Chicago, IL 60617 8056 S Burnham Avenue
$469,900
10 more
Presented By: Rayburn Realty Group INC
Beds • 2
Home Details
Large all brick 11-unit in fairly decent condition. The mix is as follows: 7x - studios, of which 5 are average size and 2 are large, 3x-1 bedroom units, and 1x-2 bedroom unit. Owners have self managed over several years and are ready to pass on to the next generation of investors. Building has a new roof; rents could easily be higher. Sold AS-IS
Presented By: Rayburn Realty Group INC
General for 8056 S Burnham Avenue
Additional Parcels Y/NNo
Cap Rate9
CityChicago
Construction MaterialsBrick
CountyCook
Current UseMulti-Family
Directions81st St. East or West to Burnham, property is on northwest corner of 8100 S Burnham
ElectricCircuit Breakers, Service - 201 to 600 Amps
Electric Expense989
Fuel Expense7850
Gross Income77400
Insurance Expense8268
Lot Size Square Feet6000
MLS AreaCHI - South Chicago
MaintenanceExpense3000
ModificationTimestamp2025-06-15T05:07:12.580Z
Net Operating Income44406
Number Of Units Total11
Operating Expense32994
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofMembrane
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount8022.71
Tax Year2023
Tenant PaysElectricity
TownshipHyde Park
Trash Expense2240
Water Sewer Expense8947
Year Built1924
ZoningMULTI
Exterior for 8056 S Burnham Avenue
Foundation DetailsConcrete Perimeter
Lot Dimensions6, 000 SQ FT
Lot Size Acres0.13
Additional Details
Price History
