Listing provided courtesy of Keller Williams ONEChicagoMREDas Distributed by MLSGrid- MLS# 12601862
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Request Info7951 S Burnham AvenueChicago, IL 60617
Commercial · 12 Beds$420,000
Active
7951 S Burnham Avenue Overview
- Time on Site:
- 95 days
- Visits:
- 1
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
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7951 S Burnham Avenue Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Income: 0
- Gross Scheduled Income: 0
- Insurance Expense: 0
- Maintenance Expense: 0
- Net Operating Income: 0
- Operating Expense: 0
- Trash Expense: 0
- Water Sewer Expense: 0
Building Information
- Year Built: 1925
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - South Chicago
Rent/Lease Information
- Tenant Pays: Electricity
Tax Information
- Tax Annual Amount: $5,880.50
- Tax Year: 2024
General Information
- Parcel Number: 21312000190000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
General Information
- Basement: Unfinished
- Cooling: None
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 49.8 X 124.7
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 6
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Baths Total: 1
- Units Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 2
- Baths Total: 1
- Units Total: 3
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 2
- Baths Total: 1
- Units Total: 4
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 2
- Baths Total: 1
- Units Total: 5
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 2
- Baths Total: 1
- Units Total: 6
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
7951 S Burnham Avenue Neighborhood
Community
60617 (Chicago) Demographics
37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.7951 S Burnham Avenue Monthly Cost
7951 S Burnham Avenue Market Data
Based on the last 30 days in this zip code
$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
7951 S Burnham Avenue History
| Date | Value | Agent |
|---|---|---|
| 3/31/2026Source: MRED | Active |
|
| 3/26/2026Source: MRED | March 26, 2026 |