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Investor opportunity in the heart of Roseland! This spacious 2-story property offers over 2,700 square feet of living space across three levels and is packed with income-producing potential. Featuring 5 bedrooms, 3 full bathrooms, and a kitchen on each level, the flexible floor plan is well suited for a variety of investment strategies, including multigenerational living, shared housing, or a value-add renovation. The main level offers spacious formal living and dining rooms with gleaming hardwood floors, generously sized bedrooms, and a functional layout. The expansive basement provides additional living and entertaining space, further increasing the property's versatility. Outside, the large backyard with a concrete patio and newer 2-car detached garage adds to the home's appeal. With only cosmetic updates needed, this property presents an excellent opportunity to add value and maximize returns. Whether you're looking to renovate and resell, expand your rental portfolio, or create a high-demand living arrangement, the possibilities are endless. Property is being sold as-is. FHA 203(k) financing welcomed. Don't miss this exceptional value-add opportunity in an established neighborhood with strong upside potential.
| Address |
10224 S Princeton Avenue
Chicago, IL 60628 |
| Listing Status | RE_ACTIVATED |
| Asking Price | $200,000 |
| On Market Date | $250,000 @ Jun 15, 2026 |
| Original Entry | Jun 15, 2026 |
| Square Footage | 2515 sf |
| Flooring | Hardwood |
| Bedrooms | 5 |
| Full Bathrooms | 3 |
| Directions | 103rd street to Princeton to property |
| Neighborhood | ROSELAND |
| School District | Not Listed |
| Property Type | Fee Simple |
| Assessment | $0 |
| Timeline | Notes |
|---|---|
| Sep 15, 2026 | Back on market #MRD12679099 |
| Sep 14, 2026 | Status changed to Active Under Contract #MRD12679099 |
| Aug 13, 2026 | Price reduced to $200,000 #MRD12679099 |
| Jul 2, 2026 | Price reduced to $230,000 #MRD12679099 |
| Jun 19, 2026 | Listed for $250,000 #MRD12679099 |
| County | Cook |
| Tax PIN | 25094240390000 |
| Property Tax | $3,595 for the year 2024 |
| Lake Michigan Distance | 5.1 miles |
| Style | Detached Single |
| Material | Not Listed |
| Lot Size | 37 X 125 |
| Fencing | Not Listed |
| Topography | Not Listed |
| Roof | Asphalt |
| Swimming Pool | Not Listed |
| Patio | Patio |
| Parking |
Yes
Garage Owned
Detached
Garage
Total Spaces: 2
Garage Spaces: 2
Non-Garage Spaces:
0 -
|
| View | Not Listed |
| Year Built | 1927 |
| Laundry Location | |
| Elevator | Not Listed |
| Cooling | None |
| Heating | Natural Gas, Forced Air |
| Sewer/Septic | Public Sewer |
| Fireplaces | Not Listed |
| Interior Features | 1st Floor Bedroom, 1st Floor Full Bath |
| Additional Parcels | No |
| Appliances | No |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Association Fee Frequency | Not Applicable |
| Attached Garage | No |
| Basement | Finished, Full |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Cooling | No |
| Foundation Details | Concrete Perimeter |
| Heating | No |
| High School District | 299 |
| Land Lease | No |
| Laundry | No |
| Living Area Source | Assessor |
| Lot Features | Corner Lot |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | No |
| Patio | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | No |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
| Platform | MRED |
| AOR | |
| MLS Number | MRD12679099 |
| Courtesy of | Keller Williams Preferred Rlty |
https://www.chicagotopcondos.com/MRD12679099