7951 S Burnham Avenue, Chicago, IL

$420,000

Overview

  • 81424
  • Property ID
  • Updated On:
  • April 2, 2026

Description

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

Other Features
Brick
Electricity
None

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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$2,153.42
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,628.42

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Information for the property at 7951 S Burnham Avenue, Chicago, IL, 60617 (Property ID: 81424) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi