Under Contract

7842-7844 S Union Avenue

Chicago, IL 60620
Mark as Favorite
Bed 10

Bed

Bath 4

Bath

This meticulously-maintained 4-unit brick building is a gem waiting to be uncovered by savvy investors like you. Each unit boasts a winning combination of space and functionality. The first floors feature generous 2-bedroom layouts, complete with family room, dining room, kitchen, and duplex down to the basement, perfect for maximizing rental income potential. Meanwhile, the second floors offer spacious 3-bedroom residences with a bath, living room, and dining room. Say goodbye to carpet headaches! This building is adorned with a sleek mix of hardwood and tile floors throughout, ensuring durability and easy maintenance for years to come. With current rents below market value, there's ample room for growth. Two units are already occupied with month-to-month leases, while the first and thir d units presents an ideal opportunity for house hacking or securing new tenants at market rent. Benefit from upgrades including a brand-new back deck in 2023, a fully finished basement in 2021, plumbing and tuckpointing enhancements in 2020, electrical and window replacements in 2017, a roof repair also in 2020, new fence, new concrete. This means less hassle for you and increased appeal for potential renters. Situated in a rapidly evolving Auburn Gresham neighborhood, was selected as one of the priority communities for Chicago's INVEST South/West commercial corridor improvement strategy. The creation of new retail and residential spaces, as well as the renovation of existing buildings to support local businesses and improve the neighborhood's overall vitality. These efforts aim to stimulate economic growth, enhance infrastructure, and foster a vibrant community environment. Don't miss out on this chance to capitalize on a thriving market and unlock the full potential of this investment opportunity. Schedule your viewing today.

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Detail Ic Property Details

Property Type : Residential Income

Price : $395,000

AD Id : 78872323

MLS Id : MRD12651285

Beds : 10

Year Built : 1880

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 10

    Bathroom Information

    Total Baths: 4

    Room Information

    Rooms Total: 26

    Interior Features

    Roof: Flat

    Roofing Information

    Flat
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas WaterSource: Public

  • Building Information

    Year Built: 1880

  • Lot Information

    Lot Dimensions: 4,971 SQ. FT Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$395000

  • Tax Information

    Annual Tax: $3889.9 Tax Year: 2024 Parcel Number: 20283220240000 Tax Exemption: Homeowner

  • Parking Information

    Total Parking: 4 Assigned, Yes, Owned

  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    City: Chicago Direction: From 79th st South on Union Ave.
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Nearby Home Value

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ByOwner last updated this listing 06/22/2026 @ 18:20

MLS: MRED #12651285 LISTED BY: Lourdes Fernando, Keller Williams ONEChicago 312-216-2422 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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