6434 South Eberhart Avenue

Chicago IL 60637

0.07 ac.

Multi-Family

Currently for sale - view listing

Overview

INVESTOR SPECIAL IN WEST WOODLAWN. Solid two flat with 4 bedrooms and 1 bath in each unit, a rare bedroom count that rents itself. The second floor unit is already leased at $1,850 per month, giving you income from day one. The first floor unit is a clean canvas needing cosmetic updating, and that is where the upside lives. The big ticket items are already handled. Full tear off roof in 2025 and new furnaces in 2026, so your budget goes toward finishes and value add, not mechanicals and emergencies. Run the numbers your way. House hack: live in one unit and let the tenant above cover the note. Rehab and rent both for full market income. Or duplex the first floor down to the basement and create a spacious owner's unit with a layout that actually functions for modern living. The block is moving. New construction has broken ground at the end of the street, and 6430 S. Eberhart sold for $582,000 in late January. West Woodlawn is minutes from the Obama Presidential Center, the University of Chicago, and Lake Shore Drive, and values are following. Sold as is. Bring your vision and your contractor. Your window to get into West Woodlawn is right now.

Features

8 bedrooms

2 bathrooms

4 carspaces

0.07 ac. lot size

Multi-Family

Property history for 6434 South Eberhart Avenue

2020

Sold

$285,000

07 Aug 2020 by Patryk Klima, of Chicagoland Brokers Inc.

2010

Sold

$20,000

10 May 2010 by Arthur Cirignani, of Chicago Realty Partners, Ltd

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