7140 S Eberhart Ave Chicago, IL 60619
Park Manor NeighborhoodEstimated payment $2,082/month
Highlights
- 2 Car Detached Garage
- Enclosed Patio or Porch
- Paved or Partially Paved Lot
About This Home
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. 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.
Open House Schedule
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Saturday, March 07, 20262:00 to 4:00 pm3/7/2026 2:00:00 PM +00:003/7/2026 4:00:00 PM +00:00Open House: Rare Grand Crossing 2-Flat! Solid brick, move-in ready owner's unit + income-producing second floor. House hack your way to ownership - live in one, rent the other. 2-car garage, fenced yard with patios, hardwood floors, updated kitchen & bath upstairs. Near hospitals, parks, expressway & Obama Center. Sold AS-IS. A smart buy with built-in upside.Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,717
Year Built
- Built in 1923
Parking
- 2 Car Detached Garage
- Parking Available
- Parking Included in Price
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Additional Features
- Basement Fills Entire Space Under The House
- Enclosed Patio or Porch
- Paved or Partially Paved Lot
- Heating System Uses Natural Gas
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,676 | $18,500 | $3,718 | $14,782 |
| 2024 | $2,676 | $18,500 | $3,718 | $14,782 |
| 2023 | $2,587 | $16,000 | $5,164 | $10,836 |
| 2022 | $2,587 | $16,000 | $5,164 | $10,836 |
| 2021 | $2,548 | $15,999 | $5,163 | $10,836 |
| 2020 | $2,170 | $12,841 | $5,163 | $7,678 |
| 2019 | $2,243 | $14,593 | $5,163 | $9,430 |
| 2018 | $2,311 | $15,133 | $5,163 | $9,970 |
| 2017 | $3,492 | $19,596 | $4,544 | $15,052 |
| 2016 | $3,425 | $19,596 | $4,544 | $15,052 |
| 2015 | $3,591 | $19,596 | $4,544 | $15,052 |
| 2014 | $3,162 | $17,041 | $3,717 | $13,324 |
| 2013 | $3,099 | $17,041 | $3,717 | $13,324 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/01/2026 03/01/26 | For Sale | $344,900 | +342.2% | -- | |
| 10/15/2014 10/15/14 | Sold | $78,000 | +4.0% | -- | View Prior Sale |
| 07/25/2014 07/25/14 | Pending | -- | -- | -- | |
| 07/12/2014 07/12/14 | Price Changed | $75,000 | +20.0% | -- | |
| 07/07/2014 07/07/14 | For Sale | $62,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12571938
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Ask me questions while you tour the home.