7356 S Eberhart Ave Chicago, IL 60619
Park Manor NeighborhoodEstimated payment $3,195/month
About This Home
Exceptional corner brick 6-unit investment opportunity in a strong rental area. This fully occupied building features updated mechanicals, including conversion from radiator heat to forced air and a newer hot water tank. The property offers multiple basement areas, providing additional storage or value-add potential. Exterior improvements include an updated rear porch and a parking pad for tenant convenience. Solid structure with classic brick construction and stable tenancy in place. Significant upside through rental increases, unit updates, and operational improvements. Ideal for investors seeking immediate cash flow with long-term appreciation and value-add potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,795
Year Built
- Built in 1920
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 25x125
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- 6 Fireplaces
- Fire and Smoke Detector
- Unfinished Basement
Utilities
- Radiator
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $365
- Fuel Expense $3,629
- Insurance Expense $7,451
- Manager Expense $3,309
- Trash Expense $2,400
- Water Sewer Expense $1,300
- Operating Expense $29,702
- Gross Income $73,200
- Net Operating Income $43,498
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 | $3,165 | $38,800 | $5,524 | $33,276 |
| 2024 | $3,165 | $38,800 | $5,524 | $33,276 |
| 2023 | $3,085 | $15,001 | $7,673 | $7,328 |
| 2022 | $3,085 | $15,001 | $7,673 | $7,328 |
| 2021 | $3,016 | $14,999 | $7,672 | $7,327 |
| 2020 | $4,140 | $18,583 | $7,672 | $10,911 |
| 2019 | $4,243 | $21,117 | $7,672 | $13,445 |
| 2018 | $4,171 | $21,117 | $7,672 | $13,445 |
| 2017 | $3,423 | $15,900 | $6,751 | $9,149 |
| 2016 | $6,088 | $30,397 | $6,751 | $23,646 |
| 2015 | $5,570 | $30,397 | $6,751 | $23,646 |
| 2014 | $5,904 | $31,820 | $5,524 | $26,296 |
| 2013 | $1,165 | $31,820 | $5,524 | $26,296 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/03/2026 04/03/26 | Price Changed | $479,999 | -4.0% | -- | |
| 04/01/2026 04/01/26 | For Sale | $499,999 | +214.5% | -- | |
| 07/29/2015 07/29/15 | Sold | $159,000 | -30.9% | -- | View Prior Sale |
| 06/19/2015 06/19/15 | Pending | -- | -- | -- | |
| 03/28/2014 03/28/14 | For Sale | $230,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12607540
APN: 20272170390000
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 IDX listings have been excluded from this website.
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