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7304 S Union Avenue, Chicago
$400,000
12547144 MLS ⋅ CLOSED Status
Pleased to present 7304 S. Union Avenue, a 6-unit multifamily investment opportunity located on Chicago's South Side. Offered at a purchase price of $430,000, this apartment property provides investors with immediate cash flow, strong in-place returns, and a clear pathway to value enhancement through lease-up and rent optimization. The property consists of a balanced unit mix of (3) one-bedroom / one-bathroom units averaging approximately 1,075 SF and (3) twobedroom / one-bathroom units averaging approximately 1,305 SF, totaling roughly 7,140 rentable square feet on a 0.11-acre lot. Originally constructed in 1914, the building benefits from large floor plans that support competitive rent growth relative to the surrounding market. The asset generates the potential for $80,400 in gross scheduled rent once the remaining 3 units are occupied, producing an effective gross income of $76,380 after a conservative vacancy assumption. Our team is also assisting with backfilling the available units to prove the pathway to profit. At stabilized operations, the property delivers a Net Operating Income (NOI) of $44,032, equating to a compelling 10.24% in-place cap rate. Upon stabilizing occupancy and achieving market rents, projected Year 1 gross scheduled rent increases to $102,508, with NOI growing to approximately $62,246, supporting a pro forma cap rate of 14.48%. Operating expenses are efficiently managed at approximately 42.4% of effective gross income in-place, improving to 36.1% at stabilization, driven by scale efficiencies and increased income rather than aggressive expense assumptions. The investment is underwritten with conservative vacancy, realistic market rents, and no assumed capital expenditures, making it well-suited for both value add and cash-flow-oriented investors. With favorable pricing at approximately $71,667 per unit and $60 per square foot, 7304 S. Union Ave presents an attractive entry point into the Chicago multifamily market, offering strong yield, upside through lease-up, and long-term appreciation potential. This offering represents an ideal opportunity for investors seeking high cash-on-cash returns, operational upside, and a scalable multifamily asset in a supply-constrained urban submarket.

7304 S Union Avenue, Chicago

6944 S Racine Avenue, Chicago
$188,000
3 Beds ⋅ 1 Baths ⋅ 12566672 MLS ⋅ CLOSED Status
Beautifully Updated Home with Modern Touches & Room to Personalize Welcome to this charming 3-bedroom, 1-bath home that's been mostly remodeled and is full of potential! Step inside to an open layout featuring sleek modern flooring and an abundance of natural light throughout. The spacious living and dining areas flow effortlessly, making it perfect for entertaining or relaxing at home. The updated bathroom features stylish new fixtures, and the kitchen is just waiting for your final personal touches to bring it to life. A full basement offers endless possibilities-create a home gym, office, or extra living space. Enjoy outdoor living in the private backyard, ideal for gatherings or peaceful evenings. Whether you're a first-time buyer or looking to add your own style, this home is move-in ready and full of opportunity. Motivated seller - make your appointment now! This home is just waiting for you to call it your own.

6944 S Racine Avenue, Chicago

5740 S Elizabeth Street, Chicago
$349,000
8 Beds ⋅ 4 Baths ⋅ 12556844 MLS ⋅ CLOSED Status
Welcome to this beautiful legal. 2 flat building with 4 level of living spaces. Perfect investment opportunity! Building was recently renovated. 1st floor has 2 bedroom, dining room and nice living room. New modern kitchen and bathroom. Stainless steel appliances. 2nd floor has 3 bedrooms, dinning and living room with an extra small room, this could be an office space. Kitchen and bathroom updated and with Stainless steel appliances. Full finish attic, 1 bedroom with kitchen and full updated bathroom. Perfect for the in-laws. Basement with 2 bedrooms and kitchen and full updated bathroom. All floors have their own laundry area. Building has new roof new siding and updated plumbing and electricity. 1 car garage. Come and see it, you will not be disappointed!

5740 S Elizabeth Street, Chicago

1472 W 74Th Street, Chicago
$192,000
3 Beds ⋅ 2 Baths ⋅ 12534148 MLS ⋅ CLOSED Status
Welcome Home to this beautiful brick single story home, in the City of Chicago! A block away from shopping, your local Walmart Neighborhood Market is one minute away. This lovely single story home offers 4 bedrooms, 1.5 bathrooms, and a layout designed for modern living. From the open floor plan to the laminate flooring and newer ceiling fans. The ktichen features quartz counter tops with a breakfast bar and eat in dining. A separate formal dining room with a spacious living room combo. Pleasantly sized bedrooms with hardwood floorings. Downstairs, the finished basement expands your living space with a spacious family room, a fourth bedroom, laundry room, and a second bathroom. Well maintained mechnicals. Outside, enjoy a private fenced yard, a 2-car brick garage. Solar panels that covers your monthly energy usage. Enjoy really low taxes, making this the perfect and affordable move in ready home! Reach out to schedule your appointment today!

1472 W 74Th Street, Chicago

Chicago
$430,000
9 Beds ⋅ 5 Baths ⋅ 12531972 MLS ⋅ CLOSED Status
BEAUTIFUL 2 UNIT SITTING ON A 200FT LOT, 3 CAR GARAGE, CARPORT FOR BOAT AND SIDE DRIVE. THIS UNIQUE GRAYSTONE PROPERTY IS HUGH, 12FT CEILINGS, NEW HARDWOOD FLOORS THROUGHOUT, NEW DOUBLE DECK BACK PORCH, NEW KITCHEN ON 1ST FLOOR, NEW FURNACE, NEW CEILING FANS, ROD IRON FENCE, FRESHLY PAINTED, 4 BDRMS ON SECOND FLR, 3 BDRMS ON FIRST FLOOR, EACH UNIT HAS LR, DR, FAMILY ROOM, KITCHEN AND MORE, BOTH UNITS HAVE THE ORIGINAL WOOD BURNING FIREPLACES, PROPERTY BOAST OF ORIGINAL WOOD TRIM, STEAMROOM SHOWER, JACCUZI TUB, FINISHED BASEMENT WITH WET BAR, 2 ADDL BEDROOMS, 3 FULL BATHS, 2-1/2 BATHS, SEPARATE UTILITIES, CENTRAL AIR 1ST FLOOR & BASEMENT, 1ST FLOOR CAN BE DUPLEXED, BEAUTIFUL FLOWERS AND GARDENING OPPORTUNITIES, TOO MUCH TO NAME! FIRST TIME HOME BUYERS, WE ARE WORKING WITH LENDERS WHO HAVE GRANTS TO ASSIST WITH CLOSING COST!

Chicago

7256 S May Street, Chicago
$400,000
6 Beds ⋅ 3 Baths ⋅ 12556202 MLS ⋅ CLOSED Status
Magnificent renovated two-flat with non-conforming garden apartment on a double lot & ultra low property taxes! This rehabbed beauty will check off all the boxes! Starting at the three-bedroom unit on the second level - all new everything. On-trend kitchen and bathroom with shower-tub & chic finishes. White shaker cabinets, black subway tile, new stainless steel appliances - timeless designs and colorways. Easy to clean and maintenance-free laminate flooring stretches throughout all three levels of the property. Heading down to the second level, the finishes and layout continue, with two bedrooms, a full bathroom, and the same on-trend design throughout. Downstairs, you head into the fully equipped garden apartment - perfect for an in-law space, with an excellent kitchen equipped with all stainless steel appliances, a full bathroom with shower, a large bedroom, and an open layout with surprising amounts of natural light entering the space. Have peace of mind knowing all of the mechanicals, plumbing, electrical, lighting, roof, siding, and more have all been done for you! This property is composed of two fenced-in city lots, a 2-car garage, firepit area, and just an all-around perfect space for gatherings & entertaining. Come see for yourself why 7256 S May is the perfect property for house hackers, investors, and more!

7256 S May Street, Chicago



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