Closed

$375,000

7547 Union Avenue, Chicago, IL 60620
9 Beds4 Baths13 days
7547 Union Avenue·Chicago, IL 60620
9Bedrooms
4Bathrooms
1903Year Built
About This Home

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.

MLS# 12595073Listed March 20, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms4
Total Rooms17

Size & Structure

Garage Spaces2
Year Built1903
Lot Size5,040 sq ft

Location

CountyCook
TownshipSouth Chicago
Zip Code60620

Financial

List Price$375,000
Annual Taxes (2024)$2,754
Monthly Tax Est.$230
Parcel #20283020110000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Flat

Foundation

Brick/MortarConcrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Oglesby Elementary School
District: 299
Middle School
Oglesby Elementary School
District: 299
High School
Englewood Stem High School
District: 299
Tax & Financial
Annual Taxes
$2,754
Tax Year 2024
Monthly Tax Est.
$230
per month
Property Location

7547 Union Avenue, Chicago, IL 60620 — Cook County

$375,000
7547 Union Avenue
9 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
13 days on market
2-car garage
5,040 sq ft
$2,754/yr taxes
$2,200
estimated monthly payment
Principal & Interest
$1,971/mo
Property Tax
$230/mo
$375,000
20% — $75,000
3%50%
6.875%
3%12%
Loan Amount
$300,000
Down Payment
$75,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Juneitha Shambee
Agent: Juneitha Shambee
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