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7157 S Eberhart Ave Chicago, IL 60619

Under Contract
For Sale
$410,000

Commercial Sale - Chicago, IL

Lot size:
0.14 Acres
Days on Market:
94
Last Refresh:
Dec 10 at 10:06 am

Property Features for 7157 S Eberhart Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active Under Contract
APN
20272020170000
Lot size
0.14 Acres

Building Details

Year built
1927
Number of units
8
Architectural style
Other

Hunter's Realty, Inc. (708) 628-2900 [email protected]

Listing agent Kaela Clay (708) 628-2900 License #475190154

Listing date Sep 8, 2025

MLS# 12064733 Listing URL

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Chicago Multifamily Investment Opportunity

This all-brick, 8-unit multifamily property is located in Chicago's Grand Crossing neighborhood. The property features a unit mix of two 3-bedroom/2-bathroom apartments, two 2-bedroom/1-bathroom apartments, and four studio apartments. Each unit features hardwood flooring and an open-style concept. The property is less than a block from the 71st & Eberhart bus stop and blocks from Chicago's 69th train stop. Its location between the I-94 Express and I-90 interstate provides convenient transportation access. The property is being sold As-Is and presents an opportunity for investors or owner-occupants. The property has a 9.7% in-place cap rate, with potential to increase current below-market rents. The gross income is $82,464.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.612623
Latitude
41.76473

FAQs

What type of property is this?
Apartment building - All brick 8-unit building with high cap rate potential.
Where is this apartment building located?
The property is located at 7157 S Eberhart Ave Chicago, IL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: - 9.7% In-Place Cap Rate with potential to increase rents.; - All brick 8-unit building.; - Convenient transportation access: near bus stop, train stop, I-94 and I-90.
More about this property
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