6141 Eberhart Avenue, Woodlawn, Chicago, Illinois 60637
$565,000
|
For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 9 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $3,388 |
| Lot Size: | 0,00 |
Description
Legal 2-Unit Property with Potential to legalize existing Third Unit in Woodlawn! Excellent investment opportunity in Chicago's Woodlawn neighborhood, near the Obama Presidential Center and surrounding development. Currently recognized as a legal 2-unit property, the building features two main residential units plus an existing garden apartment with potential for conversion to a legal third unit. Located in an RM-5 zoning district, the property offers an opportunity to pursue legalization of the basement unit, subject to applicable building code requirements, permits, and City of Chicago approvals. The basement meets the height requirements exit door requirements and 4 gas and electrical meters. The top-floor unit is currently occupied by tenants paying $1,800 per month, providing rental income that can help mortgage payments while offering additional income potential. Renovations completed in 2024 include updates to plumbing, electrical systems, and HVAC, along with modern interior finishes. This property presents an attractive value-add opportunity for investors or owner-occupants seeking rental income and future upside in an evolving South Side neighborhood.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| — | |
| 2023 | |
| Finished, Full | |
| Brick | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| Public | |
| Public Sewer | |
| — | |
| Gas | |
| 12787657 | |
| 20154100090000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Fiske Elementary School |
299 | — | |
|
High School
Hyde Park Career Academy Senior |
299 | Not in DB | |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Other Specifics
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| Owned | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 3600 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
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| — |
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Listing Provided By
Prello Realty
