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Fully Rented 6-Unit Apartment Building
For Sale
$815,000

7829 Normandy Avenue, Burbank, IL 60459

Month-to-month leases offer flexibility for future ownership and management decisions.

Property Size7,980 SF
Price / SF$102.13
Days on Market169

Property Features for 7829 Normandy Avenue

General Information

Standard status Active
Size 7,980 SF
Property subtype Multi Family 5+ / Corridor-Interior Entrance
Zoning MULTI
Occupancy 100%
Net Operating Income $49,000

Additional Details

Sprinkler System Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $18,685

Amenities

coin laundry
security camera system

Building Details

Year Built 1973
Buildings 1
Stories 3
Listing Agency: Baird & Warner
Listed By: Isabella Tylka · License #475216853
Source: Compass
Added: Mar 15 Changed: Aug 30 Last Checked: Aug 30 at 1:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner

Investment Insights

Based on property information with market context.

This 6-unit apartment building in Burbank contains 7,980 square feet and was constructed in 1973. The property is fully rented, with most apartments featuring updated kitchens, bathrooms, and appliances. Building improvements include a new boiler and hot water heater installed in 2025 and a roof replacement completed in 2019.

Common-area and operational features include coin-operated laundry in the basement, a security camera system, and a sprinkler system. All tenants occupy the property under month-to-month leases, allowing the next owner to manage tenancy terms as leases turn over. The property is zoned MULTI and is located at 7829 Normandy Avenue. Showings require 48 hours’ notice, with pre-approval or proof of funds required before scheduling.

Key Highlights

  • Fully rented 6‑unit apartment building
  • 7,980 SF building constructed in 1973
  • New boiler and hot water heater installed in 2025

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Skin Care Clinic Daycare Center

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
100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

Demographics for 60459, IL

29,451
Population
10,012
Households
2.9
Avg Household Size
38
Median Age
15%
College-Educated
79%
High-School Grad
4.2 sq mi
ZIP Area
7,012
Density / Sq Mi
$83,975
Median Household Income
$41,931
Median Earnings
$1,241
Median Rent
$258,900
Median Home Value

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 - Month-to-month leases offer flexibility for future ownership and management decisions.
Where is this apartment building located?
The property is located at 7829 Normandy Avenue Burbank, IL.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Fully rented 6‑unit apartment building; 7,980 SF building constructed in 1973; New boiler and hot water heater installed in 2025
More about this property
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