$340,000
SOLD DEC 8, 2023

7304 S Union Ave Chicago, IL 60621

Englewood Neighborhood
9 Beds
6 Baths
7,902 Sq Ft
1916 Built

Recently Sold

$43 Per Sq Ft

6% Above List Price

18 Days on Market

About This Home

As of December 2023

I am thrilled to introduce our newest commercial listing at 7304 S Union-a truly remarkable opportunity for savvy investors. This beautifully maintained 6-unit property exudes charm, from its stunning brick exterior to the gated entrance and inviting foyer. The potential for this property is boundless, and it can be acquired individually or as part of an enticing package with another investment gem at 7329 S Union (MLS #11894323). Opportunities like these are a rarity, and they won't stay on the market for long. Both properties are attractively priced, offering the chance to create robust rental streams of income. Don't miss out on this golden opportunity to elevate your real estate portfolio to new heights. Contact us today to seize this chance for financial success! As-is

Last Agent to Sell the Property

Chretien Matz

Keller Williams Preferred Rlty License #475164997 Listed on: 10/06/2023

Keller Williams Preferred Rlty

Last Buyer's Agent

Victor Emelife

Kale Realty License #475170128

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1916

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $760
  • Fuel Expense $4,795
  • Insurance Expense $8,186
  • Trash Expense $560
  • Water Sewer Expense $900
  • Operating Expense $20,547
  • Gross Income $61,200
  • Net Operating Income $40,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,346

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1916
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 319900

Utilities

  • Heat/Ventilation: Forced Air,Gas

Fee Information

  • Trash Expense: 560
  • Water Sewer Expenses: 900
  • Janitor Expense: 1500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 5000

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 40653
  • Fuel Expense: 4795
  • Insurance Expense: 8186
  • ElectricExpense: 760
  • GrossIncome: 61200
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20547
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 2346
  • Tax Year: 2021

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anna Comer

    Seller's Agent in 2025

    Anna Comer

    HomeSmart Realty Group

    (312) 985-6790

    8 in this area

    93 Total Sales

    Anna Comer
    Section Image

  • C

    Seller's Agent in 2023

    Chretien Matz

    Keller Williams Preferred Rlty

    (708) 473-6159

    3 in this area

    37 Total Sales

    Chretien Matz
    Section Image
  • Victor Emelife

    Buyer's Agent in 2023

    Victor Emelife

    Kale Realty

    (760) 845-4070

    2 in this area

    9 Total Sales

    Victor Emelife
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11894290

Midwest Real Estate Data (MRED)

APN: 20281140170000

Illinois Cook County Chicago 60621 Englewood

7304 S Union Ave, Chicago, IL

This home is located at 7304 S Union Ave, Chicago, IL 60621 and is currently priced at $340,000, approximately $43 per square foot. This property was built in 1916. 7304 S Union Ave is a home located in Cook County.

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