Englewood 6-Unit Multifamily
For Sale
$465,000
7317 S Union Avenue, Chicago, IL 60621
South Side Chicago 6-unit building with potential for expansion.
Property Size7,000 SF
Days on Market178
Property Features for 7317 S Union Avenue
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Commercial
Zoning
MULTI
Taxes and HOA fees
Annual Taxes
$6,430
Building Details
Building Size
7,000 SF
Year Built
1916
Stories
3
Units
6
Listing Agency:
Century 21 Circle
(773) 465-4200
Listed By:
Mark Ahmad · License #471007186
(773) 465-4200
Source:
Exit2newbeginningz
Added: Feb 26
Changed: Aug 23
Last Checked: Aug 17 at 6:45PM
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 Century 21 Circle
Investment Insights
Based on property information with market context.
Located in the Englewood neighborhood on Chicago's South Side, this full brick 6-unit building offers curb appeal and is situated near the Greater Grand Crossing and Park Manor community areas. The property is conveniently located near several CTA bus routes, including Routes 8/Halsted and 79th St., as well as the 79th St. Red Line rapid transit station and the Gresham Station on the Metra Rock Island District Line. The building comprises three 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Each unit has individual furnaces, A/C, and a water tank. Three of the units have been updated with new kitchens, hardwood floors, and stainless steel appliances. The full basement offers the potential to add or create two more units, with a furnace and rough plumbing already in place. One unit is currently occupied by a tenant with a monthly lease of $1,010; however, the landlord pays the utilities. The property is within minutes of major roads and Lake Shore Drive. The building is located in a well-known residential area bordered roughly by Garfield Blvd. and 75th St.
Key Highlights
- Full brick 6‑unit building with great curb appeal
- Potential to add 2 more units in the full basement
- Three 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units, each with individual furnaces/A/C and water tank
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - South Side Chicago 6-unit building with potential for expansion.
Where is this apartment building located?
The property is located at 7317 S Union Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Full brick 6‑unit building with great curb appeal; Potential to add 2 more units in the full basement; Three 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units, each with individual furnaces/A/C and water tank
