6111 S Eberhart Ave, Chicago, IL 60637
6111 S Eberhart Ave
Chicago, IL 60637 · Cook County
$549,900
The Property
About This Property
This is a well-maintained legal 2-flat on a quiet, tree-lined block in Woodlawn, one of Chicago's most active neighborhoods right now. Built in 1910 with solid brick construction, the building has been consistently updated over the past few years, and it shows from the street all the way to the back deck. Whether you're looking to live in one unit and let the other cover a meaningful portion of your mortgage, or you want a straightforward income property with real long-term upside, this one makes sense on paper and in person.
Unit 1 on the first floor has 3 bedrooms, 1 bathroom, and hardwood floors throughout. It's currently tenant-occupied at $1,400/month with a lease through July 2026. The unit has seen solid mechanical upgrades: updated plumbing, new ductwork, a new A/C condenser, and a new hot water tank. Unit 2 upstairs is vacant and freshly renovated with 4 bedrooms, 1 bathroom, and 1,240 square feet of move-in-ready space. The kitchen and bathroom were completely redone, the hardwood floors were refinished, and new lighting, doors, and window treatments were added throughout. Step out to the front balcony with its new membrane and metal railing and you've got a genuinely comfortable place to come home to.
Both units have in-unit washer and dryer, and each has its own private deck off the kitchen. The unfinished basement adds another angle worth considering: it's large enough to have a real conversation about duplexing down or potentially adding a garden-level unit.
Location rounds this out. You're a short distance from the University of Chicago, Jackson Park, Washington Park, the CTA Green Line, and Lake Shore Drive. The Obama Presidential Center is under development nearby, which continues to draw investment and attention to this corridor. Current monthly rent income sits at $3,400 with Unit 2 still vacant, so once that unit is leased, the financial picture changes considerably.
Unit Breakdown
Unit Details
Unit 1 — First Floor
Unit 2 — Second Floor
Features & Updates
Property Highlights
- Solid brick construction, built 1910, well-maintained throughout
- Unit 2 fully renovated: new kitchen, new bathroom, refinished hardwood floors, new lighting, doors, and window treatments
- Unit 1 mechanicals updated: new plumbing, new ductwork, new A/C condenser, new hot water tank
- Full tear-off roof completed in 2022
- Entire building tuckpointed in 2024, including parapet, garage, and basement entrance retaining walls
- New rear deck completed in 2024, plus updated exterior lighting and new concrete patio
- Front balcony on Unit 2: new membrane and new metal railing
- Garage upgraded in 2024: new roof, new metal coping, new service door, new side entry door, window replacement
- Rear catch basin restored in 2024
- Both units include in-unit washer/dryer, stove, refrigerator, and microwave
- Private rear deck off the kitchen in each unit
- 2-car detached garage with door opener and transmitter, included in sale
- Full unfinished basement with potential to duplex down or add a garden-level unit
- 25 x 125 ft lot, zoned Multi-Family, Hyde Park township
Investment Snapshot
Investment Overview
All figures sourced from the MLS listing sheet. Operating expense projections are broker estimates and should be independently verified.
Capital Improvements
Renovation Timeline
2022
Full tear-off roof completed, providing long-term durability for the entire building envelope.
2024 — Exterior
Full building tuckpointing completed, including repairs to the parapet, garage, and basement entrance retaining walls. New rear deck, updated exterior lighting, and new concrete patio. Rear catch basin restored.
2024 — Garage
New garage roof, new metal coping, new service door, new side entry door, and window replacement.
2024 — Unit 2
Full kitchen and bathroom renovation. Hardwood floors refinished. New lighting, doors, and window treatments throughout. New front balcony membrane and metal railing.
Prior — Unit 1
Updated plumbing, new ductwork, new A/C condenser, and new hot water tank.
The Neighborhood
Location & Neighborhood
Woodlawn sits on Chicago's South Side and has been drawing consistent investment and attention over the past several years. The neighborhood is walkable, has good transit connections, and you'll find renovation activity happening on blocks throughout. This property puts you within reach of some of the city's major institutions and green spaces.
You're close to the University of Chicago, Jackson Park, and Washington Park. The CTA Green Line makes getting downtown or across the city straightforward. Lake Shore Drive is accessible, and the Obama Presidential Center, currently under development nearby, continues to be a long-term catalyst for the area.
- CTA Green Line — nearby stop for quick city-wide transit
- Commuter bus and commuter train service available
- University of Chicago — just blocks away
- Jackson Park — trails, green space, lakefront access
- Washington Park — large public park to the west
- Obama Presidential Center — under construction nearby
- Lake Shore Drive — convenient lakefront access
- Parks, sidewalks, curbs/gutters throughout the immediate area
Financing & Terms
Financing
This property is eligible for Conventional, FHA, and VA financing. Possession at closing or immediate.
Listing Data
Property Details
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