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Chicago Triplex For Sale
For Sale
Under Contract
$265,000

5434 S Union Avenue, Chicago, IL 60609

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market532

Property Features for 5434 S Union Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning MULTI
Directions Take Interstate I-94 to 55th Street, then proceed to Union Street and continue to the address 5434 S Union Ave, Chicago, IL 60609.
Subdivision CHI - New City
Standard status Active Under Contract
APN 20093280160000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1160

Utilities

Cooling system Central Air

Building Details

Year built 1891
Floors in Building 2
Number of units 3
Building materials Brick
Listing Agency: Compass
Listed By: Stephon Walker-Purnell · License #475195845
Added: Mar 6, 2025 Changed: Aug 20 Last Checked: Aug 20 at 1:06PM
MLS# 12305382

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.

Investment Insights

Based on property information with market context.

This property is a triplex located in Chicago, Illinois. The lot size is 0.0717 acres. It is zoned for multi-family use.

Key Highlights

  • Brick Construction
  • Central Air Conditioning
  • Built in 1891

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex located in Chicago, Illinois.
Where is this triplex located?
The property is located at 5434 S Union Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Brick Construction; Central Air Conditioning; Built in 1891
More about this property
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