6141 S Eberhart AVE, Chicago, IL 60637
6141 S Eberhart AVE, Chicago, IL 60637
6141 S Eberhart AVE, Chicago, IL 60637
14
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$565,000
Est. payment /mo
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9 Beds
3 Baths
New

6141 S Eberhart AVE Chicago, IL 60637

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12787657

Bedrooms 9

Annual Tax Amount $3,387

Tax Year 2023

Lot Dimensions 3600

Property Sub-Type Two to Four Units

Property Description

Legal 2-Unit Property with Potential to legalize existing Third Unit in Woodlawn! Excellent investment opportunity in Chicago's Woodlawn neighborhood, near the Obama Presidential Center and surrounding development. Currently recognized as a legal 2-unit property, the building features two main residential units plus an existing garden apartment with potential for conversion to a legal third unit. Located in an RM-5 zoning district, the property offers an opportunity to pursue legalization of the basement unit, subject to applicable building code requirements, permits, and City of Chicago approvals. The basement meets the height requirements exit door requirements and 4 gas and electrical meters. The top-floor unit is currently occupied by tenants paying $1,800 per month, providing rental income that can help mortgage payments while offering additional income potential. Renovations completed in 2024 include updates to plumbing, electrical systems, and HVAC, along with modern interior finishes. This property presents an attractive value-add opportunity for investors or owner-occupants seeking rental income and future upside in an evolving South Side neighborhood.

Location

State IL

County Cook

Area Chi - Woodlawn

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Fiske Elementary School

High Schools Hyde Park Career Academy Senior

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Nayibe Garces of  Prello Realty 

Nearby Locations

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Realty Executives Premier

Realty Executives Premier

Broker License ID: RB14033486

+1(219) 405-3647

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6141 S Eberhart AVE