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7304 S Union Avenue
Chicago IL 60621 US

$445,000

Active Listing ID 12533000
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Lot: 0.12 Acres
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Other

$445,000

Active Listing ID 12533000
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7304 S Union Avenue ATTENTION INVESTORS - 16.7 CAP, 4.5GRM! Introducing 7304 S Union Avenue - a rare opportunity to acquire a solid 6-unit, brick property on Chicago's South Side with immediate upside and strong projected returns. This 7, 900 sq. ft. building sits on a 5, 000 sq. ft. lot and features classic architecture, secure gated entry, and a welcoming foyer that reflect long-term care and thoughtful updates. Three of the six units are currently occupied by long-term (month-to-month) tenants paying rents substantially below market, creating substantial upside through future rent increases. The remaining three units have been fully renovated and are move-in ready, allowing immediate leasing at market rates and strong near-term income growth. Whether you're an experienced investor seeking reliable cash flow with clear value-add potential or a new entrant looking for a manageable, high-performing asset, this property checks every box. With its durable construction, stabilized occupancy, and opportunity for income optimization, it comes with excellent cash-on-cash returns and long-term appreciation potential. Competitively priced, this is a rare chance to secure a turnkey, income-producing property with built-in upside.

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Property Features

  • Facts
  • Lot Size: 0.12 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Multi Units, Window Unit(s)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 445000
  • unparsedaddress: 7304 S Union Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60621
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.12
  • lotsizeunits: Acres
  • lotsizearea: 0.12
  • livingarea: 7902
  • livingareaunits: Square Feet
  • listagentfullname: Christopher Sweitzer
  • listagentemail: csweitzerrealestate@gmail.com
  • listagentkey: 3yd-MREDIL-894059
  • listagentmlsid: 894059
  • listagentpreferredphone: 8478283534
  • listagentofficephone: 3123191168
  • listofficekey: 3yd-MREDIL-87291
  • listagentstatelicense: 475184769
  • listofficemlsid: 87291
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1916
  • listingcontractdate: 2025-12-15
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 20281140170000
  • cooling: Multi Units, Window Unit(s)
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"csweitzerrealestate@gmail.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"60657", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3033 N Clark St", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"2350 N. Lincoln Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"113108", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12533000/?channel=rexren", "MLSModificationTimestamp":"2025-12-16T14:31:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - Englewood"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3164.89, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/16/2025 9:07:31 PM GMT
Source Updated Date: 12/18/2025 12:52:42 PM GMT

Courtesy of: Christopher Sweitzer, Compass, csweitzerrealestate@gmail.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.