7051 S Eberhart Avenue, Chicago IL 60637
$400,000

7051 S Eberhart Avenue, Chicago IL 60637

$400,000
New
Park Manor Two to Four Units

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Property Description

This well-maintained brick 2-unit was rehabbed in 2023 and offers an excellent opportunity for investors or owner-occupants. The first-floor unit is duplexed down to the basement and will be delivered vacant at closing. The second-floor unit is currently leased for $1,800/month on a one-year lease, providing immediate rental income. Great opportunity to live in one unit while generating income from the other or add a solid property to your rental portfolio.

Features & Information

Key Details
  • List Price $400,000
  • Property Taxes $5,224
  • Year Built 1903
  • Status New
  • List Market Time 3

Units

  • Unit 1
  • Floor 1
  • Rooms 5
  • Beds 3
  • Baths 2
  • Appliances Stove, Refrigerator
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires MTM

  • Unit 2
  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $1,800/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 07/27

Exterior Features

  • Parking
  • # of Cars:  3

Building Information
  • Number of Units 2
  • Age of Building 100+ Years

Location
  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property King Dr To 71st To Eberhart

  • Schools
  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

  • Property Taxes
  • Tax 5223.77
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 20224210200000

Listed by Amaiya Smith for eXp Realty | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/15/2026 2:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Explore Park Manor

Park Manor is a south side Chicago neighborhood with well-kept single-family homes, plentiful schools, and easy transportation options. Cradled between two of the city's major highways and the Red Line branch of the “El” train system, residents in Park Manor have no trouble getting from point A to point B. Traveling within the neighborhood borders will reveal a love for hearty American restaurants that serve up all the comfort foods, from barbeque ribs to the traditional turkey club. Aside from getting a bite to eat, Park Manor residents have the benefit of a handful of retail developments and shops. The nightlife in Park Manor is rather lively, sporting several bars and lounges.

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