NOT LISTED FOR SALE

7959 S Eberhart Ave Chicago, IL 60619

Chatham Neighborhood
12 Beds
6 Baths
6,349 Sq Ft
5,730 Sq Ft Lot

Sale Details

Date Sold: October 6, 2023

Last sale price $537,114 $85 Per Sq Ft

42 Days on Market

About This Home

As of October 2023

Fully Occupied Turn Key 6 Unit Building! Convenient opportunity for an investor. 5 units Occupied with Subsidized voucher holders. 1 unit with market tenant. Each unit has individual Furnaces. Tenant pays their own electric and heat. Low utility expenses! Great Investment Opportunity! Coin Laundry in the basement. Two current vacancies have Pending Cha voucher applications. Once process is complete building will have 5 subsidized tenants and 1 market tenant.

Last Agent to Sell the Property

George Filippidis

Delta Realty, Corp. License #471020824 Listed on: 06/26/2023

Last Buyer's Agent

Rafay Qamar

Real Broker LLC License #475158420

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,457

Year Built

  • Built in 1928

Lot Details

  • 5,730 Sq Ft Lot
  • Lot Dimensions are 46 x 124

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,349 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $485
  • Fuel Expense $5,155
  • Insurance Expense $3,670
  • Trash Expense $936
  • Water Sewer Expense $5,500
  • Operating Expense $25,470
  • Gross Income $83,532
  • Net Operating Income $58,062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,457

Year Built

Built in 1928

Lot Details

5,730 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1928
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Show-Special Instructions
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 936
  • Water Sewer Expenses: 5500

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.13
  • Lot Dimensions: 46 X 124
  • Lot Size Sq Ft: 5730
  • Zoning: MULTI

Rental Info

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

Building Info

  • BuildingAreaTotal: 6349

Multi Family

  • Net Operating Income: 58062
  • Fuel Expense: 5155
  • Insurance Expense: 3670
  • ElectricExpense: 485
  • GrossIncome: 83532
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 25470
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 5457.39
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Sep 14, 2023
Sold by
Bought by
Seller's Agent
George Filippidis
Delta Realty, Corp.
Buyer's Agent
Rafay Qamar
Real Broker LLC
List Price
$550,000
Sold Price
$537,114
Premium/Discount to List
-$12,886
-2.34%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,500
Interest Rate
0.0718%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 5, 2021
Sold by
Bought by
Seller's Agent
Karla Mina
MPower Residential Brokerage LLC
Buyer's Agent
George Filippidis
Delta Realty, Corp.
List Price
$300,000
Sold Price
$307,000
Premium/Discount to List
$7,000
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.65%

Purchase Details

Closed on
Sep 5, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
0.0393%
Mortgage Type
Commercial

Purchase Details

Closed on
May 24, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
0.0662%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
0.0687%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
0.0691%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$537,500 Fidelity National Title
$307,000 Old Republic Title
$300,000 Attorneys Title Guaranty Fun
-- Ctic
$500,000 --
$175,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $429,500
Previous Owner $240,000
Previous Owner $305,000
Previous Owner $312,000
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2023 10/06/23 Sold $537,114 -2.3% $85 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $550,000 +79.2% $87 / Sq Ft
04/26/2021 04/26/21 Sold $307,000 +2.3% -- View Prior Sale
02/28/2021 02/28/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $300,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,802 $48,400 $4,284 $44,116
2024 $4,802 $48,400 $4,284 $44,116
2023 $4,681 $22,759 $7,140 $15,619
2022 $4,681 $22,759 $7,140 $15,619
2021 $5,457 $27,139 $7,140 $19,999
2020 $3,882 $17,424 $5,140 $12,284
2019 $3,978 $19,801 $5,140 $14,661
2018 $3,911 $19,801 $5,140 $14,661
2017 $5,051 $23,465 $4,569 $18,896
2016 $4,700 $23,465 $4,569 $18,896
2015 $4,300 $23,465 $4,569 $18,896
2014 $4,362 $23,512 $3,998 $19,514
2013 $4,276 $23,512 $3,998 $19,514
Source: Public Records

Agents Affiliated with this Home

  • George Filippidis

    Seller's Agent in 2023

    George Filippidis

    Delta Realty, Corp.

    (773) 879-0853

    11 in this area

    217 Total Sales

    George Filippidis
    Section Image
  • Rafay Qamar

    Buyer's Agent in 2023

    Rafay Qamar

    Real Broker LLC

    (773) 232-5871

    2 in this area

    1,070 Total Sales

    Rafay Qamar
    Section Image
  • Karla Mina

    Seller's Agent in 2021

    Karla Mina

    MPower Residential Brokerage LLC

    (312) 498-8473

    103 Total Sales

    Karla Mina
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11817052

Midwest Real Estate Data (MRED)

APN: 20342020180000

Illinois Cook County Chicago 60619 Chatham

7959 S Eberhart Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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