7047 S Princeton Avenue, Chicago, IL 60621 - Photo 1

1/1

$55,000

Sold
Closed
Multi-Family
5 Total Beds
Updated 13 days ago

1/1

Property Description

Situated on a cul-de sac street with limited traffic you will come across this jumbo two unit where a renovation was started but still needs finishing touches however there is tremendous upside here! The building has been gutted and framed out, the layout is there just needs your vision to bring the finishing touches to life and create value while building long term equity! The building is currently laid out with two bedrooms on the first floor and three bedrooms on the second floor, some frame work has been completed in the basement to add a third unit! At this value the project has unlimited upside, the property is close to Red Line, Dan Ryan and much more! Do not judge this book by its cover, get inside today to see all this home has to offer!

Full Property Details

Full Property Details for 7047 S Princeton Ave

General

Sold For: $55,000
Taxes: $738 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12537807
Added to Site: 64 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 5

Parking

Total Spaces: 2

Location

Area: CHI - Greater Grand Crossing
County: Cook
Driving Directions: 71st West of Vincennes to Princeton, North to property

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Construction: Vinyl Siding, Frame
Exterior Const.: Vinyl Siding, Frame
Basement Desc.: Partially Finished, Full
Year Built: 1878
Built Before 1978: Yes

Unit Information

Units in Building: 2

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 25 x 125
Zoning: MULTI

Financial Considerations

Assessment Year: 1878
Tax Amount: $738
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: REO/Lender Owned
Property ID: 20214210060000

Listed by RE/MAX Premier
Sold by SR Realty Group Inc.

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— 7047 S Princeton Ave —

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Schools

Schools serving 7047 S Princeton Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Harvard Elementary School 7525 South Harvard Avenue, Chicago, IL 60620	K-8	0.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7047 S Princeton Ave

Date

Details

Price

Change

Source

2/13/2026

Sold

$55,000

-21.32%

MLS

12/29/2025

Listed

$69,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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$329,900

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Condo / Townhouse
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Updated 1 day ago

3
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4
Total Beds

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4
Beds
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Total Baths
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7047 S Princeton Avenue, Chicago, IL 60621 (MLS# 12537807) is a Multi-Family property that was sold at $55,000 on February 13, 2026. Want to learn more about 7047 S Princeton Avenue? Do you have questions about finding other Multi-Family real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

7047 S Princeton Ave Chicago, IL 60621