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10238 S Eberhart Avenue

Chicago, IL 60628
  • $289,000
  • STATUS: Active Under Contract
  • ON SITE: 100 Days
  • MLS #: 11615881
Under Contract
UPDATED: 222 min ago
$289,000
  • 7
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

School District:
299

Description

Welcome to Chicago's Rosemoor neighborhood, located in the Chicagoland Roseland community. This brick 2-flat is completely vacant and includes a bonus garden apartment! Large units include hardwood floors, separate dining rooms and an enclosed back porch! 1st-floor former owner's unit has two-full bathrooms and a sizable kitchen with maple cabinets, granite counter tops and a dishwasher! 2nd-floor unit is a 3-bedroom, 1 bathroom with newer kitchen cabinets and stainless-steel appliances! Bonus garden apartment is nicely finished and includes 1-bedroom and a renovated bathroom with soaking tub! Other notable features include a new boiler (2022), private fence enclosed back yard and a 2-car garage! Excellent "house hacking" opportunity for an owner occupant! Live in 1-unit and let your tenants pay your entire mortgage and expenses! Big cash flow and equity upside! 3-bedroom apartments rent for $1,500+ within a square mile of the subject property and the finished garden apartment can rent for $1,000 per month! A 30-year fixed rate mortgage should be approximately $2,200 per month for a well-qualified buyer putting down 3.5%, this will enable an owner occupant to live in one unit while the garden apartment and remaining unit pay the entire mortgage, taxes and insurance! For non-owner-occupied investors, this building will generate $4,000 per month fully tenant occupied! Big equity upside included in the purchase price! Renovated 2-units within a square mile radius sold for an average of $342,000 within the past 9 months! Great location, proximity to 103rd St Metra station. Priced to sell so please act swiftly!

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© 2022 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-08T23:57:57.51 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.

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10238 S Eberhart Avenue Chicago, IL 60628

  • Price: $289,000
  • Status: Active Under Contract
  • On Site: 100 Days
  • Updated: 222 min ago
  • MLS #: 11615881
7
Beds
0
Baths
0
½ Baths
0.08
Acres
1925
Built
Neighborhood:
Chi - Roseland
County:
Cook
Area:
Chi - Roseland
School District:
299
Property Description
Welcome to Chicago's Rosemoor neighborhood, located in the Chicagoland Roseland community. This brick 2-flat is completely vacant and includes a bonus garden apartment! Large units include hardwood floors, separate dining rooms and an enclosed back porch! 1st-floor former owner's unit has two-full bathrooms and a sizable kitchen with maple cabinets, granite counter tops and a dishwasher! 2nd-floor unit is a 3-bedroom, 1 bathroom with newer kitchen cabinets and stainless-steel appliances! Bonus garden apartment is nicely finished and includes 1-bedroom and a renovated bathroom with soaking tub! Other notable features include a new boiler (2022), private fence enclosed back yard and a 2-car garage! Excellent "house hacking" opportunity for an owner occupant! Live in 1-unit and let your tenants pay your entire mortgage and expenses! Big cash flow and equity upside! 3-bedroom apartments rent for $1,500+ within a square mile of the subject property and the finished garden apartment can rent for $1,000 per month! A 30-year fixed rate mortgage should be approximately $2,200 per month for a well-qualified buyer putting down 3.5%, this will enable an owner occupant to live in one unit while the garden apartment and remaining unit pay the entire mortgage, taxes and insurance! For non-owner-occupied investors, this building will generate $4,000 per month fully tenant occupied! Big equity upside included in the purchase price! Renovated 2-units within a square mile radius sold for an average of $342,000 within the past 9 months! Great location, proximity to 103rd St Metra station. Priced to sell so please act swiftly!
Exterior Features

Exterior Building Type Brick Garage Details Garage Door Opener(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Features Fenced Yard Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details Garage Waterfront YN No

Interior Features

Basement FinishedExterior AccessSleeping AreaStorage Space Basement Details FullWalkout Bedrooms Below Grade 0 Bedrooms Total 7 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasSteamRadiator(S) Room Type Enclosed Porch Rooms Bedroom 2 Bedroom 3 Bedroom 4 Dining Room Family Room Kitchen Laundry Living Room Master Bedroom Rooms Total 16

Property Features

Additional Parcels YN No Age 91-100 Years Built Before1978 YN Yes Community Features CurbsGatedSidewalksStreet LightsStreet Paved Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information Commuter Train Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2588.44 Tax Year 2020 Total Numberof Unitsin Building 3 Township Hyde Park Type Two To Four Units Water Source Public Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Straight-A Realty, Llc: 630-288-2446.


© 2022 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-12-08T23:57:57.51 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
 
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