4810 S Union Avenue Chicago, IL $ 424,900
4810 S Union Avenue
$ 424,900
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4810 S Union Avenue

Chicago, IL, 60609
$ 424,900
Bedrooms8 Baths2.0 Sq 2,984

Monthly Estimate*

$ 2,616

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Multi-Family Home for sale in Chicago, IL

for $424,900 with 8 bedrooms and 2 full baths. This 2,984 square foot home was built in 1889.

2-Unit Investment Opportunity - Strong Upside Potential Well-maintained two-unit property with immediate income growth opportunity. Both units offer spacious layouts, making this an attractive rental property for long-term tenants. The first-floor unit features a flexible 4 bedroom layout. A long-term tenant with below-market rent is vacating, providing the ability to reset rent to current market rates and significantly improve cash flow. The second-floor unit offers 3 - 4 bedrooms and is currently vacant, allowing investors to immediately place a tenant at market rent or owner-occupy while generating income from the other unit. Each unit includes: In-unit laundry facilities, Separate newer HVAC, Brand-new water heaters, Additional updates include a newer roof, minimizing near-term capital expenses. With both units turning over, this property presents a rare opportunity to stabilize at full market rent from day one. Ideal for investors seeking a solid asset with upside potential, strong rental demand, and major mechanical updates already completed.

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Multi-Family Active

Price

$ 424,900

Bedrooms

8

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,879

Style

Year Built

1889

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12579737

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Vinyl Siding
Year Built 1889
Township Lake
Tax Year 2022
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status Active
Directions 47th Street to Union South to property
City Chicago
High School District 299
MLS Area CHI - New City
Tax Annual Amount 2879.36
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 8
Room Type Foyer
Total Baths 2
Bedrooms Possible 8
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 25 X 111
Waterfront Y/N N
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* Excluded Features
List By
Golden Enterprise Realty Inc

Broker

mybrokercarlos@gmail.com

Email

Affordability Calculator

$2,856
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,616
Monthly Property Taxes
$240
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2026$424,900 Listed Price

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4810 S Union Avenue, Chicago, IL, 60609 is a Multi-Family Home for sale at $424,900 with 2,984 sqft. 4810 S Union Avenue has 8 bedrooms, 2.0 baths, and was built in 1889. The property's zip code is 60609 which is in Chicago, IL