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3405 S Union St
Multi-Family
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$1,124,000

3405 S Union St, Chicago

194+ days
12 bd·6 ba·0 sqft
Built 18803,125 sqft lotBridgeport

3405 S Union St, Chicago, IL

12 bd · 6 ba · 0 sqft Multi-Family listed at $1,124,000, built in 1880 in the Bridgeport neighborhood.

About this home

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.

Property details

Price
$1,124,000
Bedrooms
12
Bathrooms
6
Year built
1880
Lot size
3,125 sqft
Type
Multi-Family
Days on market
194
Est. property tax
$23,379/yr · $1,948/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($224,800)
Interest rate6.75%
Principal & Interest$5,832
Property Tax$1,030
Insurance$150
Total$7,013/mo

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Price history

2.2%Most recent change on 2026-04-27: $1,124,000$1,099,000.

$1.21M$1.15M$1.09M$1.20M on Oct 25 (Initial list)$1.12M on Mar 26 (Price change)$1.10M on Apr 26 (Price change)
$1.20M · Oct 25$1.10M · Apr 26
  1. Apr 27, 2026$1,099,000Price change
  2. Mar 24, 2026$1,124,000Price change
  3. Oct 13, 2025$1,199,000Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60616)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 37.6; 26% hold a bachelor's degree; median household income is $72,326.

Median income
$72,326
Median age
37.6
Owner-occupied
37.9%
Bachelor's degree
25.7%
Census median home value
$391,100

Source: US Census Bureau American Community Survey 5-year estimates.

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