7951 S Burnham Avenue, Chicago, IL, 60617

$420,000

About 7951 S Burnham Avenue

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

Additional Information: This property is located in the CHI - South Chicago neighborhood, IL. This bedrooms multi family 5+ property is priced at $420,000.

Facts & Features

MLS® # 12746962
Price $420,000
Bathrooms 0.00
Taxes $5,881
Year Built 1925
Type Commercial Sale
Sub-Type Multi Family 5+
Status New

Community Information

Address 7951 S Burnham Avenue
Area CHI - South Chicago
City Chicago
County Cook
State IL
Zip Code 60617

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick

Additional Information

Days on Market 1
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $5,881

Listing Details

OfficeKeller Williams ONEChicago

Listing Map

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