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5548 S Union Avenue,  Chicago IL, 60621

(Active)
$299,000
|
5 beds, 2 baths
|
MLS# 11980982
Last Updated: 5/14/2024 6:14 PM
Description for 5548 S Union Avenue Chicago, IL 60621
Turnkey property. Rehabbed solid brick 2 unit building. Perfect as an investment property OR buy as the owner and rent for additional income. Both units have been fully rehabbed in 2022. Updated plumbing and electrical. 1st floor unit features 2Beds and 1Bath. 2nd floor unit features 3Beds and 1Bath. Clean (unfinished) basement with good ceiling height allows for possible duplex down in the future. Great location just blocks from I90/94 with easy access to the City and the lake. 1 mile to CTA Red Line station. No garage, parking pad at the rear. Both units currently tenant occupied. Tenants pay their own gas, heat and electric. 48hrs notice required for showings. Showings only available Tue (PM), Thurs (PM) and Sat (AM) with appointment. Possible loan assumption available with current lender at 4.625%. YES...you read that right. Buyer must qualify with the lender, must be owner occupant. See Additional Documents on MLS for loan assumption info.
Price
$299,000
Cook
5
2
11980982
Active
Description
Turnkey property. Rehabbed solid brick 2 unit building. Perfect as an investment property OR buy as the owner and rent for additional income. Both units have been fully rehabbed in 2022. Updated plumbing and electrical. 1st floor unit features 2Beds and 1Bath. 2nd floor unit features 3Beds and 1Bath. Clean (unfinished) basement with good ceiling height allows for possible duplex down in the future. Great location just blocks from I90/94 with easy access to the City and the lake. 1 mile to CTA Red Line station. No garage, parking pad at the rear. Both units currently tenant occupied. Tenants pay their own gas, heat and electric. 48hrs notice required for showings. Showings only available Tue (PM), Thurs (PM) and Sat (AM) with appointment. Possible loan assumption available with current lender at 4.625%. YES...you read that right. Buyer must qualify with the lender, must be owner occupant. See Additional Documents on MLS for loan assumption info.
Listing Information
Property Type: Multi-Family, Other
5 2
13 0.11 Acres 1905
Brick
Hyde Park//
Brick/Mortar
Public
Public Sewer
Neighborhood
School Information
District: Phillips Academy High School
Disney Elementary School Magnet Disney Ii Magnet High School Phillips Academy High School
Room Information
Interior Features
Gas Heat, Forced Air
Unfinished, Full
Exterior / Lot Features
Off Street
Brick
Porch
Flat
5,176
MULTI
Driving Directions
Dan Ryan 90/94 to Garfield Blvd. Exit West, Proceed to Union Ave and South to the property.
Financial Considerations
20161010510000
$2,262
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60621 has a population of 2,781,445.

The median household income in Chicago, Illinois 60621 is $25,968. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60621 is 38 years.

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Courtesy: Second City Real Estate
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/14/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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