7121 South Union Avenue

Chicago, IL 60621

$350,900
Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

THIS CASH TURNKEY Is Back On The Market ~ Because The Deal Fell Apart. So Somebody Else's Loss Is Someone Gain... The F. H. A. Appraise Value is $350,000. ON THIS TURKNEY - Welcome to 7121 South Union Ave, a fantastic multi-family property already generating income. This recently updated gem features three separate units. But! This is a two-flat with a garden unit that brings in an additional $1,200. Or just make it that much needed Man Cave, and a spacious two-car garage, making it a lucrative investment...THIS CASH TURNKEY Is Back On The Market ~ Because The Deal Fell Apart. So Somebody Else's Loss Is Someone Gain... The F. H. A. Appraise Value is $350,000. ON THIS TURKNEY - Welcome to 7121 South Union Ave, a fantastic multi-family property already generating income. This recently updated gem features three separate units. But! This is a two-flat with a garden unit that brings in an additional $1,200. Or just make it that much needed Man Cave, and a spacious two-car garage, making it a lucrative investment opportunity. You have the opportunity to generate consistent rental income. This property allows for flexibility in maximizing your investment returns. Ideally situated in a sought-after neighborhood, offering convenience and access to a wealth of amenities. Residents will appreciate being within close proximity to dining options, shopping centers, and recreational facilities. The area is also well-served by schools, medical facilities, and public transportation. Schedule a viewing today and envision the possibilities this property holds for you!
  1. Listed by Monica Poland • RE/MAX 10 Lincoln Park

Property Details for 7121 South Union Avenue

Area
CHI - Englewood
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

Listing Courtesy of RE/MAX 10 Lincoln Park
Add your commute
LISTING UPDATED: 04/29/2024 01:31 PM

Property Details for 7121 South Union Avenue

StatusContingent
MLS #11914403
Days on Market189
Taxes$1,782 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1894
Lot Size0.12 AC / 5,227 SF
CountyCook County

Location

Listing Courtesy of RE/MAX 10 Lincoln Park
Add your commute

Building Information for 7121 South Union Avenue

Stories-Residences2Year Built1894Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$2,064 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,915

Property Taxes

$149

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7121 South Union Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 35 X 155
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 7100
  • East Coordinate: 0
  • West Coordinate: 700
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 4
  • Document Date: 2023-10-24T18:41:46
  • Photos Count: 20
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,827.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: VAC
Unit 2
  • Unit Type Actual Rent: $1,827.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: VAC

Property History for 7121 South Union Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7121 South Union Avenue

Taxable ValueLand$2,658Additions$1,344Total$4,002
Tax Record2022$823 ($69 / month)
Home Facts
Baths2Total Finished SqFt2,260 SqFtAbove Grade Finished SqFt2,260 SqFtStories2Lot Size5,425 SqFtStyleMulti-Family Res (5+ Units)Year Built1896CountyCOOKAPN20-28-102-006

Schools near 7121 South Union Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
MAGIC JOHNSON-NTH LAWNDALE HS
Public9 to 12

EXCEL ACADEMY - ENGLEWOOD HS
Public8 to 12

Robeson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 10 Lincoln Park

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.