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Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12576409MLS Provider

7317 S Union AvenueChicago, IL 60621

Commercial · 9 Beds · 7,000 Sq. ft.
$465,000 Active

7317 S Union Avenue Overview

Time on Site:
124 days
Visits:
0

Located in the Englewood neighborhood on the South Side of Chicago. Well-known residential area bordered roughly by Garfield Blvd., and 75th St. Near community areas including the Greater Grand Crossing, Park Manor and several CTA bus routes such as Routes 8/Halsted, 79th St., and Rapid transit station at the 79th St., on the Red Line. The Metra station is Gresham Station, Rock Island District Line. Full brick 6-Unit building with great curb appeal consisting of: A. 3-Units each 2-bedrooms, 1-bath, individual furnaces/A/C and 1-water tank. (North portion of the building). B. 3-Units each 1-bedroom, 1-bath with individual furnaces/A/C and 1-water tank (South portion of the building). C. Full basement with the possibility to add/create 2-more units with furnace and rough plumbing in there. 3-Units are updated with new kitchens, hardwood floors and S.S. appliances. Unit # 3 South is CAH tenant with monthly lease of $1,010 but utilities are paid by landlord. Within minutes to major roads, Lake Shore Dr., and interests. Income and expenses numbers are under Additional Information. Per sellers direction and due to tenant occupied building, interior access requires buyer-per-approval in advance.

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7317 S Union Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 7,000
  • Price/Sq.ft. $66

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 418
  • Fuel Expense: 5238
  • Gross Income: 4551
  • Gross Scheduled Income: 54612
  • Insurance Expense: 6500
  • Maintenance Expense: 0
  • Net Operating Income: 23957
  • Operating Expense: 30655
  • Trash Expense: 3085
  • Water Sewer Expense: 8948

Building Information

  • Year Built: 1916

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Englewood

Tax Information

  • Tax Annual Amount: $6,430.00
  • Tax Year: 2024

General Information

  • Parcel Number: 20281150050000
  • Possible Use: Condominium
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 7000

General Information

  • Foundation Details: Concrete Perimeter
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 40x125
  • Lot Size Square Feet: 5000

Building Exterior/Construction

  • Construction Materials: Brick, Concrete

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 3

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 4

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 5

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 6

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

7317 S Union Avenue Neighborhood

Community

60621 (Chicago) Demographics

37
Median Age
7,171
Population Density (per sq. mile)
16%
College Educated
$23,019
Estimated Median Income
2,506
Estimated Total Home Owners
8,240
Estimated Total Renters
23% / 77%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7317 S Union Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7317 S Union Avenue Market Data

Based on the last 30 days in this zip code

$189,260
Average List Price
$123
Average Price per Square Foot
3
Properties Sold
85
Average Days on Market
46
Properties for Sale
Calculations provided by Reliance Network

7317 S Union Avenue History

Date Event Value Agent
3/3/2026Source: MRED Status Change
Active
2/26/2026Source: MRED Added to Database
February 26, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022