7951 S Burnham Avenue

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Address: 7951 S Burnham Ave, Chicago, IL 60617, USA
Chicago & Midwest + Apartment Buildings
Created date: September 12, 2026
Date last updated: September 16, 2026
Price: $420,000Investment Analyzer NEW!

Property 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

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $420,000
No. of Units: 6
Year Built: 1925
Opportunity Zone: No
Price per unit: $70,000
Property Website Click Here
Number of Bedrooms: 42
Number of Bathrooms: 21
Address: 7951 S Burnham Avenue, Chicago, IL 60617, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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