5756 South Princeton Avenue, Chicago, IL, 60621

About 5756 South Princeton Avenue

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

Additional Information: This property is located in the CHI - Englewood neighborhood, IL. This 8 bedrooms two to four units property is priced at $290,000.

Listing Map