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14-Unit Multifamily Apartment Building
For Sale
Contact for pricing

7100 S Union Ave, Chicago, IL 60621

Fourteen two-bedroom, one-bath apartments with seven currently vacant, plus a relatively new hot water heater and five-year-old boiler.

Property SizeContact for details
Days on Market122

Property Features for 7100 S Union Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: KW Commercial Chicago - Lincoln Park
Listed By: Tony Hardy · License #IL 475.139834
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 12:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Chicago - Lincoln Park

Investment Insights

Based on property information with market context.

7100 S Union Ave is a 14-unit multifamily apartment building with (14) two-bedroom, one-bath apartment homes. The property has seven vacant units, offering space to perform interior modifications to vacant units and update units as they become available.

The hot water heater is relatively new, and the boiler is approximately five years old, supporting day-to-day building operations. The property is located in the Englewood community of Chicago, IL.

According to the provided remarks, the property is situated in an opportunity zone and within Zone 6 of a Chicago Enterprise Zone, with related enterprise zone incentives referenced in the offering materials.

Key Highlights

  • 14‑unit multifamily property at 7100 S. Union Ave in Chicago, IL
  • All units are 2 bed / 1 bath; 7 units are currently vacant for rent‑up potential
  • Seven vacant units offer an opportunity for interior modifications to target market rent levels

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Spa & Massage Center 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

1,059
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
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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Frequently Asked Questions

What type of property is this?
Apartment building - Fourteen two-bedroom, one-bath apartments with seven currently vacant, plus a relatively new hot water heater and five-year-old boiler.
Where is this apartment building located?
The property is located at 7100 S Union Ave Chicago, IL.
What are key features of this property?
This property features: 14‑unit multifamily property at 7100 S. Union Ave in Chicago, IL; All units are 2 bed / 1 bath; 7 units are currently vacant for rent‑up potential; Seven vacant units offer an opportunity for interior modifications to target market rent levels
(773) 946-8816 Call to check price and availability
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