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6455 S Eberhart Avenue

Chicago, IL 60637
  • $195,500
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 11453566
$195,500
  • 5
    BEDS
  • 0.07
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,222
    SQFT
  • $88
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1893
County:

School Ratings & Info

School District:
299

Description

Welcome to red hot Woodlawn! This sizable SFH is located in one of Chicago's fastest appreciating neighborhoods - Woodlawn! This 5 bedroom, 2.5 bath multi-level home includes 2,200+ square feet of living space and a bonus lower level in law-suite! Home was updated in 2019 with new separated utilities and a private parking pad! Other noteworthy features include - central air, laundry lookups and lower-level entry and exit access points! Tons of equity upside as renovated single-family homes within a mile radius are selling on the retail market for $280,000+. For even more equity upside and return on investment, convert this SFH into a multi-unit - similar style 2-flats are selling on the retail market for upwards of $324,000! Looking for cash flow!? - Renovated 2-bed/1-bath apartments in Woodlawn can rent for $1,600+ per month! Renovated 3-bed/1-bath apartments can rent for $1,900+ per month. These rents will provide a non-owner-occupied investor with $61,200 in annual gross revenue! * This opportunity is also perfect for an FHA 203K buyer looking to "House Hack" by living in one unit and letting the tenant pay for the lion share of the monthly mortgage and expenses. Property is tenant occupied with one long term section 8 tenant and one market tenant in the lower level of the home (both tenants are month-to-month with no leases in place). Excellent location - minutes from the Lakefront, proximity to The University of Chicago, Dan Ryan (express way), Red Line (CTA), Jackson Park Hospital, shopping centers and much more! Woodlawn is one of the fastest evolving neighborhoods in Chicago with developments such as The Obama Presidential Library, The "Woodlawn Central'' project - an equitable mixed-use urban district, and the Tiger Woods Golf Course! Buy in this neighborhood now while you still can! Property will be sold "AS-IS", no exceptions. ((OPEN THIS SUNDAY 7/17 @ 2:30PM-3:30PM!))

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2022-08-09T23:58:28.887 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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6455 S Eberhart Avenue Chicago, IL 60637

  • Price: $195,500
  • Status: Active
  • On Site: 37 Days
  • MLS #: 11453566
5
Beds
2
Baths
1
½ Baths
0.07
Acres
2,222
SQFT
$88
$/SQFT
1893
Built
Neighborhood:
Chi - Woodlawn
County:
Cook
Area:
Chi - Woodlawn
School District:
299
Property Description
Welcome to red hot Woodlawn! This sizable SFH is located in one of Chicago's fastest appreciating neighborhoods - Woodlawn! This 5 bedroom, 2.5 bath multi-level home includes 2,200+ square feet of living space and a bonus lower level in law-suite! Home was updated in 2019 with new separated utilities and a private parking pad! Other noteworthy features include - central air, laundry lookups and lower-level entry and exit access points! Tons of equity upside as renovated single-family homes within a mile radius are selling on the retail market for $280,000+. For even more equity upside and return on investment, convert this SFH into a multi-unit - similar style 2-flats are selling on the retail market for upwards of $324,000! Looking for cash flow!? - Renovated 2-bed/1-bath apartments in Woodlawn can rent for $1,600+ per month! Renovated 3-bed/1-bath apartments can rent for $1,900+ per month. These rents will provide a non-owner-occupied investor with $61,200 in annual gross revenue! * This opportunity is also perfect for an FHA 203K buyer looking to "House Hack" by living in one unit and letting the tenant pay for the lion share of the monthly mortgage and expenses. Property is tenant occupied with one long term section 8 tenant and one market tenant in the lower level of the home (both tenants are month-to-month with no leases in place). Excellent location - minutes from the Lakefront, proximity to The University of Chicago, Dan Ryan (express way), Red Line (CTA), Jackson Park Hospital, shopping centers and much more! Woodlawn is one of the fastest evolving neighborhoods in Chicago with developments such as The Obama Presidential Library, The "Woodlawn Central'' project - an equitable mixed-use urban district, and the Tiger Woods Golf Course! Buy in this neighborhood now while you still can! Property will be sold "AS-IS", no exceptions. ((OPEN THIS SUNDAY 7/17 @ 2:30PM-3:30PM!))
Exterior Features

Exterior Building Type Frame Is Parking Included In Price Yes Lot Size Less Than .25 Acre Parking Details Space/S Parking Features Off Alley Parking Onsite Yes Parking Ownership Owned Parking Total 4 Types 2 Stories Waterfront YN No

Interior Features

Approximate Finished Sq Ft 0 Basement FinishedSleeping AreaWalk-Up Access Basement Bathrooms YN Yes Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 5 Cooling Central Air Heating Natural GasForced Air Interior Features First Floor BedroomIn-Law ArrangementFirst Floor Full Bath Laundry Features Gas Dryer Hookup Room Type Bedroom 5 Rooms Bedroom 5 (Walkout Basement) Bedroom 2 (Main) Bedroom 3 (Second) Bedroom 4 (Walkout Basement) Dining Room (Main) Kitchen (Main) Laundry (Walkout Basement) Living Room (Main) Master Bedroom (Main) Rooms Total 8 Total Sq Ft 0 Unfinished Sqft 0

Property Features

Age 100+ Years Association Fee 0 Association Fee Frequency Not Applicable Association Fee Includes None Built Before1978 YN Yes Corporate Limits Chicago Disability Access And Or Equipped No General Information None Master Association Fee Frequency Not Required Master Association Fee YN No Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2019 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3553.15 Tax Year 2020 Township Hyde Park Type Detached Single Water Source Public

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Straight-A Realty, Llc.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2022-08-09T23:58:28.887 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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