South Shore Multi-Unit
For Sale
Contact for pricing
Pending
7843 S Burnham Avenue, Chicago, IL 60649
Multi-unit property with finished basement and started rehab, sold as-is and positioned near major transit options.
Property SizeContact for details
Days on Market61
Property Features for 7843 S Burnham Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Building Details
Year Built
1913
Listing Agency:
RE/MAX 10
(708) 774-1485
Listed By:
Bryant Triplett · License #475186009
Source:
Crexi
Added: Jun 11
Changed: Aug 8
Last Checked: Jul 24 at 1:37PM
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 RE/MAX 10
Investment Insights
Based on property information with market context.
This South Shore multi-unit duplex has a finished basement and a rehab already in progress. The basement includes additional finished living space, with an option to configure the home as a duplex from the first floor. The layout as described provides two additional bedrooms and a full finished bathroom, supporting flexible residential use depending on how the final touches are completed. The property is being sold as-is.
The home is located minutes from the beach and near the South Shore Cultural Center. It is also described as being close to the Obama Presidential Library and within reach of Downtown Chicago, with access to Metra and CTA transportation.
For an owner-occupant or buyer looking to offset living expenses, the current configuration and the option for duplex-style use from the first floor can support a practical multi-unit residential plan. Because the rehab has been started and the property is sold as-is, interested parties should plan for completion of remaining work and confirm final configuration requirements during due diligence.
The home is located minutes from the beach and near the South Shore Cultural Center. It is also described as being close to the Obama Presidential Library and within reach of Downtown Chicago, with access to Metra and CTA transportation.
For an owner-occupant or buyer looking to offset living expenses, the current configuration and the option for duplex-style use from the first floor can support a practical multi-unit residential plan. Because the rehab has been started and the property is sold as-is, interested parties should plan for completion of remaining work and confirm final configuration requirements during due diligence.
Key Highlights
- South Shore multi‑unit property built in 1913
- Finished basement with option to duplex from the first floor
- Started rehab in place—buyer can complete upgrades using a 203K
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Explore this area
Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Multi-unit property with finished basement and started rehab, sold as-is and positioned near major transit options.
Where is this duplex located?
The property is located at 7843 S Burnham Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: South Shore multi‑unit property built in 1913; Finished basement with option to duplex from the first floor; Started rehab in place—buyer can complete upgrades using a 203K
