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One-Level Quadplex with Garage
For Sale
$575,000

7901 Newland Avenue, Burbank, IL 60459

Fully leased multifamily property with on-site laundry and access to public transportation.

Property SizeContact for details
Days on Market64

Property Features for 7901 Newland Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes

Amenities

on-site laundry room
Radiant

Building Details

Year Built 1961
Buildings 1
Stories 1
Listing Agency: Village Realty
Listed By: Michael Sacha
Source: Kw
Added: Jun 28 Changed: Aug 29 Last Checked: Aug 29 at 6:20PM

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 Village Realty

Investment Insights

Based on property information with market context.

7901 Newland Avenue is a one-level quadplex built in 1961, with four residential units currently leased. Each unit includes one bedroom, one bathroom, a living room, and a kitchen, creating a consistent layout across the property.

On-site laundry serves the building, and the property includes a two-car garage that provides additional rental functionality. Radiant interior heating is also featured. The property is located in Burbank near schools, shopping, and public transportation.

Key Highlights

  • Four one‑bedroom, one‑bathroom units
  • Fully leased quadplex
  • One‑level building constructed in 1961

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Hair Salon Daycare Center Skin Care Clinic

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

461
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased multifamily property with on-site laundry and access to public transportation.
Where is this quadplex located?
The property is located at 7901 Newland Avenue Burbank, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units; Fully leased quadplex; One‑level building constructed in 1961
More about this property
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