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12-Unit Apartment Building with Balconies
New
For Sale
$715,000

7257 S Princeton Ave, Chicago, IL 60621

Multifamily property with private balconies and newer porches near CTA Red Line access.

Property Size13,869 SF
Days on Market7

Property Features for 7257 S Princeton Ave

General Information

Standard status Active
Size 13,869 SF
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 6 x 2BR/1BA, 3 x 3BR/1BA, 3 x 3BR/2BA
Multifamily Units 12

Amenities

private balconies
newer porches

Building Details

Building Size 13,869 SF
Year Built 1913
Listed By: Noah Birk · License #IL #475125864
Source: Kisergroup
Added: Sep 16 Changed: Sep 21 Last Checked: Sep 21 at 6:02AM

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 Noah Birk

Investment Insights

Based on property information with market context.

Built in 1913, this 12-unit apartment property includes a mix of six 2Bd/1Ba units, three 3Bd/1Ba units, and three 3Bd/2Ba units. Apartments are described as spacious, with abundant natural light, and include private balconies. The property also features newer porches.

Located at 7257 S Princeton Ave in Chicago’s Englewood neighborhood, the building is near the CTA Red Line, 71st Street, 79th Street, Halsted Street, and the Dan Ryan Expressway (I-90/94). These transportation connections provide access across Chicago’s South Side and to Downtown Chicago.

Key Highlights

  • 12‑unit apartment building constructed in 1913
  • Unit mix includes six 2Bd/1Ba, three 3Bd/1Ba, and three 3Bd/2Ba units
  • Private balconies in the units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Building Supply

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

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

842
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Multifamily property with private balconies and newer porches near CTA Red Line access.
Where is this apartment building located?
The property is located at 7257 S Princeton Ave Chicago, IL.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 12‑unit apartment building constructed in 1913; Unit mix includes six 2Bd/1Ba, three 3Bd/1Ba, and three 3Bd/2Ba units; Private balconies in the units
More about this property
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