Accepting Backups
7547 Union Avenue
Chicago, IL 60620
$375,000
9beds
4baths
—sqft
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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 Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1903
Garage spaces2
Lot size—
Annual tax$2,753.62
CountyCook
MLS #MRD12595073
Days on market19
Schools
ElementaryOglesby Elementary School
Middle / JuniorOglesby Elementary School
High schoolEnglewood Stem High School
Features
Heating
Natural Gas
Parking
Garage Door OpenerYesGarage OwnedDetachedGarage
Construction
Brick
Sewer
Public Sewer
Listed by
Juneitha Shambee
Juneitha Shambee
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/8/2026, 1:55:02 AM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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