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.
Greater Grand Crossing, located between Washington Park and Chatham, is a residential and historic Chicago neighborhood with a rail-lined street grid and classic brick two-flats. The neighborhood’s character concentrates around 75th Street and South Chicago Avenue, where corner groceries, barbershops, carryouts, and storefront churches set a steady, lived-in rhythm. Architectural details lean toward early-20th-century masonry flats, greystones, and bungalow blocks with deep front yards. The former Park Manor station site and the Metra Electric tracks mark the area’s industrial-era geography. Theaster Gates’ Stony Island Arts Bank and the South Shore Cultural Center sit nearby as cultural anchors tied closely to local life.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Total of 12 residential units in the building
Some units have radiators for heat
Bedrooms
Unit type: 2-bedroom units (5 rooms)
Unit type: 3-bedroom units (6 rooms)
Bathrooms
Unit type: 1 full bathroom (for both 2-bedroom and 3-bedroom unit types)
Heating & cooling
Radiator heating
Exterior features
Lot dimensions approximately 60' x 125'
Home design
Multi-family property (5+ units)
Construction
Built before 1978
Financial info
Total monthly income reported: $13,769
Gross annual income reported: $165,228
Gross rent multiplier: 5.2
Estimated monthly rents by unit type: 2-bed units $975–$1,300; 3-bed units $900–$1,350
12 total units
Other
Annual taxes reported for 2025: $19,046
Typical annual expenses listed: water & sewer $11,229; electric $1,485; trash $4,710; insurance $15,987
Electricity and solar
View estimated energy costs and solar savings for this home
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60621
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Redfin Estimate
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