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    7804 S Burnham Ave Chicago, IL 60649

    For Sale
    $394,000

    Residential Income - Chicago, IL

    Lot size:
    0.10 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 7804 S Burnham Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    APN
    21303310170000
    Parking
    6
    Lot size
    0.10 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1928
    Architectural style
    Other

    In Business Real Estate (312) 340-7777 [email protected]

    Listing agent Frank Herrera (312) 340-7777 License #471001135

    Listing date Nov 20, 2025

    MLS# 12521822 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Multifamily Investment Opportunity

    This well-maintained residential income property in Chicago, IL, features large 3-bedroom, 2-bathroom apartments. Each apartment is separately metered for utilities. The building includes three furnaces. One apartment is currently rented with a CHA voucher. The basement, with 7-foot ceilings, was previously used as a garden apartment. Copper plumbing is installed throughout the building, and the drains have recently been replaced. The apartments feature hardwood floors, eat-in kitchens, large living rooms, and large dining rooms. Minor work is needed. Six parking spots on the parking pad offer the potential for extra income. The property is being sold "as is". The lot size is 0.1 acres. The seller is willing to assist with the buyer's closing costs.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.557429
    Latitude
    41.7534475

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained Chicago multifamily property with income potential and large units.
    Where is this apartment building located?
    The property is located at 7804 S Burnham Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $394,000.
    What are key features of this property?
    This property features: - Large 3 bedroom / 2 bathroom apartments.; - Each apartment pays its own utilities.; - 6 parking spots on parking pad can produce extra income.
    (312) 340-7777
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7804 S Burnham Ave Chicago, IL 60649
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