7157 S Eberhart Avenue Chicago IL 60619 MLS #MRD12064733

9.7% In-Place Cap Rate with potential to increase current below market rents. Gross Income $82.464. All brick 8 unit in Grand Crossing neighborhood. Less than block away from the 71st & Eberhart bus stop, blocks away from Chicago’s 69th train stop, this property sits between the I-94 Express and I-90 interstate which both provide for quick and convenient transportation. This 8 unit has a unique unit mix of apartments and is comprised of two 3Bd/2Ba units, two 2Bd/1Ba unit, and four 0/1Ba studios. All have hardwood flooring throughout with an open style concept. This property has been well kept and is ready for its next investor or owner occupant. Property is being sold As-Is.

Property Details

Price:
$410,000
MLS #:
MRD12064733
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
7157 S Eberhart Avenue
Type:
Commercial
Neighborhood:
chigreatergrandcrossing
City:
Chicago
Listed Date:
May 24, 2024
State:
IL
ZIP:
60619
Year Built:
1927

Schools

Interior

Cooling
None

Exterior

Financial

Net Operating Income
$72,348
Tax Year
2022
Taxes
$1,769

Listing Agent & Office

Kaela Clay
Hunter’s Realty, Inc.

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