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    8919 Burlington Ave Brookfield, IL 60513

    For Sale
    $349,000

    Multifamily property in Brookfield with rental income potential.

    Property size:
    6,900 SF
    Lot size:
    0.06 Acres

    Property Features for 8919 Burlington Ave

    General Information

    Size
    6,900 SF
    Lot size
    0.06 Acres

    Source: Lagestee-Mulder (LM) Agent Martha Winter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brookfield Multifamily with Rental Income

    This property features modern common areas, custom kitchen cabinetry, and stainless steel appliances. LVT flooring and quartz countertops with ceramic tile backsplash are present throughout. A fire sprinkler system and bike storage room are included. The property offers rental income potential. Based on recent rental comps from a nearby 42-unit Brookfield offering, 1BR average rent is approximately $1,896 (approximately $2.61/SF), and 2BR average rent is approximately $2,243 (approximately $2.07/SF). Projected gross monthly rent potential exceeds $12,000, positioning this project as a lucrative income-producing asset in a growing commuter-friendly community. The property size is 6900 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Brookfield
    County
    Cook
    State
    Illinois
    Longitude
    -87.8449669
    Latitude
    41.8212914

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    FAQs

    What type of property is this?
    Retail space - Multifamily property in Brookfield with rental income potential.
    Where is this retail space located?
    The property is located at 8919 Burlington Ave Brookfield, IL.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - High Rental Income Potential: Projected gross monthly rent potential exceeds $12,000.; - Lucrative Income-Producing Asset: Positioned as a strong investment in a growing community.; - Modern Kitchen: Features custom cabinetry, stainless steel appliances, and quartz countertops with ceramic tile backsplash.
    (224) 523-9174
    Request Owner's contact information
    8919 Burlington Ave Brookfield, IL 60513
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    Brookfield, IL 60513
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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
    8919 Burlington Ave Brookfield, IL 60513
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