Log In/Sign Up
Your email has been sent.
6044 Eberhart ave 6044 Eberhart ave 3 Unit Apartment Building $859,000 ($286,333/Unit) 7.54% Cap Rate Chicago, IL 60637
Executive Summary
Gorgeous NEW Construction 3-unit in prime Woodlawn Location. Set alongside 3 other New Developments by the same developer and with rent and sales comps already established. Modern design with the perfect blend of city living and convenience. Each unit has a spacious, open-concept layout and condo-quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, in-unit laundry. Each unit is a large 3 bed/ 2 bath, with a luxury master bathroom at the rear and extra built-out storage closets. The units will rent easily and proforma rents are $7,200/month. The top unit features a vaulted ceiling and decorative railings for an added touch of luxury. Located in the vibrant Woodlawn neighborhood, this property offers unbeatable convenience, 2 minute walk to CTA line and easy access to Washington Park, Jackson Park, the lakefront, beaches, and harbor. The highly anticipated Obama Presidential Center will further enhance this thriving community, already known for its unique dining, coffee shops, and nearby grocery stores. Prime investment opportunity, positioned for cash flow, appreciation, and creating generational wealth in one of Chicago's most exciting neighborhoods. Can arrange property management for any out-of-state buyers.
Property Facts
| Price | $859,000 | Building Class | B |
| Price Per Unit | $286,333 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 3,750 SF |
| Cap Rate | 7.54% | Average Occupancy | 0% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $859,000 |
| Price Per Unit | $286,333 |
| Sale Type | Investment |
| Cap Rate | 7.54% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 3,750 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2026 |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | $2,400 | 1,250 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 20-15-402-022-0000 | Improvements Assessment | $0 |
| Land Assessment | $7,000 | Total Assessment | $7,000 |
Property Taxes
Parcel Number
20-15-402-022-0000
Land Assessment
$7,000
Improvements Assessment
$0
Total Assessment
$7,000
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
6044 Eberhart ave | 6044 Eberhart ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.