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5548 S Union Avenue Chicago, IL $ 299,000
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$ 299,000 Get more info
5548 S Union Avenue
$ 299,000
Back to search
Share Save

5548 S Union Avenue

Chicago, IL, 60621
$ 299,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 2,089

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Multi-Family Home for sale in Chicago, IL

for $299,000 with 5 bedrooms and 2 full baths. This home was built in 1905 on a lot size of 0.11.

Turnkey property. Rehabbed solid brick 2 unit building. Perfect as an investment property OR buy as the owner and rent for additional income. Both units have been fully rehabbed in 2022. Updated plumbing and electrical. 1st floor unit features 2Beds and 1Bath. 2nd floor unit features 3Beds and 1Bath. Clean (unfinished) basement with good ceiling height allows for possible duplex down in the future. Great location just blocks from I90/94 with easy access to the City and the lake. 1 mile to CTA Red Line station. No garage, parking pad at the rear. Both units currently tenant occupied. Tenants pay their own gas, heat and electric. 48hrs notice required for showings. Showings only available Tue (PM), Thurs (PM) and Sat (AM) with appointment. Possible loan assumption available with current lender at 4.625%. YES...you read that right. Buyer must qualify with the lender, must be owner occupant. See Additional Documents on MLS for loan assumption info.

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Multi-Family Active

Price

$ 299,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,262

Style

Lot Size

0.11

Year Built

1905

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11980982
Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Flat
Exterior Features Porch
Zoning MULTI
Year Built 1905
Township Hyde Park
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 32436
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status Price Change
Directions Dan Ryan 90/94 to Garfield Blvd. Exit West Proceed to Union Ave and South to the property.
High School Phillips Academy High School
City Chicago
High School District 299
MLS Area CHI - Englewood
Waterfront Y/N N
Street Name Union
Elementary School Disney Elementary School Magnet
Tax Annual Amount 2262.32
Middle/Junior High School Disney Ii Magnet High School
Additional Parcels Y/N N
Days on Market 70
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Full Unfinished
Street Suffix Avenue
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Street
Water Source Public
Total Parking 0
Foundation Details Brick/Mortar
Lot Dimensions 5 176
Lot Size Acres 0.11
Exterior Brick
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* Excluded Features
List By
Second City Real Estate

Broker

RonanMcBrien@EmeraldREIL.com

Email

Affordability Calculator

$2,277
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,089
Monthly Property Taxes
$189
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2832150 Elementary School
2972823 Middle School
Phillips Academy High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/26/2024$299,000 -3.24% Price Down
2/18/2024$309,000 Listed Price

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5548 S Union Avenue, Chicago, IL, 60621 is a Multi-Family Home for sale at $299,000 with a lot size of 0.11. 5548 S Union Avenue has 5 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 60621 which is in Chicago, IL

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