6031 S Eberhart Ave - Multi-Family FOR SALE


Chicago, IL 60637- Washington Park
$850,000 USD
773-293-5090
6031 S Eberhart Ave, Chicago, IL for Sale
$850,000 USD
Multi-Family - FOR SALE
1/5
null | 8.67% Cap Rate

6031 S Eberhart Ave
Chicago, IL 60637
Washington Park


HIGHLIGHTS

  • Gut Renovated Units
  • Six (6) Spacious 3Bd/1Ba Units
  • Individual Furnaces & Hot Water Tanks
  • Modern Kitchens w/ Granite Countertops & Stainless Steel Appliances
  • 100% Copper Plumbing
  • New Electric, Porches & Full Tear Off Roof

OVERVIEW

Kiser group is pleased to exclusively present for purchase 6031 S. Eberhart, a rarely available six (6) unit building in Chicago’s West Woodlawn neighborhood. The property sits adjacent to Hyde Park and is just blocks away from the prestigious University of Chicago. Additionally, the asset is just blocks from the developing site of the Obama Presidential Library. Sitting on a premier block, 6031 S. Eberhart is uniquely comprised of six (6) total units, all of which are incredibly spacious and feature an abundance of condo-quality upgrades. The unit mix is currently made up of six (6) 3Bd/1Ba. Units feature an open floorplan with hardwood flooring throughout, high-end kitchens with granite countertops and stainless steel appliances, and modern bathrooms with custom finishes. Additional improvements to the building include, but are not limited to: 100% copper plumbing, updated porches, individual HVAC & hot water tanks, and in-unit washer/dryers. 6031 S. Eberhart presents an investor the opportunity to acquire a rarely available building in one of Chicago’s fastest growing and rapidly expanding neighborhoods. Additionally, this opportunity presents immediate scale, and an investor will realize a positive, cash flowing asset from day one.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$104 USD /SF

# OF UNITS

6

PRICE/UNIT

$141,667

CAP RATE

8.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-5

APN/PARCEL ID

20-15-403-012-0000

ASK ABOUT THIS PROPERTY

Noah BirkKiser GroupMore Info
773-293-5090

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Noah BirkKiser GroupMore Info
773-293-5090

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.