6140 S Eberhart Avenue Chicago, IL $ 850,000
6140 S Eberhart Avenue
$ 850,000
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6140 S Eberhart Avenue

Chicago, IL, 60637
$ 850,000
Bedrooms18 Baths0.0 Sq 9,312

Monthly Estimate*

$ 5,367

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Multi-Family Home for sale in Chicago, IL

for $850,000 with 18 bedrooms. This 9,312 square foot home was built in 1911 on a lot size of 0.17.

This fully renovated 6-unit building in Woodlawn has been strategically repositioned to maximize income and provide long-term stability for its next owner. With strong in-place cash flow and major updates already completed, this is a true turnkey investment. Each unit is exceptionally spacious, offering 3 generously sized bedrooms along with a formal living room, separate dining room, and full kitchen-an increasingly rare layout that supports premium rents. Four of the six units feature front balconies, and all units include rear decks, adding valuable outdoor space for tenants. The property is designed for efficiency, with individual heating systems that shift a significant portion of expenses to tenants, helping to reduce owner overhead. Additional features include a full-building camera system for security and on-site laundry in the basement for tenant convenience. Located in rapidly growing West Woodlawn-one of the South Side's most promising investment corridors-the building is just minutes from the lakefront and a short bike ride to University of Chicago. Hyde Park is also just minutes away, offering tenants convenient access to dining, shopping, entertainment, and everyday essentials. Downtown Chicago is accessible in under 15 minutes by car, making this an ideal location for renters seeking space, value, and connectivity. With large 3-bedroom units driving strong rental demand, this property offers an excellent opportunity to step into immediate cash flow, continued appreciation, and long-term upside-all without the burden of renovation.

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Multi-Family Active

Price

$ 850,000

Bedrooms

18

Property Type

Multi-Family

Taxes

$ 9,673

Style

Multi-Family

Lot Size

0.17

Year Built

1911

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12634033

Features
General
Cooling None
Possession Closing
Roof Rubber
Zoning MULTI
Association Fee Includes None
Construction Materials Brick Concrete
Year Built 1911
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity Other
Stories Count 3
Tax Year 2024
Current Use Multi-Family
Gross Income 123000
County Cook
Net Operating Income 96853
Operating Expense 26147
Insurance Expense 4684
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 678
Possible Use Condominium Multi-Family
Status New
Directions 63rd to Eberhart North to 6140. Eberhart is 1 way North between Cottage and King
City Chicago
Number Of Units Total 6
MLS Area CHI - Woodlawn
Lot Size Square Feet 7500
Tax Annual Amount 9673.62
Electric Expense 1100
Fuel Expense 2400
Trash Expense 2160
Water Sewer Expense 3651
Additional Parcels Y/N N
Standard Status Active
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Interior
Basement Unfinished Concrete
Total Fireplaces 6
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 9312
Lot Dimensions 7500
Lot Size Acres 0.17
Frontage Type City Street Alley Access
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* Excluded Features
List By
Blue Door Dave Inc

Broker

david@bluedoordave.com

Email

Affordability Calculator

$6,173
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,367
Monthly Property Taxes
$806
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$850,000 Listed Price

Map


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6140 S Eberhart Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $850,000 with 9,312 sqft and a lot size of 0.17. 6140 S Eberhart Avenue has 18 bedrooms, 0.0 baths, and was built in 1911. The property's zip code is 60637 which is in Chicago, IL