7140 Eberhart Avenue, Greater Grand Crossing, Chicago, Illinois 60619
$344,900
|
For Sale
|
|
| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1923 |
| Property Taxes: | $3,717 |
| Days On Market: | 3 |
| Lot Size: | 0,00 |
Description
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 OR buy with a loved one and create a family-focused environment. 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.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1923 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12607906 | |
| 20272010340000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 13 Jan, 2012 | Sold | $50,000 | MRED MLS |
| 19 Oct, 2011 | Under contract | $40,000 | MRED MLS |
| 12 Aug, 2011 | Listed for sale | $40,000 | MRED MLS |
| 15 Oct, 2014 | Sold | $78,000 | MRED MLS |
| 25 Jul, 2014 | Under contract | $75,000 | MRED MLS |
| — | Last price change | $62,500 | MRED MLS |
| 7 Jul, 2014 | Listed for sale | $62,500 | MRED MLS |
| 1 Apr, 2026 | Listed for sale | $344,900 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 4131 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2012 | $2,183 |
| 2014 | $3,058 |
| 2026 | $3,717 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
EXIT Strategy Realty
