7951 S Burnham Avenue, Chicago, IL 60617
7951 S Burnham Avenue, Chicago, IL 60617
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Listed by Tyrone Greenof Keller Williams ONEChicago
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Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12601862

Year Built 1925

Annual Tax Amount $5,880

Tax Year 2024

Lot Dimensions 49.8 X 124.7

Property Sub-Type Multi Family 5+

Property Description

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

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling None

Fireplace N

Exterior

View Y/N true

Building

Structure Type Brick

Midwest Real Estate Data (MRED) VOW

NEARBY SCHOOLS & PROPERTIES

HomeSmart Realty Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 710-3828

dbowden@hsrealtygroupil.com

220 North Green Street, Chicago, IL 60607

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7951 S Burnham Avenue

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