Address
7951 S Burnham Avenue, Chicago, IL
Price
$ 420,000
Property Attributes
- MLS#12746962
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - South Chicago
- NeighborhoodSouth Chicago
- Zip60617
- Style
- Year Built1925
- Taxes$ 5880
- Price$ 420,000
- Bedrooms12
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
ESTATE SALE! Value-Add Investment Opportunity: Solid 6-unit brick building comprised of (6) 2-bedroom, 1-bath units. Each unit offers a functional layout with separate living and dining areas, along with kitchens that include pantry space. The property presents a strong opportunity for a new owner to implement updates and add value over time, with the ability to increase rental income. Ideal for investors seeking to stabilize and grow the asset. Additional features include a 3-car detached garage. Located just south of the South Shore area, with easy access to South Shore Drive, Lake Michigan, major highways, and public transportation in multiple directions. Excellent opportunity to build equity and long-term cash flow. AS-IS
| Price History | |
|---|---|
| 9/8/2026 | Listed $420,000 |
General Features
| Cooling | None |
|---|---|
| Zoning | MULTI |
| Construction Materials | Brick |
| Year Built | 1925 |
| Tenant Pays | Electricity |
| Stories Count | 3 |
| Tax Year | 2024 |
| County | Cook |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | 79TH STREET EAST OF MUSKEGON NORTH TO BUILDING |
| City | Chicago |
| Number Of Units Total | 6 |
| MLS Area | CHI - South Chicago |
| Tax Annual Amount | 5880.5 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Basement | Unfinished |
|---|
Exterior Features
| Lot Dimensions | 49.8 X 124.7 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60617
Price
Taxes
Year Built
Visits
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