Description
Investor Alert! Don’t miss this incredible opportunity to own a duplex with an additional studio unit, a true value-add property brimming with potential. Originally a single-family home, it was later converted into a duplex, and now also features a separate studio accessible via an exterior spiral staircase. The layout offers flexibility, restore it back to a spacious single-family residence or maximize income as a multi-unit investment. A full renovation is needed, but the upside is undeniable. The property also includes a basement with generous storage space, adding even more appeal. Perfect for experienced investors ready to take on a high-potential project. Cash buyers only. Quick close available. Seize this chance to transform and profit from a property with unlimited potential! Please bring a Flashlight and sign the hold-harnless before scheduling your showings.
- Listing Courtesy of: Keller Williams Infinity
Details
Updated on October 27, 2025 at 3:33 pm- Property ID: MRD12499030
- Price: $130,000
- Property Size: 2402 Sq Ft
- Bedrooms: 4
- Bathrooms: 3
- Year Built: 1906
- Property Type: Single Family
- Property Status: Active
- Parcel Number: 21312000150000
- Water Source: Public
- Sewer: Public Sewer
- Days On Market: 6
- Basement Bath(s): No
- Cumulative Days On Market: 6
- Tax Annual Amount: 91.17
- Cooling: Central Air
- Asoc. Provides: None
- Room Type: No additional rooms
- Stories: 2 Stories
- Directions: Lake Shore Dr/E Marquette Dr. Take S South Shore Dr and S Exchange Ave to S Burnham Ave.
- Association Fee Frequency: Not Required
- Living Area Source: Assessor
- Elementary School: Bradwell Comm Arts & Sci Element
- Middle Or Junior School: Bradwell Comm Arts & Sci Element
- Township: Hyde Park
- ConstructionMaterials: Vinyl Siding,Brick
- Asoc. Billed: Not Required
Address
Open on Google Maps- Address 7941 S Burnham
- City Chicago
- State/county IL
- Zip/Postal Code 60617
- Country Cook
Overview
- Single Family
- 4
- 3
- 2402
- 1906
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