Chicago, IL 60620 7842-7844 S Union Avenue
$395,000



56 more
























































Presented By: Keller Williams ONEChicago
Home Details
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 third 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.
Presented By: Keller Williams ONEChicago
Interior Features for 7842-7844 S Union Avenue
Bedrooms
Bedrooms Possible10
Total Bedrooms10
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementPartially Finished, Full
Total Number of Units4
General for 7842-7844 S Union Avenue
Additional Parcels Description20283220330000
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
CountyCook
DirectionsFrom 79th st South on Union Ave.
Elementary School District299
HeatingNatural Gas
High School District299
MLS AreaCHI - Auburn Gresham
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount3889.9
Tax Year2024
Total Rooms26
TownshipSouth Chicago
Year Built1880
Exterior for 7842-7844 S Union Avenue
Lot Dimensions4, 971 SQ. FT
Parking FeaturesAssigned, Yes, Owned
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
