Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
27 Properties Within 0.5 miles of: 7225 S Princeton, Chicago

7225 S Princeton
Chicago, IL 60621

  • 6 Beds
  • 3 Baths
  • 6,200 Sq. Ft.
Price

$275,000

Est Payment
$1,569 / month (details)  
Taxes
$1,337  
Beds
6  
Baths
3  
Rooms
9  
Type
Detached Single  
Sq. Ft.
6,200  
Lot Size
50X124  
Neighborhood
Englewood  
MLS
#12343120
Status
Active (16 days)

Property Description

Investor Special - Massive Value-Add Opportunity at 7225 S Princeton Ave, Chicago, IL 60621 Welcome to an incredible opportunity in the heart of Greater Grand Crossing! This expansive 6-bedroom, 3-bathroom single-family home with a garage offers over 6,000 square feet of living space, presenting endless potential for investors and developers ready to take advantage of Chicago's south side momentum. Located in one of the city's fastest-growing and most revitalized neighborhoods, this solid property is a true blank canvas. Whether you're looking to fix & flip, implement the BRRRR strategy, or hold as a long-term cash-flow rental, this project checks all the boxes. The home's massive footprint and layout make it ideal for converting into 3-4 separate rental units, allowing for increased income and scalability. Greater Grand Crossing continues to experience steady growth, thanks to city-led redevelopment efforts, infrastructure investment, and a rising tenant population. Savvy investors are already targeting the area-and this is your chance to get in while values are climbing and inventory is low. This property is being sold AS-IS by a motivated seller, offering a rare chance to build instant equity. Bring your contractors, designers, and best offer-this is a project with serious upside. Property Highlights: 6 Bedrooms / 3 Bathrooms - Over 6,000 sq ft of living space - Detached garage + multi-unit conversion potential - Located in a rapidly developing neighborhood - High rental demand & strong comps nearby - Perfect for flip, rental portfolio, or full redevelopment This is more than just a house-it's a chance to secure a high-yield investment in a neighborhood on the rise. Opportunities like this at 7225 S Princeton Ave don't come around often. Act fast and turn this into your next success story!

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
12X10
Dining Room
Main
11X12
Kitchen
Main
10X10
Family Room
N/A
Laundry
Basement
5X7
Master Bedroom
Main
12X14
Bedroom 2
Main
10X11
Bedroom 3
Second
11X10
Bedroom 4
Second
10X10
Bedroom 5
Third
10X11
Bedroom 6
Third
10X7

Utilities

  • Heating Radiator(s)
  • Cooling None
  • Water Lake Michigan
  • Sewer Other

Additional Information

Parking
2 Garage Spaces, On Site, Garage Owned, Detached, Garage, Parking included in price
Schools
District 299

Payment Calculator

$
$
$
$
$
%
$
years
%
Principal & Interest
$1,458
Property Tax
$111
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-20-2025 Listed at $299,000
04-28-2025 Price decreased by $24,000 to $275,000
Last Modified 5/4/25 12:05 AM

Nearby Transportation

  • Bus 24 0.1 mi
  • Bus 29 0.3 mi
  • Bus 75 0.3 mi
  • Bus 71 0.3 mi
  • Bus 67 0.4 mi
  • Bus 169 0.4 mi
  • Bus 30 0.5 mi
  • Bus 5 0.5 mi
  • Bus 95 0.5 mi
  • Bus 8 0.6 mi
  • Bus 79 0.8 mi
  • Bus 8A 0.8 mi
  • Bus 3 0.8 mi
  • Bus 44 1.1 mi
  • Bus 63 1.2 mi
  • Red Line 0.5 mi
  • I 94 East 0.3 mi
  • I 94 West 0.4 mi
  • I 90 East 0.9 mi
  • I 90 West 1.2 mi
  • Hwy 57 3.2 mi
  • Hwy 57 3.4 mi
grid
Register to see 1 more properties