Please stand by.
USDAProperties.com is preparing the eligibility details...

 

 

 

$350,900   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
7121 S Union Ave
Chicago, IL 60621
8 bed 3 bath unknown SqFt ($0/SqFt)
5,227SqFt lot. Built 1894
Listed 2023-10-23, Taxes $804
Ⓧ USDA Ineligible
due to location

near Chicago

THIS CASH TURNKEY Is Back On Th Market ~ Because The Deal Fell Apart.

* No Longer For Sale *
Your browser will attempt to redirect you to the city level in a few seconds.

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 make it that much needed Man Cave and a open 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 acc ess 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!


Presented by MONICA L. POLAND C.D.P.E., CNC, CSC at
RE MAX 10 Lincoln Park.
Listing Agent Photo

Property MLS #11914403 from MRED

Bedrooms: 8
Bedrooms Possible: 8

Total Rooms: 20
Basement Features: Full
Basement Description: Finished

Total Bathrooms: 3
Full Bathrooms: 3

Heating Features: Natural Gas

Lot Size Acres: 0.12
Lot Size Dimensions: 35 X 155
Lot Size Square Feet: 5227

Garage Spaces: 2
Garage Description: Detached
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 299

Dr. Martin Luther King, Jr. Academy of Social Justice is a public elementary and middle school located approximately 0.1 miles away.
directions icon Map directions

New Jerusalem Scholars Academy is a private elementary school located approximately 0.2 miles away.
directions icon Map directions

MAGIC JOHNSON-NTH LAWNDALE HS is a public high school located approximately 0.4 miles away.
directions icon Map directions

Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved

Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 7
Unit 1 Total Actual Rent: 1827
Unit 2 Total Actual Rent: 1827

Annual Tax Amount: 1782.35
Source Listing Status: Closed
County: Cook
Directions: HALSTED TO 72ND (E) TO UNION (S) TO PROPERTY
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 20281020060000
Township: Hyde Park
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$1,344 + $2,658
$4,002
$804
2020$3,933 + $4,068
$8,001
$1,782
2019$5,024 + $4,068
$9,092
$1,826
2018$5,024 + $4,068
$9,092
$1,795
2017$8,062 + $3,526
$11,588
$2,494
2016$8,062 + $3,526
$11,588
$2,320
2015$8,062 + $3,526
$11,588
$2,123
2014$9,344 + $3,255
$12,599
$2,337
2013$9,344 + $3,255
$12,599
$2,291
2012$9,344 + $3,255
$12,599
$2,260
2011$10,802 + $4,068
$14,870
$2,409
2010$10,802 + $4,068
$14,870
$2,419
2009$10,802 + $4,068
$14,870
$2,318
2007$14,007 + $3,905
$17,912
$2,543
2006$14,007 + $3,905
$17,912
$2,571

Sold 2024-06-21
$350,000
MRED
Price Changed 2024-02-20
$350,900
MRED
Listed 2023-10-23
$329,900
MRED

Year Built: 1894
Property Age: 130

Sewer: Public Sewer
Water Source: Lake Michigan

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.