7547 S Union Avenue
Chicago, IL, 60620 $ 375,000
Bedrooms9 Baths4.0 Monthly Estimate*
$ 2,309
for $375,000 with 9 bedrooms and 4 full baths. This home was built in 1903.
This charming 4-unit multi-family investment gem in the heart of Auburn Gresham offers immediate income potential and strong upside for savvy buyers seeking cash flow in a revitalizing South Side Chicago neighborhood. Built in 1903 with classic character, this solid brick building totals approximately 4,308 sq ft on a generous 5,040 sq ft lot, featuring three spacious 2-bedroom/1-bath units and one larger 3-bedroom/1-bath unit-perfect for families or roommates. Recent cosmetic upgrades include fresh touches throughout, enhancing appeal and rentability right away. The property boasts a 2-car detached garage for added value (extra parking or storage income), a large unfinished basement ripe for expansion (additional living space, storage, or future laundry/rec room), and secure wire fencing surrounding the lot for privacy and peace of mind. Currently configured for steady rental income, this turnkey multi-family is primed for even higher returns with minimal cosmetic refreshes-think modern paint, updated fixtures, and flooring tweaks. Comparable 2-bed units in the area rent for $1,200-$1,500+/month, and 3-bed units often fetch $1,400-$1,800+, potentially generating $5,000-$6,500+ monthly post-upgrades in this high-demand rental market. Ideal for house-hacking, portfolio expansion, or long-term hold-low maintenance and close to public transit, shops, and Englewood/CTA access. Don't miss this rare opportunity to own a cash-flowing asset in an up-and-coming area with appreciation potential. Schedule your showing today-this one won't last! SOLD AS-IS.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Immediate
Roof Flat
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1903
Township South Chicago
Tax Year 2024
Ownership Fee Simple
Gross Income 3100
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 17
Status Active
Directions From Downtown Chicago (Loop area): Head south on I-55 S (Stevenson Expressway) toward I-90/I-94. Merge onto I-90/I-94 E (Dan Ryan Expressway) south. Take exit 59A for 79th St. Turn left (east) on
High School Englewood Stem High School
City Chicago
High School District 299
MLS Area CHI - Englewood
Elementary School Oglesby Elementary School
Tax Annual Amount 2753.62
Middle/Junior High School Oglesby Elementary School
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Unfinished Full
Total Bedrooms 9
Total Baths 4
Bedrooms Possible 9
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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ExteriorParking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Public
Total Parking 2
Foundation Details Brick/Mortar Concrete Perimeter
Lot Dimensions 5 040 sq ft
Waterfront Y/N N
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* Excluded FeaturesList Byjuneithashambee@gmail.com;juneithashambee@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,309
- Monthly Property Taxes
- $229
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $614,831
Percent of Sale Price 64%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
5105824 Elementary School
5105824 Middle School
Englewood Stem High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/23/2026 | $375,000 | | Listed Price |