Chicago Multifamily Investment Opportunity

7951 S Burnham Avenue, Chicago, IL 60617

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For Sale

$420,000

MULTI_FAMILY - Chicago, IL

HighLights

Solid 6‑unit brick building built in 1925
Unit mix: (6) 2‑bedroom, 1‑bath units with separate living and dining areas
Kitchens in each unit include pantry space
Includes a 3‑car detached garage
Offered as‑is

We can help!

Contact an agent

Tyrone Green

For Sale

$420,000

MULTI_FAMILY - Chicago, IL

Added:: Mar 26, 2026
Days on Market:: 96
Last Refresh:: Jun 29 at 11:06 pm

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

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 5881

Building Details

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

We can help!

Contact an agent

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 Listing URL

HighLights

Solid 6‑unit brick building built in 1925
Unit mix: (6) 2‑bedroom, 1‑bath units with separate living and dining areas
Kitchens in each unit include pantry space
Includes a 3‑car detached garage
Offered as‑is

Overview

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 Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.556156
Latitude: 41.750306

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For sale
Apartment buildings
IL
Chicago
60617
7951 S Burnham Avenue

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: Solid 6‑unit brick building built in 1925; Unit mix: (6) 2‑bedroom, 1‑bath units with separate living and dining areas; Kitchens in each unit include pantry space

7951 S Burnham Avenue, Chicago, IL 60617

MULTI_FAMILY - Chicago, IL

Property Features for 7951 S Burnham Avenue

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Chicago Industrial Flex Warehouse

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with PPA License

Turnkey Restaurant Venue with Licenses

Turnkey Restaurant Opportunity in Chicago

Prime Retail Space in Chicago

Chicago Office Building with Parking

Convenience Store Retail Building with Parking

Chicago Commercial Buildings For Sale

Fulton River District Commercial Loft

Wicker Park Corner Retail Building

Corner Retail Suite in New Elevator Building

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