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About the Listing 23641 - 270148,258544
Investment Apartment Building Opportunity. "Per Seller" Serious written contingent offers subject to interior inspection. Property will be shown by appointment only upon acceptance of a contingent offer. Do not disturb tenants. Rarely available single-level quadplex in the heart of Burbank offers a fully leased, high income producing asset with immediate cash flow and long-term upside potential. This well-maintained property consists of four spacious 1-bedroom, 1-bathroom units each featuring hardwood floors, functional kitchens and comfortable living areas The efficient single-story layout supports ease of management and low maintenance ownership, making it ideal for both new and seasoned investors. The asset is anchored by a stable, long-term tenants providing consistent rental income and reduced turnover. A curved driveway and ample off-street parking further enhance tenant satisfaction and retention-key drivers of sustained performance. Located in one of Burbank's most sought-after rental corridors, the property benefits from proximity to major studios, employment centers, and retail amenitues-supporting the strong occupancy levels and future rent growth. Showing instructions. Drive-by only. Exterior inspection premitted. Interior inspection subject to accepted offers. Submit offers contingent upon interior inspection. Additional Notes- Interior and exterior photos available on listing. Buyers to complete preliminary due diligence prior to offer submission. Have contingent offer submitted to listing agent along with pre-approval of mortgage or funds available to purchase. ONLY CONTINGENT ACCEPTED OFFERS WILL ALLOW INTERIOR OF UNITS TO BE SHOWN.
Listing Highlights
Status
Active
Days on Site
59
Property Type
Multi-Family
MLS ®
12565950
Year Built
1961
Total Square Footage
0
Lot/Acreage
67 X 155
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 6
- Lot Dimensions: 67 X 155
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $11,459
- Taxes w/Assessments: N/A
- Tax/Property ID: 19311150010000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
7901 Newland Ave Burbank, IL 60459
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