$565,000
 $3,033 est/mo Sourced by Back At You

6141 S Eberhart Avenue,Chicago, IL 60637

Chicago, IL 60637

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Description

Legal 2-Unit Property with Potential to legalize existing Third Unit in Woodlawn! Excellent investment opportunity in Chicago's Woodlawn neighborhood, near the Obama Presidential Center and surrounding development. Currently recognized as a legal 2-unit property, the building features two main residential units plus an existing garden apartment with potential for conversion to a legal third unit. Located in an RM-5 zoning district, the property offers an opportunity to pursue legalization of the basement unit, subject to applicable building code requirements, permits, and City of Chicago approvals. The basement meets the height requirements exit door requirements and 4 gas and electrical meters. The top-floor unit is currently occupied by tenants paying $1,800 per month, providing rental income that can help mortgage payments while offering additional income potential. Renovations completed in 2024 include updates to plumbing, electrical systems, and HVAC, along with modern interior finishes. This property presents an attractive value-add opportunity for investors or owner-occupants seeking rental income and future upside in an evolving South Side neighborhood.

Details

MLS #12787657
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site18
Listing Provided ByPrello Realty | Nayibe Garces

Features

Bed(s)9
Bath(s)3
BasementY
ZoningMULTI
Acreage3600.00

Interior

Rooms Total18
HeatingGas

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesYes, Owned

Utilities

SewerPublic Sewer

Taxes

Tax Year2023
Tax Annual Amount3387.92

Area Information

StateIL
CountyCook
CityChicago
Zip Code60637
AreaCHI Woodlawn
School DistrictHyde Park Career Academy Senior
Elementary SchoolFiske Elementary School
High SchoolHyde Park Career Academy Senior
Listing VS Median (in 60637)
Price:
$565,000
low | high
Med:
$159,000
100% of Average
On site:
18
low | high
Med:
19
94.736842105263% of Average
Sourced by Back At You

Market Activity 60637

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Contact

Learn More About This Property

Chicagoland Brokers Inc

Chicagoland Brokers Inc

 (773) 317-4414e_orlovska@yahoo.com
StateIL
CountyCook
CityChicago
Zip Code60637
AreaCHI Woodlawn
School DistrictHyde Park Career Academy Senior
Elementary SchoolFiske Elementary School
High SchoolHyde Park Career Academy Senior
Listing VS Median (in 60637)
Price:
$565,000
low | high
Med:
$159,000
100% of Average
On site:
18
low | high
Med:
19
94.736842105263% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $423K - $706K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
6137 S Rhodes Avenue Property Photo 1
$450,000
6137 S Rhodes Avenue
Chicago, IL 60637
Listing Updated: October 26, 2026 at 11:15:26 PM PDT
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