It's possible but I agree with Ms Help on the formal/informal stuff. Besides, if you use "e.g./for example/like/such as/for instance" it's basically understood that there are other options.
"I like football teams with red shirts such as Manchester United, Liverpool, Bayern etc."
"I like football teams with red shirts such as Manchester United, Liverpool and Bayern."
Both sentences are okay. I think that in the first sentence the emphasis is more on the red shirt and the second sentence kinda suggests that those three teams are the ones you like most. Anyway, like Ms Help said, 'etc.' is a bit less formal.