8100 Eberhart Avenue

    Chicago, IL 60619
    • $637,500
    • STATUS: Active
    • ON SITE: 309 days
    • MLS #: 10024346
    UPDATED: 25 min ago
    $637,500
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    Finally back on the market after spending the winter updating apartments and various building improvements. 447 E 81st St aka 8100 S Eberhart is a 12-unit brick apartment building, located in Chatham. Along with numerous improvements, the building is priced at a true 8% cap rate. Out of state sellers have enjoyed owning this property and are now looking for larger opportunities. This is the perfect low-maintenance starter investment property for someone moving up from the 2-4 market or someone looking to expand their portfolio of similar property size. See Offering Memorandum & Survey under "Additional Information."

    Monthly Payment Calculator



    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Property Consultants Realty. Based on information submitted to the MRED as of 2019-05-25T16:51:55.587 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.propertyconsultants.com/homes/85786188

    8100 Eberhart Avenue Chicago, IL 60619

    • Price: $637,500
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 10024346
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1926
    Built
    Neighborhood:
    Chi - Chatham
    County:
    Cook
    Area:
    Chi - Chatham
    Property Description
    Finally back on the market after spending the winter updating apartments and various building improvements. 447 E 81st St aka 8100 S Eberhart is a 12-unit brick apartment building, located in Chatham. Along with numerous improvements, the building is priced at a true 8% cap rate. Out of state sellers have enjoyed owning this property and are now looking for larger opportunities. This is the perfect low-maintenance starter investment property for someone moving up from the 2-4 market or someone looking to expand their portfolio of similar property size. See Offering Memorandum & Survey under "Additional Information."
    Exterior Features

    Frontage Access City StreetPublic Road Lot Dimensions 60 X 124 Number Of Parking Spaces 0

    Interior Features

    Basement Description Unfinished Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 2 Number Of Bedrooms Unit2 1 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dishwashers 0 Number Of Dryers 0 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Ranges 12 Number Of Refrigs 12 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 4 Number Of Rooms Unit2 4 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 3 Number Of Units Apt Type2 9 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 0 Repairs Decor Expense 5400

    Property Features

    Age Older Built Before1978 YN Yes Current Use Residential-Multi-Family Electric Expense Source Actual Electricity Expense 874 Expense Year 2018 Fuel Expense 10801 Fuel Expense Source Actual Gross Rental Income Amount 111108 Heat Ventilation Steam Insurance Expense 4800 Insurance Expense Source Actual Janitor Expense 0 Janitor Expense Source Actual Monthly Income Max1 885 Monthly Income Max2 800 Net Oper Income Amount 50986 Net Operating Income Year 2018 Other Expense Source Combination Other Expenses 1610 Potential Use Residential-Multi-Family Tax Year 2017 Taxes 10658 Tenant Pays Electric Total Annual Exp 52344 Total Annual Expense Source Combination Total Annual Income 111108 Total Monthly Income 9259 Township Hyde Park Type Multi Family FlatsCondo/Townhouse Washer Dryer Lsd YN No Water Expense 7912 Water Expense Source Actual Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties Commercial.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Property Consultants Realty. Based on information submitted to the MRED as of 2019-05-25T16:51:55.587 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Property Consultants Realty
    2200 N Damen Ave.
    Chicago IL, 60647