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Listed by Melissa Morganof Flats, LLC
$ 825,000
Est. payment /mo
New
8018-8020 S Eberhart Avenue Chatham, IL 62629
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12645407
Year Built 1925
Annual Tax Amount $15,108
Tax Year 2024
Lot Dimensions 25 X 100
Property Sub-Type Multi Family 5+
Property Description
Interra Realty LLC has been exclusively engaged to present 8018-20 S. Eberhart Ave for sale. A center entrance, 13 unit multi family asset featuring all 1 BD/1 BA units with spacious floor plans. Located in Chicago's South Side in the Chatham submarket, the property has been pridefully maintained and managed by a long term ownership group and presents a significant value add component by bringing rents to market levels upon tenant turnover. Current ownership has updated all units and has made significant cap-ex improvements including an updated roof, porches, electric, plumbing, and windows. A qualified investor has the opportunity to acquire a turn key, well managed, stabilized asset in one of Chicago's fastest appreciating submarkets with the ability to continue to increase rents to the top of the market.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
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