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Listing provided courtesy of CHICAGO HANDSHAKE LLCMREDas Distributed by MLSGrid- MLS# 12483018MLS Provider

3405 S Union StreetChicago, IL 60616

Commercial · 9 Beds
$1,099,000 Active

3405 S Union Street Overview

Time on Site:
260 days
Visits:
6

Solid brick 6-unit income property near Sox Park! Front and back 4 room 2 bedroom and 1 bath units. Buildings with new windows and Separate GHF, easy to rent. Three units feature updated kitchens and baths, while three others have stable, long-term tenants. Excellent location close to restaurants, shops, and businesses along Halsted and 35th Street. A great opportunity for investors seeking steady income and future upside in a growing area

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3405 S Union Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 413
  • Fuel Expense: 0
  • Gross Income: 81132
  • Gross Scheduled Income: 81132
  • Insurance Expense: 1793
  • Maintenance Expense: 5831
  • Net Operating Income: 46284
  • Operating Expense: 34848
  • Trash Expense: 0
  • Water Sewer Expense: 1600

Building Information

  • Year Built: 1880

Location/Region

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

Tax Information

  • Tax Annual Amount: $10,760.00
  • Tax Year: 2023

General Information

  • Parcel Number: 17331200260000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Basement: Finished
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25x125
  • Lot Size Square Feet: 3125

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

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

Unit 2 Details

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

Unit 3 Details

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

Unit 4 Details

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

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 7 Details

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

3405 S Union Street Neighborhood

Community

60616 (CHICAGO) Demographics

38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
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.

3405 S Union Street Monthly Cost

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$
$
Jim Luxem Jr
* 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.

3405 S Union Street Market Data

Based on the last 30 days in this zip code

$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network

3405 S Union Street History

Date Event Value Agent
5/2/2026Source: MRED Status Change
Active
4/27/2026Source: MRED Price Reduction
$1,099,000 -2.2%
4/27/2026Source: MRED Status Change
Price Change
3/29/2026Source: MRED Status Change
Active
3/24/2026Source: MRED Price Reduction
$1,124,000 -6.3%
3/24/2026Source: MRED Status Change
Price Change
10/18/2025Source: MRED Status Change
Active
10/13/2025Source: MRED Added to Database
October 13, 2025