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Image 1 - 7157 S Eberhart Ave, Chicago, Illinois, 60619 - House for sale
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Home For Sale In Chicago, Illinois
7157 S Eberhart Ave, Chicago, Illinois, 60619

Home For Sale In Chicago, Illinois

house for sale
Listed: 06/01/24

7157 S Eberhart Ave, Chicago, Illinois, 60619

Studio Bed:
5 Bath:
Save
Price
$ 745,000

About This House

9.7% In-Place Cap Rate with potential to increase current below market rents. Gross Income$82.464.All brick 8 unit in Grand Crossing neighborhood. Less than block away from the 71st and Eberhart bus stop, blocks away from Chicago's 69th train stop, this property sits between the I-94 Express and I-90 interstate which both provide for quick and convenient transportation. This 8 unit has a unique unit mix of apartments and is comprised of two 3Bd/2Ba units, two 2Bd/1Ba unit, and four 0/1Ba studios. All have hardwood flooring throughout with an open style concept. This property has been well kept and is ready for its next investor or owner occupant

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Brookline Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.