The Flip Potential of 7026 S Eberhart Ave Chicago, IL🏡 is medium.
Current Specs
Multi-Family
2 Units
5 Bed / 2 Bath
2,448 sqft
$101 per sqft
Estimated Value$247,700
Flip Advice
This 5-bed, 2-bath multi-family property in Chicago's Park Manor neighborhood has moderate flip potential. Built in 1908, it offers 2,448 sqft on a 3,100 sqft lot. The current valuation of $247,700 is slightly below the neighborhood's median listing price of $257,500, suggesting room for value-add improvements.
Consider a light renovation to boost the property's value. Focus on cosmetic updates and essential repairs to maximize ROI. Adding a bedroom or bathroom could increase value by 5-7%, but ensure the cost-benefit aligns with local market dynamics. Given the property's age, factor in potential hidden issues and budget accordingly.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 7026 S Eberhart Ave: