Fire Damage
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7141 S Princeton Street, Chicago, IL 60621

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market4

Property Features for 7141 S Princeton Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 12
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bathroom 5, Basement, Bathroom 4, Bathroom 3, Bedroom 9, Bathroom 2, Bedroom 7, Bedroom 10, Bedroom 5, Bedroom 2, Bedroom 11, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bedroom 12, Bedroom 1
Parking 2
Window features Screens
Patio and Porch features Porch
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Take i-94 to 71st Street, West to Princeton, South to address
Subdivision CHI - Greater Grand Crossing
Standard status Active
APN 20282020110000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 5500

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1885
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: Parkvue Realty Corporation
Listed By: Anthony Disano · License #471010606
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 29 at 6:06AM
MLS# 12743722

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This multifamily property at 7141 S Princeton Street includes twelve bedrooms, six bathrooms, a basement, and a porch. Built in 1885, the frame building has vinyl siding, an asphalt roof, natural-gas heating, public water, and public sewer service. The property has sustained extensive fire damage and is offered in its current as-is condition.

Located in Chicago’s Grand Crossing area, the property is subject to existing violations and building cases. No survey is included. The interior room count provides a substantial existing configuration for review by purchasers evaluating the required repairs and compliance matters.

Key Highlights

  • Twelve bedrooms and six bathrooms
  • Extensive fire damage; offered as‑is
  • Existing violations and building cases

Property Analytics

Current Use

Multifamily properties

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Twelve-bedroom, six-bathroom building with a basement, porch, natural-gas heating, and public utilities.
Where is this multifamily property located?
The property is located at 7141 S Princeton Street Chicago, IL.
What are key features of this property?
This property features: Twelve bedrooms and six bathrooms; Extensive fire damage; offered as‑is; Existing violations and building cases
More about this property
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