5756 S Princeton Avenue, Chicago, IL 60621

• 8 beds |
• 3 baths

Property Description

Attention Investors! Discover an incredible opportunity for investors and owner-occupants in this versatile multi-unit property. Featuring two spacious units plus a nonconforming basement AND a coach house unlocks a ton of income potential. Units 1 and 2 offer 3 bedrooms and 1 bathroom, ideal for owner-occupants, investors, or those exploring short-term rental opportunities. Both units feature generous layouts with abundant natural light and separate utilities. A large unfinished attic offers additional storage or the potential to expand..perfect for a duplex-up conversion, studio space, or guest suite. The recently updated second-floor is tenant-occupied and complete with a new stove and stainless steel appliances. First floor vacant unit was just re painted, new tile in bathroom and new hot water heater. Basement unit features 2 beds, 1 bath with additional den space for added storage. A fire-damaged 2-bedroom coach house presents a fantastic project for a savvy buyer. A full gut rehab will transform this unit into a major income generator, adding tremendous value to the property. HVAC newer, Roof repairs done in 2025, new hot water tank. While there is no garage, there is ample street parking on the block. Property is being sold AS IS. Due to the condition of the coach house 203k Renovation loan or cash only

Listing Status:

Active

Data Last Updated:

April 3, 2026 at 2:20AM

Listing Office:

Redfin Corporation : 708-606-7740

Listing Agent:

Brittany Strale : 708-606-7740

MLS ID:

12590750

Interior

• Basement: Partially FinishedFull
• Heating: Natural GasForced Air

Exterior

• General: Balcony
• Other Structures: Guest House
• Parking: Parking spaces: 0

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI20162090500000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple