7951 S Burnham Ave

Chicago, IL 60617
  • $420,000

    Price

About the Listing 87738 - 888713

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

Listing Highlights for 7951 S Burnham Ave

Status Active
Days on Site 37
Property Type Multi-Family
MLS ® 12746962
Year Built 1925
Lot/Acreage 49.8 X 124.7

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Radiators
  • Fireplaces:
  • Floor:
  • Basement: Unfinished
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 49.8 X 124.7
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $5,880
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 21312000190000
  • Tax Year: 2024

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Listing Location

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7951 S Burnham Ave Chicago, IL 60617

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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