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$339,950
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Property Description
This is a rare opportunity to own a Chicago 2 flat without the hassle of renovation or paying post-flip pricing. These types of properties almost never come to market! Solid brick 2-unit flat in Grand Crossing offering more than just a place to live - it presents a strategic house-hack opportunity. Live in one unit, rent the other to long-term or short-term tenants OR buy with a loved one and create a family-focused environment. Own for less than what you might pay in rent, build equity, and have long-term financial stability. | Property includes a detached 2-car garage, fenced backyard with 2 patios, outdoor electrical, and evergreen trees for privacy from the alley. The backyard is well-manicured, with a mature tree that provides shade on sunny days. Both units have outdoor porch spaces suitable for patio furniture. The property has been outfitted with custom wrought iron security doors, front and back spigots, ring cameras in front and rear, outdoor electrical, outdoor motion lights, and front porch light timer. | The first floor unit is in move-in ready for an owner-occupant. The second floor features an updated kitchen and bath, tree top views, and tons of natural light. Both units have original hardwood flooring, picture windows. | Current ownership has leveraged second floor income by renting to medical professionals seeking housing while on contract at one of the numerous hospitals in the area. This building can function as both a residence and an income-supporting asset. | Whether your goal is reducing your housing expense, generating supplemental income, or expanding your portfolio, this property offers built-in versatility. | Location Advantages: Conveniently located near Jackson Park Hospital, University of Chicago Hospital, St Bernard Hospital, Provident Hospital of Cook County, and a short distance from Advocate Trinity Hospital. The building is also situated near the Dan Ryan Expressway, a short distance to Lake Shore Drive, The Obama Library Campus, the Museum of Science and Industry, a number of grocery stores, Jackson Park, Washington Park, and easy access to the Chicago Transit Authority bus and train line. | Important Details: Property sold AS IS. A strategic opportunity for shrewd buyers who understand the power of ownership, leverage, and long-term upside.
Full Property Details
Full Property Details for 7140 S Eberhart Ave
General
- Sold For: $339,950
- Taxes: $3,716 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12607906
- Added to Site: 98 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access, Historical District
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: 71st Street East or West to Eberhart South to Address
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Year Built: 1923
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4131
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1923
- Tax Amount: $3,716.82
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20272010340000
Listed by EXIT Strategy Realty
Sold by Golden Key Realty Group LLC
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Schools
Schools serving 7140 S Eberhart Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Park Manor Elementary School 7037 South Rhodes Avenue, Chicago, IL 60637 | PK-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7140 S Eberhart Ave
Date
Details
Price
Change
Source
5/29/2026
Sold
$339,950
-1.44%
MLS
4/01/2026
Listed
$344,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7140 S Eberhart Avenue, Chicago, IL 60619 (MLS# 12607906) is a Multi-Family property that was sold at $339,950 on May 29, 2026. Want to learn more about 7140 S Eberhart Avenue? Do you have questions about finding other Multi-Family real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

