7842-7844 S Union Avenue Chicago, IL $ 395,000
7842-7844 S Union Avenue
$ 395,000
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7842-7844 S Union Avenue

Chicago, IL, 60620
$ 395,000
Bedrooms10 Baths4.0

Monthly Estimate*

$ 2,432

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Multi-Family Home for sale in Chicago, IL

for $395,000 with 10 bedrooms and 4 full baths. This home was built in 1880.

This meticulously-maintained 4-unit brick building is a gem waiting to be uncovered by savvy investors like you. Each unit boasts a winning combination of space and functionality. The first floors feature generous 2-bedroom layouts, complete with family room, dining room, kitchen, and duplex down to the basement, perfect for maximizing rental income potential. Meanwhile, the second floors offer spacious 3-bedroom residences with a bath, living room, and dining room. Say goodbye to carpet headaches! This building is adorned with a sleek mix of hardwood and tile floors throughout, ensuring durability and easy maintenance for years to come. With current rents below market value, there's ample room for growth. Two units are already occupied with month-to-month leases, while the first and third units presents an ideal opportunity for house hacking or securing new tenants at market rent. Benefit from upgrades including a brand-new back deck in 2023, a fully finished basement in 2021, plumbing and tuckpointing enhancements in 2020, electrical and window replacements in 2017, a roof repair also in 2020, new fence, new concrete. This means less hassle for you and increased appeal for potential renters. Situated in a rapidly evolving Auburn Gresham neighborhood, was selected as one of the priority communities for Chicago's INVEST South/West commercial corridor improvement strategy. The creation of new retail and residential spaces, as well as the renovation of existing buildings to support local businesses and improve the neighborhood's overall vitality. These efforts aim to stimulate economic growth, enhance infrastructure, and foster a vibrant community environment. Don't miss out on this chance to capitalize on a thriving market and unlock the full potential of this investment opportunity. Schedule your viewing today.

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Multi-Family Active

Price

$ 395,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,889

Style

Year Built

1880

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12651285

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Tenant's Rights
Roof Flat
Construction Materials Brick
Year Built 1880
Township South Chicago
Tax Year 2024
Ownership Fee Simple
Additional Parcels Description 20283220330000
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 26
Status New
Directions From 79th st South on Union Ave.
City Chicago
High School District 299
MLS Area CHI - Auburn Gresham
Tax Annual Amount 3889.9
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 10
Total Baths 4
Bedrooms Possible 10
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Assigned Yes Owned
Water Source Public
Total Parking 4
Lot Dimensions 4 971 SQ. FT
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Onechicago

Broker

lourdes@JLHomesforyou.com

Email

Affordability Calculator

$2,756
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$324
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
5/18/2026$395,000 Listed Price

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7842-7844 S Union Avenue, Chicago, IL, 60620 is a Multi-Family Home for sale at $395,000. 7842-7844 S Union Avenue has 10 bedrooms, 4.0 baths, and was built in 1880. The property's zip code is 60620 which is in Chicago, IL