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7140 S Eberhart Avenue Chicago, IL 60619

$344,900
New / MLS# 12607906 / Multi Unit - Multiple / Chicago
4 Beds
2 Baths

This is a rare opportunity to own a Chicago 2 flat without the hassle of renovation or paying post-flip pricing. These types of properties almost never come to market! Solid brick 2-unit flat in Grand Crossing offering more than just a place to live - it presents a strategic house-hack opportunity. Live in one unit, rent the other to long-term or short-term tenants OR buy with a loved one and create a family-focused environment. Own for less than what you might pay in rent, build equity, and have long-term financial stability. | Property includes a detached 2-car garage, fenced backyard with 2 patios, outdoor electrical, and evergreen trees for privacy from the alley. The backyard is well-manicured, with a mature tree that provides shade on sunny days. Both units have outdoor porch spaces suitable for patio furniture. The property has been outfitted with custom wrought iron security doors, front and back spigots, ring cameras in front and rear, outdoor electrical, outdoor motion lights, and front porch light timer. | The first floor unit is in move-in ready for an owner-occupant. The second floor features an updated kitchen and bath, tree top views, and tons of natural light. Both units have original hardwood flooring, picture windows. | Current ownership has leveraged second floor income by renting to medical professionals seeking housing while on contract at one of the numerous hospitals in the area. This building can function as both a residence and an income-supporting asset. | Whether your goal is reducing your housing expense, generating supplemental income, or expanding your portfolio, this property offers built-in versatility. | Location Advantages: Conveniently located near Jackson Park Hospital, University of Chicago Hospital, St Bernard Hospital, Provident Hospital of Cook County, and a short distance from Advocate Trinity Hospital. The building is also situated near the Dan Ryan Expressway, a short distance to Lake Shore Drive, The Obama Library Campus, the Museum of Science and Industry, a number of grocery stores, Jackson Park, Washington Park, and easy access to the Chicago Transit Authority bus and train line. | Important Details: Property sold AS IS. A strategic opportunity for shrewd buyers who understand the power of ownership, leverage, and long-term upside.

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Baird & Warner Eric Sdrenka Agent Cell: 224.242.5922 Email

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Estimated Payment

$ 1,176.71 per month $766.44 Principal & Interest $309.67 Property Tax $100.60 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Garage: 2
Heating: Natural Gas
Lot Size: 4,131
Taxes: $3,716
Year Built: 1923

Feature Descriptions

Additional rooms: Enclosed Porch
Exterior: Brick
Lot Dimensions: 4131
Parcel#: 20272010340000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 12
Township: South Chicago
Water: Public

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: EXIT Strategy Realty

Listing Office Phone: 312-554-5478



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