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$375,000
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Property Description
This charming 4-unit multi-family investment gem in the heart of Auburn Gresham offers immediate income potential and strong upside for savvy buyers seeking cash flow in a revitalizing South Side Chicago neighborhood. Built in 1903 with classic character, this solid brick building totals approximately 4,308 sq ft on a generous 5,040 sq ft lot, featuring three spacious 2-bedroom/1-bath units and one larger 3-bedroom/1-bath unit-perfect for families or roommates. Recent cosmetic upgrades include fresh touches throughout, enhancing appeal and rentability right away. The property boasts a 2-car detached garage for added value (extra parking or storage income), a large unfinished basement ripe for expansion (additional living space, storage, or future laundry/rec room), and secure wire fencing surrounding the lot for privacy and peace of mind. Currently configured for steady rental income, this turnkey multi-family is primed for even higher returns with minimal cosmetic refreshes-think modern paint, updated fixtures, and flooring tweaks. Comparable 2-bed units in the area rent for $1,200-$1,500+/month, and 3-bed units often fetch $1,400-$1,800+, potentially generating $5,000-$6,500+ monthly post-upgrades in this high-demand rental market. Ideal for house-hacking, portfolio expansion, or long-term hold-low maintenance and close to public transit, shops, and Englewood/CTA access. Don't miss this rare opportunity to own a cash-flowing asset in an up-and-coming area with appreciation potential. Schedule your showing today-this one won't last! SOLD AS-IS.
Full Property Details
Full Property Details for 7547 S Union Ave
General
- Price: $375,000
- Taxes: $2,753 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12595073
- Updated: 4/1/2026
- Added to Site: 14 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 9
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Englewood
- County: Cook
- Township: South Chicago
- Driving Directions: From Downtown Chicago (Loop area): Head south on I-55 S (Stevenson Expressway) toward I-90/I-94. Merge onto I-90/I-94 E (Dan Ryan Expressway) south. Take exit 59A for 79th St. Turn left (east) onto W 79th St. Turn left (north) onto S Union Ave (Union Ave runs north-south). Continue north on S Union Ave; the property is on the west side around the 7500 block. From the north (e.g., near O'Hare or north suburbs): Use I-90/I-94 E (Kennedy/Dan Ryan) south to the 79th St exit, then follow as above. Public transit option (CTA): Take the Red Line south to the 79th St station. From there, walk west or take a bus (e.g., #79 bus westbound) toward Union Ave, then north a short distance. Sold AS IS
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Oglesby Elementary School
- Middle School: Oglesby Elementary School
- High School: Englewood Stem High School
- Private School: Englewood Stem High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Flat
- Year Built: 1903
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 5, 040 sq ft
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1903
- Tax Amount: $2,753.62
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20283020110000
Listed by Juneitha Shambee
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Schools
Schools serving 7547 S Union Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Oglesby Elementary School 7646 South Green Street, Chicago, IL 60620 | PK-8 | 0.3 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 7547 S Union Ave
Date
Details
Price
Change
Source
3/20/2026
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7547 S Union Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,731
—
$17,000
-19%
2023
$3,731
3%
$21,000
—
2022
$3,616
2%
$21,000
—
2021
$3,553
17%
$21,000
26%
2020
$3,036
-2%
$16,733
-11%
2019
$3,089
2%
$18,802
—
2018
$3,035
-10%
$18,802
-2%
2017
$3,388
2%
$19,113
—
2016
$3,328
10%
$19,113
—
2015
$3,022
11%
$19,113
11%
2014
$2,712
2%
$17,187
—
2013
$2,648
-14%
$17,187
—
2012
$3,084
—
$17,187
—
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 7547 S Union Ave
7547 S Union Avenue, Chicago, IL 60620 (MLS# 12595073) is a Multi-Family property with 4 units containing 9 bedrooms and 0 full bathrooms. 7547 S Union Avenue is currently listed for $375,000 and was received on March 20, 2026. Want to learn more about 7547 S Union Avenue? Do you have questions about finding other Multi-Family real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

