Listing provided courtesy of Flats, LLCMREDas Distributed by MLSGrid- MLS# 12645407MLS Provider

8018-8020 S Eberhart AvenueChatham, IL 62629

Commercial · 1 Bed
$825,000 Active

8018-8020 S Eberhart Avenue Overview

Time on Site:
48 days
Visits:
0

Interra Realty LLC has been exclusively engaged to present 8018-20 S. Eberhart Ave for sale. A center entrance, 13 unit multi family asset featuring all 1 BD/1 BA units with spacious floor plans. Located in Chicago's South Side in the Chatham submarket, the property has been pridefully maintained and managed by a long term ownership group and presents a significant value add component by bringing rents to market levels upon tenant turnover. Current ownership has updated all units and has made significant cap-ex improvements including an updated roof, porches, electric, plumbing, and windows. A qualified investor has the opportunity to acquire a turn key, well managed, stabilized asset in one of Chicago's fastest appreciating submarkets with the ability to continue to increase rents to the top of the market.

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8018-8020 S Eberhart Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 2600
  • Electric Expense: 1006
  • Fuel Expense: 14976
  • Gross Income: 137100
  • Insurance Expense: 11040
  • Maintenance Expense: 2600
  • Net Operating Income: 57716
  • Operating Expense: 55148
  • Trash Expense: 2846
  • Water Sewer Expense: 11082

Building Information

  • Year Built: 1925

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Chatham

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $15,108.00
  • Tax Year: 2024

General Information

  • Parcel Number: 20342090220000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25 X 100

General Information

  • Number Of Units Total: 13

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 13

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 0
  • Units Total: 0

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

8018-8020 S Eberhart Avenue Neighborhood

Community

62629 (Chatham) Demographics

36
Median Age
377
Population Density (per sq. mile)
61%
College Educated
$98,982
Estimated Median Income
4,355
Estimated Total Home Owners
1,003
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8018-8020 S Eberhart Avenue Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8018-8020 S Eberhart Avenue Market Data

Based on the last 30 days in this zip code

$402,637
Average List Price
$161
Average Price per Square Foot
0
Properties Sold
37
Average Days on Market
48
Properties for Sale
Calculations provided by Reliance Network

8018-8020 S Eberhart Avenue History

Date Event Value Agent
5/17/2026Source: MRED Status Change
Active
5/12/2026Source: MRED Added to Database
May 12, 2026