7547 S Union Avenue
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.
- Jamaican Jerk Villa 0.4 mi
- McDonald's 0.5 mi
- Fred & Jack's 0.5 mi
- Haire's Gulf Shrimp 0.5 mi
- Popeyes 0.6 mi
- Popeyes 0.7 mi
- Not Far From A Dollar 0.3 mi
- Citgo 0.5 mi
- Aladdin's Food 0.6 mi
- Shell 0.6 mi
- BP Shop 0.9 mi
- Citgo 0.9 mi
- Leland Giants Park 200 ft
- Saint Leo's Veteran's Garden 0.3 mi
- Auburn Park 0.4 mi
- Hamilton Park 0.4 mi
- Dr. Martin Luther King, Jr. Park 0.7 mi
- Memorial Park 0.7 mi
- Brewer Coffee & Custard 0.6 mi
- Dunkin' 0.7 mi
- Kusanya Cafe 0.8 mi
- Afro Joe's 1.0 mi
- Dunkin' 1.1 mi
- Dunkin' 1.2 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12595073