Estimated payment $5,938/month
About This Home
A charming twelve-unit walk-up building situated in the Grand Crossing neighborhood on Chicago's South Side. 7257 S. Princeton offers an exceptional unit mix, comprising of two and three-bedroom apartments. With six (6) 2b/1ba units and six (6) 3b/1ba units. The building provides spacious living spaces that have been meticulously maintained by Taty Management, LLC The beautiful hardwood flooring is throughout each unit with gorgeous balconies, that provide residents with a private outdoor area. Noteworthy recent improvements have been made to the property, including a newer boiler, updated hot water storage tanks, modernized copper plumbing, upgraded windows, and newly constructed porches that meet code requirements. These enhancements ensure that 7257 S. Princeton stands as a stable and robust investment, generating consistent cash flow. 7257 S. Princeton represents a rare chance to acquire a well-established income-generating asset and a solid investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,046
Year Built
- Built in 1921
Additional Features
- 3-Story Property
- Lot Dimensions are 60' x 125'
- Radiator
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,485
- Fuel Expense $12,267
- Insurance Expense $15,987
- Maintenance Expense $4,829
- Manager Expense $6,465
- Other Expense $450
- Trash Expense $4,710
- Water Sewer Expense $11,229
- Operating Expense $79,468
- Gross Income $165,228
- Net Operating Income $84,560
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,343 | $94,800 | $6,051 | $88,749 |
| 2024 | $12,343 | $94,800 | $6,051 | $88,749 |
| 2023 | $12,032 | $58,501 | $4,728 | $53,773 |
| 2022 | $12,032 | $58,501 | $4,728 | $53,773 |
| 2021 | $11,764 | $58,499 | $4,727 | $53,772 |
| 2020 | $12,475 | $55,998 | $4,727 | $51,271 |
| 2019 | $11,251 | $55,998 | $4,727 | $51,271 |
| 2018 | $11,062 | $55,998 | $4,727 | $51,271 |
| 2017 | $11,559 | $53,696 | $4,349 | $49,347 |
| 2016 | $10,755 | $53,696 | $4,349 | $49,347 |
| 2015 | $8,177 | $44,623 | $4,349 | $40,274 |
| 2014 | $9,271 | $49,967 | $4,349 | $45,618 |
| 2013 | $9,088 | $49,967 | $4,349 | $45,618 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2026 07/22/26 | Price Changed | $790,000 | -5.8% | -- |
| 07/08/2026 07/08/26 | Price Changed | $839,000 | -2.4% | -- |
| 05/28/2026 05/28/26 | For Sale | $860,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $801,000 | None Listed On Document | |
| Warranty Deed | $585,000 | Chicago Title | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Administrators Deed | $175,000 | 1St American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $540,000 | New Conventional | |
| Previous Owner | $468,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $85,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12448035
APN: 20282100160000
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