Englewood Multifamily Investment Opportunity

7317 S Union Avenue, Chicago, IL 60621

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For Sale

$465,000

MULTI_FAMILY - Chicago, IL

Lot size:

0.11 Acres

HighLights

Full brick 6‑unit building with good curb appeal.
Potential to add 2 more units in the full basement with existing furnace and rough plumbing.
Three units are updated with new kitchens, hardwood floors, and stainless steel appliances.
Each unit has individual furnaces/A/C and water tank.
Located near multiple CTA bus routes and the 79th St. Red Line station, and the Gresham Metra Station.
Mix of unit types: three 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units.

We can help!

Listing Contact

Mark Ahmad

For Sale

$465,000

MULTI_FAMILY - Chicago, IL

Lot size:

0.11 Acres

Added:: Feb 26, 2026
Days on Market:: 110
Last Refresh:: Jun 16 at 9:06 pm

Property Features for 7317 S Union Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: MULTI
Bedrooms: 27
Bathrooms: 21
Rooms: Bathroom 17, Bathroom 19, Bedroom 10, Bathroom 1, Bathroom 4, Bathroom 6, Bathroom 21, Bedroom 26, Bedroom 23, Bedroom 13, Bedroom 25, Bedroom 9, Bedroom 22, Bathroom 13, Bathroom 8, Bedroom 15, Bedroom 14, Bathroom 3, Bedroom 24, Bedroom 27, Bedroom 19, Bathroom 20, Bedroom 8, Bedroom 4, Bedroom 5, Bedroom 20, Bathroom 15, Bedroom 3, Bedroom 21, Bedroom 18, Bathroom 16, Bedroom 6, Bedroom 16, Bedroom 11, Bathroom 5, Bedroom 7, Bathroom 7, Bedroom 17, Bathroom 10, Bathroom 14, Bedroom 12, Bathroom 9, Bathroom 18, Bathroom 11, Bathroom 12, Bedroom 2, Bathroom 2, Bedroom 1
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

We can help!

Listing Contact

Mark Ahmad

Listing agent Mark Ahmad License #471007186

Listing office Century 21 Circle 3372 W Devon Ave, Chicago, IL

Listing date Feb 26, 2026

MLS# 12576409 Listing URL

HighLights

Full brick 6‑unit building with good curb appeal.
Potential to add 2 more units in the full basement with existing furnace and rough plumbing.
Three units are updated with new kitchens, hardwood floors, and stainless steel appliances.
Each unit has individual furnaces/A/C and water tank.
Located near multiple CTA bus routes and the 79th St. Red Line station, and the Gresham Metra Station.
Mix of unit types: three 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units.

Overview

Located in the Englewood neighborhood on Chicago's South Side, this six-unit building offers an investment opportunity in a well-known residential area. The property is situated near the Greater Grand Crossing and Park Manor community areas, with convenient access to several CTA bus routes, including Routes 8/Halsted and 79th St., as well as the 79th St. Red Line rapid transit station. The Metra's Gresham Station on the Rock Island District Line is also nearby. The full brick building features curb appeal and comprises three 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Each unit is equipped with individual furnaces, A/C, and a water tank. The north portion of the building contains the 2-bedroom units, while the south portion houses the 1-bedroom units. Three units have been updated with new kitchens, hardwood floors, and stainless steel appliances. The full basement presents the possibility of adding or creating two more units, with a furnace and rough plumbing already in place. The property is located within minutes of major roads and Lake Shore Drive. The lot size is 0.1148 acres. One of the south units is occupied by a CAH tenant with a monthly lease of $1,010, but utilities are paid by the landlord.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

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Location Insight

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.641519
Latitude: 41.761024

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For sale
Apartment buildings
IL
Chicago
60621
7317 S Union Avenue

What type of property is this?

Apartment building - Six-unit building in Chicago's Englewood neighborhood with expansion potential.

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 good curb appeal.; Potential to add 2 more units in the full basement with existing furnace and rough plumbing.; Three units are updated with **new kitchens, hardwood floors, and stainless steel appliances.**

7317 S Union Avenue, Chicago, IL 60621

MULTI_FAMILY - Chicago, IL

Property Features for 7317 S Union Avenue

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Chicago Industrial Flex Warehouse

West Town Corner Retail Space

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Chicago Commercial Buildings For Sale

Chicago Commercial Space for Sale

Fulton River District Commercial Loft

Wicker Park Corner Retail Building

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