NOT LISTED FOR SALE

8229 S Eberhart Ave Chicago, IL 60619

Chatham Neighborhood
9 Beds
6 Baths
7,518 Sq Ft
5,580 Sq Ft Lot

Sale Details

Date Sold: September 22, 2025

Last sale price $415,500 $55 Per Sq Ft

83 Days on Market

About This Home

As of September 2025

Don't miss out on this remarkable investment opportunity in the vibrant Chatham area! This meticulously cared-for property features six occupied units, each home to long-term tenants, making it a solid income-producing asset. The versatile finished basement can be utilized for additional living space or possible extra rental income. Rich historic details, including hardwood floors, charming fireplaces, and intricate trim work, highlight the property's character. Recent improvements, such as energy-efficient vinyl windows and updated bathrooms, provide an excellent mix of classic charm and modern amenities. With a spacious laundry area, a 4-car brick garage, and a pristine interior and exterior, this property stands out. Located conveniently near local shops and public transport, this is a rare chance for savvy investors to secure a unique and profitable property in Chatham. Take advantage of this chance to transform this space into your next lucrative investment!

Last Agent to Sell the Property

Lizette Delgado

Realty of America, LLC License #475154753 Listed on: 05/17/2025

Realty of America, LLC

Last Buyer's Agent

Claudy Fervil

ERA Partners License #475196520

ERA Partners
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1922

Lot Details

  • 5,580 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 7,518 Sq Ft Home
  • 3-Story Property
  • 6 Fireplaces
  • Finished Basement

Utilities

  • Window Unit Cooling System
  • Radiator
  • 200+ Amp Service
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $40
  • Insurance Expense $112
  • Trash Expense $115
  • Water Sewer Expense $350
  • Gross Income $55,260
  • Net Operating Income $33,645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,027

Year Built

Built in 1922

Lot Details

5,580 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: 1922
  • Built Before 1978 (Y/N): Yes
  • Information: No Sign on Property
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Fireplaces: 6
  • Fireplaces: 2
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof Structure: Flat
  • Misc Outside: Enclosed Porch,Enclosed Stairs

Garage/Parking

  • Outdoor Parking: Parking-Street
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Service - 101 to 200 Amps, Service - 201 to 600 Amps
  • Heat/Ventilation: Radiators
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 115
  • Water Sewer Expenses: 350

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 5580
  • Lot Size Sq Ft: 5580
  • Zoning: MULTI
  • Land Amenities: Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 7518

Multi Family

  • Net Operating Income: 33645
  • Insurance Expense: 112
  • ElectricExpense: 40
  • GrossIncome: 55260
  • NumberOfUnitsTotal: 6
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 5027.3
  • Tax Year: 2023

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
May 17, 2025
Closed on
Sep 19, 2025
Sold by
Melissa Llc
Bought by
Seller's Agent
Lizette Delgado
Realty of America, LLC
Buyer's Agent
Claudy Fervil
ERA Partners
List Price
$415,000
Sold Price
$415,500
Premium/Discount to List
$500
0.12%
Views
274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,850
Outstanding Balance
$289,770
Interest Rate
10.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 24, 2019
Closed on
Jan 3, 2020
Sold by
Love Phyllis and Hickman Ruth
Bought by
Melissa Llc
Seller's Agent
Adam Zawada
Mazamz Realty Group LLC
Buyer's Agent
Marshall Pettygrove
Compass
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Jun 9, 1995
Sold by
Lewis James and Lewis Ethel
Bought by
Hickman Ruth
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Chatham, IL

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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
$415,500 Fidelity National Title
Melissa Llc $325,000 Fidelity National Title
Hickman Ruth $205,000 Chicago Title Insurance Co
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 $290,850
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
09/22/2025 09/22/25 Sold $415,500 +0.1% $55 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
07/29/2025 07/29/25 For Sale $415,000 0.0% $55 / Sq Ft
07/13/2025 07/13/25 Pending -- -- --
05/17/2025 05/17/25 For Sale $415,000 +27.7% $55 / Sq Ft
01/07/2020 01/07/20 Sold $325,000 -3.0% -- View Prior Sale
11/27/2019 11/27/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $335,000 0.0% --
09/05/2019 09/05/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $335,000 -4.3% --
07/24/2019 07/24/19 For Sale $349,999 -- --
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 $5,275 $41,500 $4,185 $37,315
2024 $5,275 $41,500 $4,185 $37,315
2023 $5,142 $25,000 $6,975 $18,025
2022 $5,142 $25,000 $6,975 $18,025
2021 $5,027 $25,000 $6,975 $18,025
2020 $3,041 $13,652 $5,022 $8,630
2019 $3,117 $15,514 $5,022 $10,492
2018 $3,065 $15,514 $5,022 $10,492
2017 $5,451 $25,323 $4,464 $20,859
2016 $5,072 $25,323 $4,464 $20,859
2015 $4,640 $25,323 $4,464 $20,859
2014 $4,834 $26,054 $3,906 $22,148
2013 $4,739 $26,054 $3,906 $22,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12368511

Midwest Real Estate Data (MRED)
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