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$410,000

  • For Sale
  • Active
  • Commercial
  • Updated 4 days ago
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9.7% In-Place Cap Rate with potential to increase current below market rents. Gross Income $82.464. All brick 8 unit in Grand Crossing neighborhood. Less than block away from the 71st & Eberhart bus stop, blocks away from Chicago's 69th train stop, this property sits between the I-94 Express and I-90 interstate which both provide for quick and convenient transportation. This 8 unit has a unique unit mix of apartments and is comprised of two 3Bd/2Ba units, two 2Bd/1Ba unit, and four 0/1Ba studios. All have hardwood flooring throughout with an open style concept. This property has been well kept and is ready for its next investor or owner occupant. Property is being sold As-Is.

Full Property Details for 7157 S Eberhart Ave

General

  • Price: $410,000
  • Taxes: $1,769 (2022)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12064733
  • Updated: 3/27/2026
  • Added to Site: 677 day(s) ago

Location

  • Area: CHI - Greater Grand Crossing
  • County: Cook
  • Driving Directions: S to 72nd st. E to Eberhart. Property on the NE corner of 72nd st and Eberhart

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central Building Heat, Radiators

Utilities

  • Trash: 1980

Structural Information

  • Stories/Levels: 2
  • Year Built: 1927
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Dimensions: 50' x 124'

Financial Considerations

  • Operating Expenses: $10,116
  • Assessment Year: 1927
  • Tax Amount: $1,769
  • Tax Year: 2022
  • Tenant Pays: Electricity, All Utilities
  • Pays Electric: 780
  • Pays Trash: 1980

Disclosures and Reports

  • Property ID: 20272020170000

Listed by Hunter's Realty, Inc.

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Listing agent

— 7157 S Eberhart Ave —

  • Hunter's Realty, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7157 S Eberhart Ave

School District:Chicago Public School District 299
NameGradesDistance
Park Manor Elementary School
7037 South Rhodes Avenue, Chicago, IL 60637
PK-80.2 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 7157 S Eberhart Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/31/2025
Price Reduced
$410,000
-8.89%
MLS
10/21/2024
Price Reduced
$450,000
-14.29%
MLS
7/10/2024
Price Reduced
$525,000
-29.53%
MLS
5/24/2024
Listed
$745,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Hunter's Realty, Inc.

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Listed by The ME Team

7157 S Eberhart Avenue, Chicago, IL 60619 (MLS# 12064733) is a Commercial property. 7157 S Eberhart Avenue is currently listed for $410,000 and was received on May 24, 2024. Want to learn more about 7157 S Eberhart Avenue? Do you have questions about finding other Commercial 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.

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