7951 S Burnham Avenue, Chicago, IL
  • $420,000

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

  • Listing Courtesy of: Keller Williams ONEChicago

Details

Updated on June 28, 2026 at 5:41 am
  • Property ID MRD12601862
  • Price $420,000
  • Year Built 1925
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 21312000190000
  • MLS Status Active
  • Co List Agent MLS ID MRD183383
  • Days On Market 94
  • Cumulative Days On Market 37
  • Tax Annual Amount 5880.5
  • Cooling None
  • Directions 79TH STREET EAST OF MUSKEGON NORTH TO BUILDING
  • StoriesTotal 3
  • Zoning MULTI
  • Address 7951 S Burnham Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60617
  • Country United States

Overview

Property ID: MRD12601862
  • Multi Family
  • Property Type
  • 1925
  • Year Built

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