7304 S Union Ave Chicago, IL 60621
Englewood NeighborhoodEstimated payment $2,917/month
About This Home
We're excited to present a rare investment opportunity: a well-maintained 6-unit commercial property located at 7304 S Union. This brick building offers timeless curb appeal, featuring a secure gated entrance and a welcoming foyer that sets the tone for quality throughout. Ideal for seasoned or aspiring investors, this property is competitively priced and full of potential to generate strong rental income. Opportunities like this are few and far between-don't let it slip by. Property is being sold as-is. Contact us today to learn more or schedule a private tour.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,165
Year Built
- Built in 1916
Interior Spaces
- 3-Story Property
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $388
- Fuel Expense $7,320
- Insurance Expense $8,186
- Water Sewer Expense $6,600
- Operating Expense $17,085
- Gross Income $85,500
- Net Operating Income $68,415
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2025 05/26/25 | For Sale | $500,000 | +47.1% | -- |
| 12/08/2023 12/08/23 | Sold | $340,000 | 0.0% | $43 / Sq Ft |
| 12/01/2023 12/01/23 | Off Market | $340,000 | -- | -- |
| 10/25/2023 10/25/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | For Sale | $319,900 | -- | $40 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12375382
APN: 20281140170000
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