7434 S Union Ave Chicago, IL 60621
Englewood NeighborhoodEstimated payment $846/month
About This Home
Brick Two-Unit Value-Add Opportunity; Unlock the potential of this solid brick two-unit primed for transformation. This is the perfect project for investors, rehabbers, or owner-occupants looking to create value through renovation and generate long-term cash flow. Positioned as a true value-add asset, the property requires a full gut rehab, offering a blank slate to design, modernize, and maximize returns. With the right vision, this building can be repositioned into a high-performing income property or an ideal live-in investment-live in one unit and rent the other to help mortgage. Bring offers with verification of funds or preapproval letter.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,419
Year Built
- Built in 1913
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Utilities
- No Heating
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 41x119
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $640 | $13,000 | $1,440 | $11,560 |
| 2024 | $640 | $13,000 | $1,440 | $11,560 |
| 2023 | -- | $9,000 | $3,120 | $5,880 |
| 2022 | $0 | $9,000 | $3,120 | $5,880 |
| 2021 | $229 | $9,000 | $3,120 | $5,880 |
| 2020 | $229 | $8,360 | $3,600 | $4,760 |
| 2019 | $0 | $9,501 | $3,600 | $5,901 |
| 2018 | $0 | $9,501 | $3,600 | $5,901 |
| 2017 | $0 | $15,459 | $3,120 | $12,339 |
| 2016 | $229 | $15,459 | $3,120 | $12,339 |
| 2015 | $220 | $15,459 | $3,120 | $12,339 |
| 2014 | $1,756 | $13,869 | $2,880 | $10,989 |
| 2013 | $2,522 | $13,869 | $2,880 | $10,989 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2026 02/23/26 | For Sale | $139,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12574823
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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