$420,000
( )
 $2,255 est/mo Sourced by Back At You

7951 S Burnham Avenue,Chicago, IL 60617

Chicago, IL 60617

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Description

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

Details

MLS #12746962
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1925
Days On Site27
Listing Provided ByKeller Williams ONEChicago | Tyrone Green

Features

BasementY
Story(s)3
Units6
ZoningMULTI

Interior

CoolingNone

Exterior

Construction MaterialsBrick

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount5880.5

Area Information

StateIL
CountyCook
CityChicago
Zip Code60617
AreaCHI South Chicago
Listing VS Median (in 60617)
Price:
$420,000
low | high
Med:
$209,999
100% of Average
On site:
27
low | high
Med:
355
7.605633802817% of Average
Sourced by Back At You

Market Activity 60617

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60617
AreaCHI South Chicago
Listing VS Median (in 60617)
Price:
$420,000
low | high
Med:
$209,999
100% of Average
On site:
27
low | high
Med:
355
7.605633802817% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $315K - $525K
sqft: 0 - 0
Listing Updated: September 30, 2026 at 11:30:56 AM PDT