6140 S Eberhart AVE, Chicago, IL 60637
6140 S Eberhart AVE, Chicago, IL 60637
6140 S Eberhart AVE, Chicago, IL 60637
6140 S Eberhart AVE, Chicago, IL 60637
6140 S Eberhart AVE, Chicago, IL 60637
6140 S Eberhart AVE, Chicago, IL 60637
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Legacy Property Management

Legacy Property Management

+1(224) 999-9200
$ 850,000
Est. payment | /mo

9,312 SqFt

Save
$ 850,000
Est. payment | /mo
Save

9,312 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 9,312 sqft

Price per Sqft $91

MLS Listing ID 12634033

Maintenance Fees $678

Year Built 1911

Annual Tax Amount $9,673

Tax Year 2024

Lot Size 7,405 Sqft

Lot Dimensions 7500

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Cook

Area Chi - Woodlawn

Zoning MULTI

Rooms

Basement Unfinished, Concrete

Interior

Cooling None

Fireplaces Number 6

Fireplace Y

Exterior

Roof Type Rubber

Building

Dwelling Type Multi Family 5+

Structure Type Brick,Concrete

Others

HOA Fee Include None

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by David Thomas of  Blue Door Dave Inc 

Nearby Locations

Legacy Property Management

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg IL, Other

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6140 S Eberhart AVE