Chicago, IL 60617 7951 S Burnham Avenue
$420,000
Presented By: Keller Williams ONEChicago
Home Details
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
Presented By: Keller Williams ONEChicago
Interior Features for 7951 S Burnham Avenue
Other Interior Features
BasementUnfinished
General for 7951 S Burnham Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
Directions79TH STREET EAST OF MUSKEGON NORTH TO BUILDING
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
MLS AreaCHI - South Chicago
MaintenanceExpense
Net Operating Income
Number Of Units Total6
Operating Expense0
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount5880.5
Tax Year2024
Tenant PaysElectricity
Trash Expense0
Water Sewer Expense0
Year Built1925
ZoningMULTI
Exterior for 7951 S Burnham Avenue
Lot Dimensions49.8 X 124.7
Additional Details
Price History
