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6-Unit Brick Apartment Building
For Sale
$420,000

7951 S Burnham Avenue, Chicago, IL 60617

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market32

Property Features for 7951 S Burnham Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 42
Bathrooms 21
Full bathrooms 21
Rooms Bedroom 37, Bedroom 19, Bedroom 39, Bedroom 14, Bedroom 8, Bedroom 38, Bathroom 8, Bedroom 23, Bedroom 33, Bedroom 16, Bathroom 6, Bedroom 15, Bathroom 4, Bedroom 25, Bedroom 30, Bathroom 12, Bathroom 21, Bedroom 5, Bedroom 27, Basement, Bathroom 15, Bedroom 2, Bedroom 13, Bathroom 13, Bedroom 24, Bathroom 14, Bedroom 22, Bathroom 17, Bedroom 20, Bedroom 29, Bedroom 35, Bathroom 3, Bathroom 1, Bathroom 7, Bedroom 3, Bedroom 18, Bathroom 2, Bathroom 5, Bedroom 40, Bedroom 42, Bedroom 11, Bathroom 16, Bedroom 41, Bedroom 17, Bathroom 9, Bedroom 9, Bathroom 19, Bedroom 7, Bedroom 1, Bedroom 36, Bedroom 34, Bathroom 20, Bedroom 31, Bedroom 21, Bathroom 11, Bedroom 6, Bedroom 10, Bedroom 32, Bedroom 12, Bathroom 10, Bedroom 4, Bedroom 26, Bathroom 18, Bedroom 28
Basement Unfinished
Directions 79TH STREET EAST OF MUSKEGON NORTH TO BUILDING
Subdivision CHI - South Chicago
Standard status Active
APN 21312000190000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5881

Utilities

Sewer type Public Sewer

Building Details

Year built 1925
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Tyrone Green · License #475179138
Added: Sep 8 Changed: Sep 30 Last Checked: Oct 9 at 12:06PM
MLS# 12746962

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1925 brick apartment property contains six residences, each configured with two bedrooms and one bathroom. Separate living and dining areas accompany kitchens with pantry space. A detached garage provides three-car capacity, and the property is offered in as-is condition.

The Chicago property is near South Shore Drive and Lake Michigan, with access to major highways and public transportation in multiple directions. MULTI zoning is reported for the site.

Key Highlights

  • Six apartments, each with two bedrooms and one bathroom
  • 1925 brick construction
  • Separate living and dining areas in each residence

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Each residence has two bedrooms, one bathroom, separate living and dining areas, and a kitchen with pantry space.
Where is this apartment building located?
The property is located at 7951 S Burnham Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Six apartments, each with two bedrooms and one bathroom; 1925 brick construction; Separate living and dining areas in each residence
More about this property
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