7225 South Princeton, Chicago IL 60621
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!
Features & Information
Key Details
- List Price $299,000
- Property Taxes $1,336.93
- Square Feet 6200
- Price/ Sq. Ft. $48.23
- Year Built U
- Parking Type Garage
- Status New
Rooms
- Total Rooms 9
- Basement F
-
Master Bedroom
- Master Bath F
- Room Size 12X14
-
Bedroom 2
- Room Size 10X11
- Floor Level Main Level
-
Bedroom 3
- Room Size 11X10
- Floor Level 2nd Level
-
Bedroom 4
- Room Size 10X10
- Floor Level 2nd Level
-
Living Room
- Room Size 12X10
- Floor Level Main Level
-
Dining Room
- Room Size 11X12
- Floor Level Main Level
-
Kitchen
- Room Size 10X10
- Floor Level Main Level
-
Basement
- Basement Description Unfinished
- Bathroom(s) in Basement Y
Additional Rooms
-
Additional Room 1
- Additional Room 1 Name 5th Bdrm
- Additional Room Size 10X11
- Additional Room Level 3rd Level
-
Additional Room 2
- Additional Room 2 Name 6th Bdrm
- Additional Room Size 10X7
- Additional Room Level 3rd Level
Interior Features
-
Heating & Cooling
- Heating Type Radiators
- Air Conditioning None
Exterior Features
-
Building Information
- Age of Building Unknown
- Exterior Construction Frame
-
Parking
- Parking Garage
- # of Cars 2
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property 71st To Princeton South To Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1336.93
- Tax Year 2022
- Parcel Identification Number 20282100080000
-
Lot Information
- Dimensions 50X124
- Acreage 0.1423
Utilities
- Sewer Other
Listed by Artur Barkan for KOMAR | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/24/2025 12:02 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.

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