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Full Brick 6-Unit Apartment Building
For Sale
$465,000

7317 S Union Avenue, Chicago, IL 60621

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market165

Property Features for 7317 S Union Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 27
Bathrooms 21
Full bathrooms 21
Rooms Bathroom 18, Bathroom 8, Bathroom 9, Bathroom 16, Bathroom 2, Bedroom 21, Bedroom 17, Bedroom 15, Bedroom 3, Bedroom 5, Bathroom 19, Bedroom 4, Bathroom 12, Bedroom 14, Bathroom 5, Bedroom 27, Bedroom 23, Bathroom 13, Bedroom 11, Bathroom 1, Bedroom 16, Bedroom 13, Bedroom 9, Bathroom 7, Bathroom 14, Bedroom 22, Bathroom 4, Bathroom 6, Bedroom 1, Bathroom 11, Bathroom 17, Bedroom 25, Bathroom 20, Bathroom 15, Bedroom 10, Bedroom 24, Bedroom 26, Bedroom 7, Bedroom 18, Bedroom 6, Bedroom 12, Bedroom 19, Bedroom 2, Bathroom 3, Bathroom 10, Bedroom 20, Bathroom 21, Bedroom 8
Directions Halsted St. to 74th St. east to Union then north to address Between Halsted St. and Laramie Ave. on Union Ave
Subdivision CHI - Englewood
Standard status Active
APN 20281150050000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6430

Building Details

Year built 1916
Floors in Building 3
Number of units 6
Building materials Brick, Concrete
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Feb 26 Changed: Aug 2 Last Checked: Aug 10 at 6:06AM
MLS# 12576409

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.

Full brick 6-unit apartment building on 0.1148 acres, built in 1916. The property is split into a north portion with three 2-bedroom, 1-bath units and a south portion with three 1-bedroom, 1-bath units. Each unit is equipped with an individual furnace/A-C system and its own water tank. A full basement is included, with the possibility to add or create two additional units, with furnace and rough plumbing in place.

Several of the units have been updated with new kitchens, hardwood floors, and stainless steel appliances. The building is tenant occupied, and interior access requires buyer approval in advance.

Located in Chicago’s Englewood neighborhood on the South Side. The area is described as bordered roughly by Garfield Blvd. and 75th St., with nearby CTA bus routes including Routes 8/Halsted and 79th St., and the Red Line 79th St. station. The Metra station is Gresham Station (Rock Island District Line).

Key Highlights

  • 0.1148‑acre, full brick 6‑unit apartment building built in 1916
  • Three 2‑bedroom, 1‑bath units in the north portion and three 1‑bedroom, 1‑bath units in the south portion
  • Each unit has an individual furnace/A‑C plus its own water tank

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Carpet & Flooring Store

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

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

749
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit full-brick building in MULTI zoning with individual furnaces/A-C and water tanks.
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: 0.1148‑acre, full brick 6‑unit apartment building built in 1916; Three 2‑bedroom, 1‑bath units in the north portion and three 1‑bedroom, 1‑bath units in the south portion; Each unit has an individual furnace/A‑C plus its own water tank
More about this property
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