Value-add 2-unit property offering strong upside potential. One unit is currently tenant-occupied, providing immediate income, while the second unit-previously owner-occupied-is vacant and ready for renovation. The owner's unit requires a full kitchen and bathroom update, presenting an excellent opportunity to increase rents and overall property value. Ideal for investors or owner-occupants looking to build equity through improvements. Property is being sold as-is.
Contingent
Price cut: $5K (6/10)
$159,999
5515 S Princeton Ave, Chicago, IL 60621
6beds
--sqft
Multi Family
Built in 1883
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 64 days |
- 216 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Todd Stephenson Todd@PremierChicagoRealEstate.com,
Premier Chicago Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 12611564
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: Separate Shower
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Exterior Entry,Full,Walk-Out Access
Property
Lot
- Size: 3,049 Square Feet
- Dimensions: 25 X 125
- Features: Corner Lot
Details
- Parcel number: 20162020020000
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block, Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1883
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Sidewalks, Street Lights
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $87,860
- Annual tax amount: $1,107
- Date on market: 5/2/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2026 | Contingent | $159,999 |
Source:  MRED as distributed by MLS GRID #12611564 Report a problem | ||
| 6/10/2026 | Price change | $159,999-3% |
Source: MRED as distributed by MLS GRID #12611564 Report a problem | ||
| 5/22/2026 | Listed for sale | $165,000 |
Source: MRED as distributed by MLS GRID #12611564 Report a problem | ||
| 5/12/2026 | Contingent | $165,000 |
Source: MRED as distributed by MLS GRID #12611564 Report a problem | ||
| 5/2/2026 | Listed for sale | $165,000+31% |
Source: MRED as distributed by MLS GRID #12611564 Report a problem | ||
| 5/7/2020 | Sold | $126,000-3% |
Source: MRED as distributed by MLS GRID #10609572 Report a problem | ||
| 4/18/2020 | Pending sale | $129,900 |
Source: Mutual Realty LLC #10609572 Report a problem | ||
| 4/17/2020 | Listed for sale | $129,900+409.4% |
Source: Mutual Realty LLC #10609572 Report a problem | ||
| 5/6/2019 | Sold | $25,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $8,786 +3.4% |
| 2023 | $1,097 +4.7% | $8,499 |
| 2022 | $1,048 +0.5% | $8,499 |
| 2021 | $1,042 -50.1% | $8,499 -9.4% |
| 2020 | $2,090 -3.5% | $9,383 -13% |
| 2019 | $2,167 +1.7% | $10,785 |
| 2018 | $2,130 -19% | $10,785 -11.7% |
| 2017 | $2,629 | $12,212 |
| 2016 | -- | $12,212 |
| 2015 | -- | $12,212 +11.1% |
| 2014 | -- | $10,992 |
| 2013 | -- | $10,992 |
| 2012 | -- | $10,992 -16.8% |
| 2011 | $96 +10.6% | $13,208 |
| 2010 | $87 +6.6% | $13,208 |
| 2009 | $82 -25.1% | $13,208 -24.6% |
| 2008 | $109 -33.1% | $17,511 |
| 2007 | $163 -5.8% | $17,511 |
| 2006 | $173 -23.1% | $17,511 +113.6% |
| 2005 | $225 -80.2% | $8,197 |
| 2004 | $1,138 +179.6% | $8,197 |
| 2003 | $407 -5.4% | $8,197 +94.4% |
| 2002 | $430 +13.3% | $4,216 |
| 2001 | $380 +32.6% | $4,216 |
| 2000 | $286 | $4,216 +42.6% |
| 1999 | -- | $2,957 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Englewood
Nearby schools
GreatSchools rating
- 4/10Sherwood Elementary SchoolGrades: PK-8Distance: 0.2 mi
- 3/10Urban Prep Charter Englewood High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Cook County
- Chicago
- 60621
- Englewood
- 5515 S Princeton Ave
Nearby cities
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