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Listing provided courtesy of Duarte Realty CompanyMREDas Distributed by MLSGrid- MLS# 12653224MLS Provider

2924 S Princeton AvenueChicago, IL 60616

Multi-Family · 7 Beds
$559,900 Re-activated

2924 S Princeton Avenue Overview

Time on Site:
37 days
Visits:
0

Prime investment opportunity in Chicago's sought-after south-side corridor. This well-maintained 4-unit building at 2924 S Princeton Ave offers strong cash flow with upside, just minutes away from vibrant neighborhoods, transit, and everyday conveniences. The property comprises four spacious units totaling 7 bedrooms, 4 bathrooms, and a detached 2.5 car garage. Brick exterior, solid mechanicals, and a strong tenant demand provides confidence for seasoned investors and first-time buyers alike.

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2924 S Princeton Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1888

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Armour Square
  • Subdivision Name: Armour Square
  • Township: South Chicago

Tax Information

  • Tax Annual Amount: $9,241.77
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 17284250250000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 7
  • Bedrooms Possible: 7
  • Full Baths Building: 4

General Information

  • Basement: Unfinished, Full
  • Heating: Natural Gas
  • Rooms Total: 21

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 24.8x124
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 0
  • Beds Total: 1
  • Baths Total: 1

2924 S Princeton Avenue Neighborhood

Community

60616 (CHICAGO) Demographics

38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2924 S Princeton Avenue Monthly Cost

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$ %
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$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2924 S Princeton Avenue Market Data

Based on the last 30 days in this zip code

$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network

2924 S Princeton Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Re-activated
6/6/2026Source: MRED Status Change
Contingent
5/26/2026Source: MRED Status Change
Active
5/23/2026Source: MRED Added to Database
May 23, 2026