6235 S Eberhart Ave., Chicago, IL 60637

6235 S Eberhart Ave., Chicago, IL 60637
Photo 1 of 1
$585,000
Sold on 12/05/22
Beds Baths Sq. Ft. Taxes Built
7 0.00 0 $3,396.55 1910
On the market: 0 days
View full details, 15 photos, school info, and price history
***Sold on the Private Listing Network*** Prepare yourself for this Magnificently Renovated, Legal Brick 3-Unit Multi-Family coming soon to Woodlawn! Sizable is an understatement, boasting over 4,000 square feet of living space, this 3-Unit is a dream residence! Unit layout: (Two 2-Bed, 1-Bath Units and One 3-Bed, 1-Bath Unit). Perfect for "House Hacking - Live for Free" or an "Armchair Investor" looking to maximize cash flow upsides. Modern Open Floor Plan Design! A+ Renovation! Practically New Construction - this will allow the new owner to enjoy their investment with minimal maintenance for the next 20+ years! Property has been gutted to the studs, professionally and tastefully designed with all the modern trimmings and top of the line finishes! Each unit is very spacious with oversized living rooms, high ceilings, recessed lighting, in-unit washer and dryer, XL bedrooms, luxurious bathrooms, central heating and cooling and a completely reimagined kitchen layout with a dishwasher and new SS appliances! New windows, New plumbing, New electrical, New duct work, and New solid hardwood floors throughout the entire building! Unit-2 and Unit-3 come equipped with a decorative fireplace and a large dining room/kitchen combo. Other anticipated amenities include, brand new back porch build out, new concrete parking pad, 3 new water-heaters, tuckpointing throughout and restored cement sidewalk and steps. BONUS FEATURE: Unit-3 has exclusive balcony access! ***Tremendous cash flow potential*** A renovated 2-bed/1-bath apartment in Woodlawn can rent for $1,600+ per month! Renovated 3-bed/1-bath apartments can rent for $1,900+ per month. These rents will provide a non-owner-occupied investor with $61,200 in annual gross revenue! This property is walking distance from Washington Park, Minutes from the Lakefront, proximity to The University of Chicago, Dan Ryan, Red Line, Jackson Park and much more! Woodlawn is one of the fastest developing neighborhoods in Chicago with quickly developing projects like the Obama Presidential Library, The "Woodlawn Central'' project - an equitable mixed-use urban district, Tiger Woods golf course and much more! Join the wave now while you still can! **Just wait until you see the finished product! ** This property will not disappoint and will not last long!
Listing courtesy of Michael Applegate, Straight-A Realty, LLC