• Status Active
  • Price $460,000
  • Bed Not provided
  • Bath Not provided
  • Location Englewood

7304 South Union Avenue

Discover an exceptional investment opportunity in Chicago's South Side - a meticulously maintained 6-unit brick property at 7304 S Union. This updated, character-filled building showcases timeless curb appeal, secure gated entry, and a welcoming foyer. Three of the six units are currently occupied by long-term (month-to-month) tenants paying rents substantially below market, creating substantial upside through future rent adjustments. The remaining three units have been fully renovated and are move-in ready, allowing immediate leasing at market rates and strong near-term income growth. Whether you're an experienced investor seeking reliable cash flow with clear value-add potential or a new entrant looking for a manageable, high-performing asset, this property checks every box. With its durable construction, stabilized occupancy, and opportunity for income optimization, it comes with excellent cash-on-cash returns and long-term appreciation potential. Competitively priced, this is a rare chance to secure a turnkey, income-producing property with built-in upside.

General Info

  • Price $460,000
  • Bed Not provided
  • Bath Not provided
  • Taxes $3,165
  • Market Time 14 days
  • Year Built 1916
  • Square Feet Not provided
  • Assessments Not provided
  • Assessments Include Not provided
  • Listed by: Compass Phone: 312.319.1168
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms
  • Bedrooms Not provided
  • Bathrooms Not provided

Features

  • Heat Gas, Radiators, Radiant
  • Air Conditioning Window Unit/s
  • Appliances Not provided
  • Parking Not provided
  • Age Older
  • Exterior Brick

Based on information submitted to the MLS GRID as of 11/3/2025 10:02 PM. 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.

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