Accepting Backups

4810 Union Avenue

Chicago, IL 60609
$424,900
8beds
2baths
sqft
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About this home

2-Unit Investment Opportunity - Strong Upside Potential Well-maintained two-unit property with immediate income growth opportunity. Both units offer spacious layouts, making this an attractive rental property for long-term tenants. The first-floor unit features a flexible 4 bedroom layout. A long-term tenant with below-market rent is vacating, providing the ability to reset rent to current market rates and significantly improve cash flow. The second-floor unit offers 3 - 4 bedrooms and is currently vacant, allowing investors to immediately place a tenant at market rent or owner-occupy while generating income from the other unit. Each unit includes: In-unit laundry facilities, Separate newer HVAC, Brand-new water heaters, Additional updates include a newer roof, minimizing near-term capital expenses. With both units turning over, this property presents a rare opportunity to stabilize at full market rent from day one. Ideal for investors seeking a solid asset with upside potential, strong rental demand, and major mechanical updates already completed.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built1889
Lot size
Annual tax$2,879.36
CountyCook
MLS #MRD12579737
Days on market47

Features

Heating
Natural Gas
Construction
Vinyl Siding
Sewer
Public Sewer
Listed by
Golden Enterprise Realty Inc
Carlos Avila · 773-639-8205

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/15/2026, 2:37:02 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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