5756 South Princeton, Chicago IL 60621
$305,000

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Property Description

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 unit is ready for a new tenant or owner, complete with a brand-new stove and stainless steel appliances. Basement unit features 2 bed, 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 coach house 203k loan or cash only

Features & Information

Key Details

  • List Price $305,000
  • Property Taxes $566.25
  • Price/ Sq. Ft. Unavailable
  • Year Built 1888
  • Parking Type None
  • Status New

Rooms

  • Total Rooms 12
  • Basement F

Exterior Features

  • Parking

  • Parking Details None
  • # of Cars:  0

Building Information

  • Number of Units 2
  • Age of Building 100+ Years
  • Exterior Construction Vinyl Siding,Frame
  • Heating & Cooling Gas, Forced Air
  • Units

  • Unit 1 Stove, Refrigerator, Central Air Conditioner
  • Unit 2 Stove, Refrigerator, Central Air Conditioner

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property 57th St To Wells St - Wells To 58th St - 58th To Princeton Ave
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 566.25
  • Tax Year 2023
  • Tax Exemptions Homeowner
  • Parcel Identification Number 20162090500000

Utilities

  • Sewer Sewer-Publ

Listed by Brittany Strale for Redfin Corporation | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/27/2025 3:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Englewood

Englewood has seen its share of both good fortune and hard luck over the years. Englewood Station was once a stop on the premier New York Central Railroad Line, and had one of the hottest shopping districts in the city. Unfortunately it suffered when many of the once-prominent industries, such as the railroad, left the community. Lately, though, there is a resurgence of interest in Englewood, as developers realize some of the hidden assets of the area, including convenient access to public transportation and expressways, loads of public parkland, and affordable housing. Not to mention free music concerts and outdoor films in the neighborhood's parks during the warm weather months.

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