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About This Home
This 42-bedroom, 21-bathroom residential multi family at 7951 S Burnham Avenue in Chicago, IL is listed for $420,000. Built in 1925, on a N/A lot.
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
Key Features
- Built in 1925
- 3 stories
Property Details
Monthly Cost Estimate
$2,246/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7951 S Burnham Avenue
Chicago, IL 60617
Property Details
Construction
Questions & Answers
This 42-bedroom, 21-bathroom residential multi family at 7951 S Burnham Avenue is listed at $420,000. The estimated monthly payment is $1,820 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 3 stories.
This property is listed by Tyrone Green and can be reached at (312) 216-2422 or tyrone@manifestinggreen.co.