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7304 S Union Avenue
Chicago IL 60621 US

$430,000

Active Listing ID 12547144
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9 bed
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6.00 Bath (6 Full)
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Lot: 0.12 Acres
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Other

$430,000

Active Listing ID 12547144
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7304 S Union Avenue ATTENTION INVESTORS 14.5 CAP, 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: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Cooling System: Window Unit(s)
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 430000
  • unparsedaddress: 7304 S Union Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60621
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.12
  • lotsizeunits: Acres
  • lotsizearea: 0.12
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.76134
  • longitude: -87.642227
  • listagentfullname: Rashauna Scott
  • listagentemail: rashaunascott@kw.com
  • listagentkey: 3yd-MREDIL-888506
  • listagentmlsid: 888506
  • listagentpreferredphone: (312) 216-2422
  • listagentofficephone: 7738856263
  • listofficekey: 3yd-MREDIL-87738
  • listofficemlsid: 87738
  • disclaimer: Copyright © 2026 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: 2026-01-20
  • listagenturl: http://kwonechicago.com/
  • countyorparish: Cook
  • parcelnumber: 20281140170000
  • cooling: Window Unit(s)
  • constructionmaterials: Brick
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 1, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 9, Bedroom 4, Basement, Bedroom 5, Bedroom 8, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 6
  • basement: Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.64223, 41.76134
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Chicago ONEChicago", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rashaunascott@kw.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ONEChicago@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a3ae8911ddc111e6af690242ac110009/20201209204507927.png", "ListBrokerageName":"Keller Williams Chicago ONEChicago", "ListBrokeragePhone":"(312) 216-2422", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Ste. 104", "ListBrokerageUnparsedAddress":"2211 N. Elston Ave", "ListBrokerageWebsiteUrl":"http://kwonechicago.com/", "ListOfficeAddress1":"2211 N Elston Ave STE 400 ", "ListOfficeAddress2":"Ste. 104", "ListOfficeBrokerMlsId":"87738", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":"ONEChicago@kw.com", "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/7304-S-Lowe-Ave_Chicago_IL_60621_M78646-29606?f=listhub&s=MREDIL&m=12547144&c=rexren", "MLSModificationTimestamp":"2026-01-20 13:15:04", "Neighborhoods":[{"Description":null, "Name":"CHI - Englewood"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3165, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/20/2026 1:16:45 PM GMT
Source Updated Date: 1/20/2026 6:40:20 PM GMT

Courtesy of: Rashauna Scott, Keller Williams ONEChicago, rashaunascott@kw.com

Copyright © 2026 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.