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4810 S Union Avenue, Chicago, IL 60609

$424,900

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  • 8 BedroomBeds
  • 2 BathroomBaths
  • Sqft
  • 0Acres
  • Multi-FamilyType
  • ActiveStatus
  • 12579737MLS#
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Property Description 4810 S Union Avenue, Chicago, IL, 60609

2-Unit Investment Opportunity - Strong Upside Potential Well-maintained two-unit property with immediate income growth opportunity. Both units offer spacious layouts, making this an attractive rental property for long-term tenants. The first-floor unit features a flexible 4 bedroom layout. A long-term tenant with below-market rent is vacating, providing the ability to reset rent to current market rates and significantly improve cash flow. The second-floor unit offers 3 - 4 bedrooms and is currently vacant, allowing investors to immediately place a tenant at market rent or owner-occupy while generating income from the other unit. Each unit includes: In-unit laundry facilities, Separate newer HVAC, Brand-new water heaters, Additional updates include a newer roof, minimizing near-term capital expenses. With both units turning over, this property presents a rare opportunity to stabilize at full market rent from day one. Ideal for investors seeking a solid asset with upside potential, strong rental demand, and major mechanical updates already completed.



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Property Details 4810 S Union Avenue, Chicago, IL, 60609

  • On Market Date: 02/27/2026
  • Year Built: 1889
  • MLS#: 12579737
  • Type: Multi-Family
  • Status: Active
  • Price: $424,900
  • City: Chicago
  • State: IL
  • Zip: 60609
  • County: Cook
  • Development: NO
  • Date Last Updated: 04/27/2026

Bedrooms

  • Beds: 8

Bathrooms

  • Total Bathrooms: 2
  • Basement: Yes
  • Pool: NO
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Heating: Natural Gas

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