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Six-Unit Brick Apartment Building
New
For Sale
$420,000

7951 S Burnham Avenue, Chicago, IL 60617

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market7

Property Features for 7951 S Burnham Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 42
Bathrooms 21
Full bathrooms 21
Rooms Bedroom 29, Bedroom 13, Bathroom 21, Bedroom 3, Bedroom 23, Bathroom 9, Bedroom 39, Bedroom 12, Bathroom 4, Bedroom 17, Bedroom 20, Bathroom 14, Bedroom 7, Bathroom 17, Bedroom 37, Bedroom 18, Bedroom 15, Bedroom 33, Bathroom 11, Bedroom 22, Bedroom 36, Bedroom 34, Bathroom 7, Bathroom 19, Bedroom 31, Bedroom 25, Bedroom 35, Basement, Bedroom 5, Bedroom 6, Bedroom 28, Bedroom 42, Bedroom 14, Bedroom 41, Bathroom 2, Bathroom 10, Bedroom 27, Bathroom 1, Bathroom 6, Bathroom 20, Bedroom 32, Bathroom 18, Bedroom 21, Bedroom 8, Bedroom 10, Bedroom 4, Bathroom 15, Bedroom 11, Bedroom 2, Bedroom 30, Bathroom 8, Bathroom 12, Bathroom 13, Bedroom 16, Bedroom 26, Bathroom 3, Bathroom 16, Bedroom 1, Bedroom 9, Bathroom 5, Bedroom 40, Bedroom 19, Bedroom 24, Bedroom 38
Basement Unfinished
Directions 79TH STREET EAST OF MUSKEGON NORTH TO BUILDING
Subdivision CHI - South Chicago
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
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Tyrone Green · License #475179138
Added: Sep 8 Changed: Sep 14 Last Checked: Sep 14 at 2:06AM
MLS# 12746962

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1925, this six-unit brick apartment building contains six two-bedroom, one-bath residences. Each unit has distinct living and dining areas, a kitchen with pantry storage, and a functional floor plan. The property is offered AS-IS and includes a detached three-car garage.

The building is located at 7951 S Burnham Avenue in Chicago’s 60617 ZIP code, south of the South Shore area. Access is available to South Shore Drive, major highways, Lake Michigan, and public transportation serving multiple directions. MULTI zoning supports the property’s apartment-building configuration.

Key Highlights

  • Six 2‑bedroom, 1‑bath apartment units
  • Brick building constructed in 1925
  • Separate living and dining areas in each unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

755
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Brick multifamily property with separate living and dining areas, pantry-equipped kitchens, and a detached garage.
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: Six 2‑bedroom, 1‑bath apartment units; Brick building constructed in 1925; Separate living and dining areas in each unit
More about this property
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