$320,000
6417 S Eberhart Avenue
Chicago, IL, 60637
Value-Add 2-Unit in Woodlawn – Great for Investors or House Hackers Located in the rapidly developing Woodlawn neighborhood, this 2-unit building offers immediate income with room to grow. The property was cosmetically rehabbed in 2022, including updates such as new flooring, fresh paint, and updated kitchen cabinets. The top-floor unit is a spacious 4 bed / 1 bath, currently tenant-occupied with guaranteed rent payments through CHA. The first-floor unit is a vacant 3 bed / 1 bath, perfect for an owner-occupant or ready to lease. An unfinished basement offers excellent value-add potential. Zoned to allow for a 3rd unit conversion or the option to duplex down with the first-floor unit-providing flexibility for increased cash flow or a larger living space. Great opportunity for investors or owner-occupants looking to build equity and generate rental income in one of Chicago’s most promising neighborhoods.
Property Details
Price:
$320,000
MLS #:
MRD12388733
Status:
Active
Beds:
7
Baths:
2
Address:
6417 S Eberhart Avenue
Type:
Multi Family
Neighborhood:
CHI – Woodlawn
City:
Chicago
Listed Date:
Jun 10, 2025
State:
IL
ZIP:
60637
Schools
School District:
299
Elementary School:
Fiske Elementary School
Middle School:
Fiske Elementary School
High School:
Hyde Park Career Academy Senior
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
On Site
Parking Spots
1
Financial
Tax Year
2023
Taxes
$2,765
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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6417 S Eberhart Avenue
Chicago, IL
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