7842-7844 S Union Avenue, Chicago, IL 60620

• 10 beds |
• 4 baths

Property Description

This meticulously-maintained 4-unit brick building is a gem waiting to be uncovered by savvy investors like you. Each unit boasts a winning combination of space and functionality. The first floors feature generous 2-bedroom layouts, complete with family room, dining room, kitchen, and duplex down to the basement, perfect for maximizing rental income potential. Meanwhile, the second floors offer spacious 3-bedroom residences with a bath, living room, and dining room. Say goodbye to carpet headaches! This building is adorned with a sleek mix of hardwood and tile floors throughout, ensuring durability and easy maintenance for years to come. With current rents below market value, there's ample room for growth. Two units are already occupied with month-to-month leases, while the first and third units presents an ideal opportunity for house hacking or securing new tenants at market rent. Benefit from upgrades including a brand-new back deck in 2023, a fully finished basement in 2021, plumbing and tuckpointing enhancements in 2020, electrical and window replacements in 2017, a roof repair also in 2020, new fence, new concrete. This means less hassle for you and increased appeal for potential renters. Situated in a rapidly evolving Auburn Gresham neighborhood, was selected as one of the priority communities for Chicago's INVEST South/West commercial corridor improvement strategy. The creation of new retail and residential spaces, as well as the renovation of existing buildings to support local businesses and improve the neighborhood's overall vitality. These efforts aim to stimulate economic growth, enhance infrastructure, and foster a vibrant community environment. Don't miss out on this chance to capitalize on a thriving market and unlock the full potential of this investment opportunity. Schedule your viewing today.

Listing Status:

Active

Data Last Updated:

April 2, 2026 at 8:20PM

Listing Office:

Keller Williams ONEChicago : 630-412-7080

Listing Agent:

Lourdes Fernando : 630-412-7080

MLS ID:

12602160

Interior

• Basement: Partially FinishedFull
• Heating: Natural Gas

Exterior

• Parking: AssignedYesOwnedParking spaces: 4

Construction

• Roofing: Flat

Location

• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 20283220240000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple