NOT LISTED FOR SALE

6741 S Eberhart Ave Chicago, IL 60637

West Woodlawn Neighborhood
10 Beds
5 Baths
-- Sq Ft
4,356 Sq Ft Lot

Last Sold August 13, 2021

Last sale price $525,000

12 Days on Market

About This Home

As of August 2021

80% Occupied, center entrance 5 unit property. Compromised of 11beds and 6baths. Six car parking pad in a quickly appreciation location. Building has updated electrical and plumbing.In unit laundry, stainless steel appliances and modern baths. Current rents average $1400.00 monthly.This property presents investors with multiple value add strategies. All units are very spacious and features hardwood flooring throughout.WELL MAINTAINED.

Last Agent to Sell the Property

Tameka McClellon

Tameka McClellon License #471022512 Listed on: 05/26/2021

Last Buyer's Agent

Tracy Levy

Exit Strategy Realty License #475188809

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1906

Lot Details

  • 4,356

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $1,100
  • Other Expense $500
  • Trash Expense $700
  • Water Sewer Expense $2,800
  • Operating Expense $14,147
  • Gross Income $74,400
  • Net Operating Income $59,853

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,866

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1906
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Courtesy Key
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Room: 0

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls,Gas

Fee Information

  • Trash Expense: 700
  • Water Sewer Expenses: 2800

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4712
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 59853
  • Insurance Expense: 1100
  • GrossIncome: 74400
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 14147
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 2866.3
  • Tax Year: 2019

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2021 08/13/21 Sold $525,000 -4.5% --
06/07/2021 06/07/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $550,000 +395.5% --
03/13/2014 03/13/14 Sold $111,000 +23.5% -- View Prior Sale
02/14/2014 02/14/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $89,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tameka McClellon

    Seller's Agent in 2021

    Tameka McClellon

    Tameka McClellon

    (773) 217-3963

    2 in this area

    38 Total Sales

    Tameka McClellon
    Section Image
  • Tracy Levy

    Buyer's Agent in 2021

    Tracy Levy

    Exit Strategy Realty

    (224) 551-5551

    1 in this area

    26 Total Sales

    Tracy Levy
    Section Image

  • J

    Seller's Agent in 2014

    Jeff Mrozek

    Crosstown Realtors, Inc.

    (708) 889-2923

    45 Total Sales

    Jeff Mrozek
    Section Image

  • A

    Buyer's Agent in 2014

    Averrel Avery

    Crosstown Realtors, Inc.

    (708) 359-6912

    45 Total Sales

    Averrel Avery
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11101310

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60637 West Woodlawn

6741 S Eberhart Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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