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7951 S Burnham Avenue Chicago, IL 60617

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New
For Sale
$420,000

MULTI_FAMILY - Chicago, IL

Added:
Mar 26, 2026
Days on Market:
7
Last Refresh:
Apr 1 at 10:06 am

Property Features for 7951 S Burnham Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
42
Bathrooms
21
Rooms
Bedroom 40, Bedroom 25, Bedroom 9, Bathroom 9, Bathroom 3, Bathroom 14, Bedroom 37, Bedroom 7, Bedroom 34, Bedroom 12, Basement, Bedroom 29, Bathroom 16, Bathroom 18, Bedroom 15, Bedroom 28, Bedroom 8, Bedroom 6, Bedroom 23, Bedroom 35, Bedroom 16, Bathroom 2, Bedroom 32, Bedroom 19, Bedroom 11, Bedroom 18, Bedroom 33, Bedroom 10, Bedroom 41, Bathroom 8, Bathroom 7, Bathroom 1, Bedroom 30, Bathroom 6, Bedroom 26, Bedroom 3, Bedroom 31, Bedroom 36, Bedroom 39, Bathroom 21, Bedroom 5, Bedroom 27, Bedroom 42, Bathroom 12, Bedroom 24, Bedroom 22, Bedroom 20, Bedroom 2, Bathroom 5, Bathroom 13, Bathroom 4, Bedroom 1, Bathroom 17, Bedroom 13, Bathroom 11, Bedroom 14, Bedroom 17, Bedroom 4, Bedroom 21, Bathroom 10, Bathroom 15, Bathroom 19, Bedroom 38, Bathroom 20
Basement
Unfinished
Standard status
Active
APN
21312000190000

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
5881

Building Details

Year built
1925
Floors in Building
3
Number of units
6
Building materials
Brick

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Listing Contact
Tyrone Green
Tyrone Green

Listing agent Tyrone Green License #475179138

Listing office Keller Williams ONEChicago 2211 N Elston Ave STE 400, Chicago, IL

Listing date Mar 26, 2026

MLS# 12601862

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.


Overview

Chicago Multifamily Investment Opportunity

This solid 6-unit brick building in Chicago presents a value-add investment opportunity. The property consists of six 2-bedroom, 1-bath units, each featuring a functional layout with separate living and dining areas, and kitchens with pantry space. A new owner can implement updates to increase rental income and stabilize the asset. Additional features include a 3-car detached garage. The property is located just south of the South Shore area, providing easy access to South Shore Drive, Lake Michigan, major highways, and public transportation in multiple directions. This location offers an excellent opportunity to build equity and long-term cash flow. The property is being sold AS-IS.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.556156
Latitude
41.750306

FAQs

What type of property is this?
Apartment building - Six-unit building near South Shore, Chicago. Value-add potential.
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: Value‑add investment opportunity with potential to increase rental income through updates.; Solid 6‑unit brick building.; Each unit has 2 bedrooms and 1 bath with separate living and dining areas, plus kitchen pantry space.
More about this property
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