Date
Details
Price
Change
Source
2/27/2026
Listed
$424,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/47
$424,900
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Property Description
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.
Full Property Details
Full Property Details for 4810 S Union Ave
General
- Price: $424,900
- Taxes: $2,879 (2022)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12579737
- Updated: 3/27/2026
- Added to Site: 36 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: School Bus Service, Commuter Bus, Interstate Access
Location
- Area: CHI - New City
- County: Cook
- Township: Lake
- Driving Directions: 47th Street to Union, South to property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1889
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 111
Financial Considerations
- Assessment Year: 1889
- Tax Amount: $2,879.36
- Tax Year: 2022
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20091050200000
Listed by Golden Enterprise Realty Inc
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Listing agent
— 4810 S Union Ave —
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NMLS#: 1598647
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Schools
Schools serving 4810 S Union Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Graham A Elementary School 4436 South Union Avenue, Chicago, IL 60609 | K-8 | 0.4 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4810 S Union Ave
Tax History
Tax History for 4810 S Union Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,954
3%
$13,999
—
2022
$2,879
2%
$13,999
—
2021
$2,815
19%
$13,999
32%
2020
$2,357
91%
$10,582
-14%
2019
$1,232
2%
$12,305
—
2018
$1,209
-17%
$12,305
-4%
2017
$1,456
-43%
$12,840
—
2016
$2,572
9%
$12,840
—
2015
$2,353
-3%
$12,840
-2%
2014
$2,429
2%
$13,091
—
2013
$2,381
1%
$13,091
—
2012
$2,349
—
$13,091
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4810 S Union Ave
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 1Total Bath
- 1,008Sq. Ft.
Listed by Lisa Clemente (708) 268-8641
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,096Sq. Ft.
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4810 S Union Avenue, Chicago, IL 60609 (MLS# 12579737) is a Multi-Family property with 2 units containing 8 bedrooms and 0 full bathrooms. 4810 S Union Avenue is currently listed for $424,900 and was received on February 27, 2026. Want to learn more about 4810 S Union Avenue? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.