Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Hunter's Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12064733MLS Provider

7157 S Eberhart AvenueChicago, IL 60619

Commercial · 8 Beds · 0.14 Acres
$410,000 Active

7157 S Eberhart Avenue Overview

Time on Site:
761 days
Visits:
5

9.7% In-Place Cap Rate with potential to increase current below market rents. Gross Income $82.464. All brick 8 unit in Grand Crossing neighborhood. Less than block away from the 71st & Eberhart bus stop, blocks away from Chicago's 69th train stop, this property sits between the I-94 Express and I-90 interstate which both provide for quick and convenient transportation. This 8 unit has a unique unit mix of apartments and is comprised of two 3Bd/2Ba units, two 2Bd/1Ba unit, and four 0/1Ba studios. All have hardwood flooring throughout with an open style concept. This property has been well kept and is ready for its next investor or owner occupant. Property is being sold As-Is.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

7157 S Eberhart Avenue Facts & Features

  • Type Commercial
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 780
  • Fuel Expense: 2616
  • Gross Income: 82464
  • Gross Scheduled Income: 82464
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 72348
  • Operating Expense: 10116
  • Trash Expense: 1980
  • Water Sewer Expense: 4740

Building Information

  • Year Built: 1927

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Greater Grand Crossing

Rent/Lease Information

  • Tenant Pays: Electricity, All Utilities

Tax Information

  • Tax Annual Amount: $1,769.00
  • Tax Year: 2022

General Information

  • Parcel Number: 20272020170000
  • Property Type: Commercial Sale

Interior

General Information

  • Cooling: None
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Size Dimensions: 50' X 124'

General Information

  • Number Of Units Total: 8

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 4

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2
  • Baths Total: 2
  • Units Total: 2

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

7157 S Eberhart Avenue Neighborhood

Community

60619 (Chicago) Demographics

42
Median Age
10,192
Population Density (per sq. mile)
35%
College Educated
$40,762
Estimated Median Income
12,181
Estimated Total Home Owners
15,093
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
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.

7157 S Eberhart Avenue Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* 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.

7157 S Eberhart Avenue Market Data

Based on the last 30 days in this zip code

$215,577
Average List Price
$140
Average Price per Square Foot
34
Properties Sold
82
Average Days on Market
178
Properties for Sale
Calculations provided by Reliance Network

7157 S Eberhart Avenue History

Date Event Value Agent
4/1/2026Source: MRED Status Change
Active
3/27/2026Source: MRED Status Change
Re-activated
9/8/2025Source: MRED Status Change
Contingent
8/6/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Price Reduction
$410,000 -8.9%
7/31/2025Source: MRED Status Change
Price Change
5/11/2025Source: MRED Status Change
Active
5/6/2025Source: MRED Status Change
Re-activated
1/7/2025Source: MRED Status Change
Active
1/2/2025Source: MRED Status Change
Re-activated
10/26/2024Source: MRED Status Change
Active
10/21/2024Source: MRED Price Reduction
$450,000 -14.3%
10/21/2024Source: MRED Status Change
Price Change
7/15/2024Source: MRED Status Change
Active
7/10/2024Source: MRED Price Reduction
$525,000 -29.5%
7/10/2024Source: MRED Status Change
Price Change
5/29/2024Source: MRED Status Change
Active
5/29/2024Source: MRED Added to Database
May 29, 2024