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.
Active
Price cut: $30K (8/7)
$290,000
6417 S Eberhart Ave, Chicago, IL 60637
7beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fresh paintUpdated kitchen cabinetsNew flooring
- 71 days
- on Zillow |
- 203 |
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