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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12607540MLS Provider

7356 S Eberhart AvenueChicago, IL 60617

Commercial · 6 Beds · 0.14 Acres
$479,999 Active

7356 S Eberhart Avenue Overview

Time on Site:
89 days
Visits:
0

Fully Occupied, Exceptional corner brick 6-unit investment opportunity in a strong rental area. This fully occupied building features updated mechanicals, including conversion from radiator heat to forced air and a newer hot water tank. The property offers multiple basement areas, providing additional storage or value-add potential. Exterior improvements include an updated rear porch and a parking pad for tenant convenience. Solid structure with classic brick construction and stable tenancy in place. Significant upside through rental increases, unit updates, and operational improvements. Ideal for investors seeking immediate cash flow with long-term appreciation and value-add potential.

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7356 S Eberhart Avenue Facts & Features

  • Type Commercial
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 365
  • Fuel Expense: 0
  • Gross Income: 73200
  • Gross Scheduled Income: 43498
  • Insurance Expense: 7451
  • Maintenance Expense: 0
  • Net Operating Income: 43498
  • Operating Expense: 29702
  • Trash Expense: 2400
  • Water Sewer Expense: 1300

Building Information

  • Year Built: 1920

Business Information

  • Current Use: Multi-Family

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $7,795.19
  • Tax Year: 2024

General Information

  • Parcel Number: 20272170390000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Basement: Unfinished
  • Electric: Circuit Breakers
  • Fireplaces Total: 6
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Acres: 0.14
  • Lot Size Dimensions: 25X125

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

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

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 0
  • Baths Total: 1
  • Units Total: 0

Unit 3 Details

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

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 2

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

7356 S Eberhart Avenue Neighborhood

Community

60617 (CHICAGO) Demographics

37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
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.

7356 S Eberhart Avenue Monthly Cost

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$
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.

7356 S Eberhart Avenue Market Data

Based on the last 30 days in this zip code

$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

7356 S Eberhart Avenue History

Date Event Value Agent
5/27/2026Source: MRED Status Change
Active
5/22/2026Source: MRED Status Change
Re-activated
5/22/2026Source: MRED Status Change
Contingent
4/8/2026Source: MRED Status Change
Active
4/3/2026Source: MRED Price Reduction
$479,999 -4.0%
4/3/2026Source: MRED Status Change
Price Change
4/1/2026Source: MRED Added to Database
April 01, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022