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About the Listing 87738 - 889922
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.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
12651285
Year Built
1880
Total Square Footage
0
Lot/Acreage
4,971 SQ. FT
Interior Details
- Bedrooms: 10
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 4,971 SQ. FT
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Assigned,Yes,Owned
Financial Details
- Tax Amount: $3,890
- Taxes w/Assessments: N/A
- Tax/Property ID: 20283220240000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
7842-7844 S Union Ave Chicago, IL 60620
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