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7120 S Eberhart Avenue Chicago, IL 60619 Multi Unit - Multiple New

New - 18 Hours Ago
  • 7120 S Eberhart Avenue , Chicago, IL 60619 Main Photo

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Description

Charming 2-Unit Property with Endless Potential! Welcome to this meticulously maintained 2-unit home, built in 1915, which offers a wonderful opportunity for investors or single family home buyers seeking a great home, a 2nd income, or combo of both. Beautiful wood floors and beautiful wood molding/trim throughout. 9ft ceilings, beautiful staircase. Bathrooms updated within the last 4 years. Roof silver membrane redone in last 3 years. enclosed back porch. Full basement, with coin laundry machines Two car, detached garage, back yard with two sitting areas.. 2nd floor- 2br/1ba, 1st floor- 1BR/1BA, as a single family- 5BR/3BA building, with full basement. Tree lined street, close to train and bus lines.....Potential homeowners, with the simple removal of just two doors, it can easily be transformed back into a charming single-family home, with 5 bedroom..... Take a drive thru area, and see the numerous properties have that and are being rehabbed... Hyde Park neighborhood, the New President Obama Museum, the planned Tiger Woods designed golf course and Regal Miles Movie Production studio and South Shore Cultural center all within a 15 minute bike ride away. Current long term, month to month tenants, who are aware of sale and wish to continue to stay, (seller can show past, on time rent payments). COMPS for rentals in this area are easily $3,500 total (after garden unit completion). Tenants are aware of possible rent increase, upon sale. Don't miss out on this unique opportunity. Schedule your showing today and explore the potential that this property has to offer. With a motivated seller eager to close, this property is ideal for investors and single family buyers, seeking a turnkey income producing, or large family home.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 3
Bathrooms: 3
County: Cook
Listed By:
RE/MAX Premier 773-966-5962
MRED MLS
$199,999
Est. $1,299/mo
3beds
3baths
2cars
New to the Market New
BEDS3 BATHS3 full MLS#12584420
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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7120 S Eberhart Avenue , Chicago, IL 60619.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $199,999$199,999$199,999
Down Payment $40,000$7,000$50,000
Monthly Mortgage Amount $921$1,146$1,196
Taxes $278$278$278
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$88$0
Monthly Estimated Total $1,299$1,612$1,574

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