6022-24 S Eberhart Ave
Chicago, IL 60637
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 10,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1910/2016 |
| Building Class | C | Parking Ratio | 0.6/1,000 SF |
| Zoning | RM-5 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 10,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2016 |
| Parking Ratio | 0.6/1,000 SF |
| Zoning | RM-5 |
About 6022-24 S EBERHART AVE , CHICAGO, IL 60637
Monarch Realty Partners is pleased to exclusively offer for purchase, a value-add, center-entrance, 8-flat in the attractive Woodlawn neighborhood of Chicago. The offering consists of six 3-bedroom/1-bathroom units and two 1-bedroom/1-bathroom, garden units. There is also garage parking in the back of the property for six cars. The building is currently vacant except for one unit and needs to be rehabbed. This is a true value-add opportunity. An investor will have the opportunity to acquire and renovate a classic center-entrance building at an attractive basis while generating strong returns. The apartment building is located in the Woodlawn neighborhood just to the south of Washington Park and just west of the University of Chicago's Hyde Park campus. The property is also due west of the future Home of the Obama Presidential Library, a half billion dollar project expected to boost activity and development in the area. Real estate company Redfin just named it one of Chicago's hottest neighborhoods for 2017, and Curbed readers voted it the best neighborhood of 2016. The King Drive Green Line "L" stop is also a short 4-block walk to the southwest.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 6 | - | 1,300 |
| 2+1 | 2 | - | 800 |
Property Taxes
| Parcel Number | 20-15-402-016-0000 | Improvements Assessment | $48,516 |
| Land Assessment | $7,813 | Total Assessment | $56,329 |
Property Taxes
