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Eight-Unit Apartment Building
For Sale
$410,000

7157 S Eberhart Avenue, Chicago, IL 60619

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market823

Property Features for 7157 S Eberhart Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 10
Full bathrooms 10
Rooms Bathroom 6, Bathroom 4, Bedroom 9, Bathroom 10, Bathroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 8, Bedroom 1, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 9, Bedroom 10, Bedroom 3, Bathroom 7, Bathroom 8
Directions S to 72nd st. E to Eberhart. Property on the NE corner of 72nd st and Eberhart
Subdivision CHI - Greater Grand Crossing
Standard status Active
APN 20272020170000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 1769

Building Details

Year built 1927
Floors in Building 2
Number of units 8
Listing Agency: Hunter's Realty, Inc.
Listed By: Kaela Clay · License #475190154
Added: May 24, 2024 Changed: Aug 20 Last Checked: Aug 24 at 7:06AM
MLS# 12064733

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 1927, this all-brick apartment property contains eight units on a 0.14-acre lot. The layout includes two 3-bedroom/2-bath apartments, two 2-bedroom/1-bath apartments, and four studio units with 1 bath. Hardwood flooring and open-style interiors are featured throughout. The property is offered as-is and carries a 9.7% in-place cap rate.

Transit access includes the 71st & Eberhart bus stop less than a block away and Chicago’s 69th train stop within several blocks. I-94 Express and I-90 provide regional highway access from the surrounding area. The address is 7157 S Eberhart Avenue in Chicago’s Grand Crossing neighborhood.

Key Highlights

  • Eight‑unit apartment property with a 9.7% in‑place cap rate
  • Unit mix includes two 3Bd/2Ba, two 2Bd/1Ba, and four 0/1Ba studios
  • All‑brick construction with hardwood flooring throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair Carpet & Flooring Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,123
Businesses Nearby

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All-brick apartments offer hardwood floors, open-plan interiors, and a mix of studios and larger residences.
Where is this apartment building located?
The property is located at 7157 S Eberhart Avenue 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: Eight‑unit apartment property with a 9.7% in‑place cap rate; Unit mix includes two 3Bd/2Ba, two 2Bd/1Ba, and four 0/1Ba studios; All‑brick construction with hardwood flooring throughout
More about this property
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