- Status Active
- Price $460,000
- Bed Not provided
- Bath Not provided
- Location Englewood
ATTENTION INVESTORS! Introducing 7304 S Union Avenue - a rare opportunity to acquire a solid 6-unit, brick property on Chicago's South Side with immediate upside and strong projected returns. This 7,900 sq. ft. building sits on a 5,000 sq. ft. lot and features classic architecture, secure gated entry, and a welcoming foyer that reflect long-term care and thoughtful updates. 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 increases. 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 21 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 11/11/2025 1:02 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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