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$299,000
Est. payment /mo
6 Beds
3 Baths
6,200 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 6,200 sqft
Price per Sqft $48
MLS Listing ID 12343120
Bedrooms 6
Full Baths 3
Annual Tax Amount $1,336
Tax Year 2022
Lot Size 6,198 Sqft
Lot Dimensions 50X124
Property Sub-Type Detached Single
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!
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Rooms
Basement Unfinished, Full
Interior
Heating Radiator(s)
Cooling None
Fireplace N
Exterior
Garage Spaces 2.0
Building
Dwelling Type Detached Single
Building Description Frame, No
Sewer Other
Water Lake Michigan
Structure Type Frame
New Construction false
Schools
School District 299 , 299, 299
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Artur Barkan • KOMAR
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