About This Home

This 42-bedroom, 21-bathroom residential multi family at 7951 S Burnham Avenue in Chicago, IL is listed for $420,000. Built in 1925, on a N/A lot.

Key Features

  • Built in 1925
  • 3 stories

Property Details

3 stories
21 full
1925
Listing Description

ESTATE SALE! Value-Add Investment Opportunity: Solid 6-unit brick building comprised of (6) 2-bedroom, 1-bath units. Each unit offers a functional layout with separate living and dining areas, along with kitchens that include pantry space. The property presents a strong opportunity for a new owner to implement updates and add value over time, with the ability to increase rental income.

Ideal for investors seeking to stabilize and grow the asset. Additional features include a 3-car detached garage. Located just south of the South Shore area, with easy access to South Shore Drive, Lake Michigan, major highways, and public transportation in multiple directions. Excellent opportunity to build equity and long-term cash flow. AS-IS

Monthly Cost Estimate

$2,246/mo

20% down · 6.5% · 30 years

Principal$304
Interest$1,820
Insurance$123

Estimates only. Actual payments may vary.

Location

7951 S Burnham Avenue

Chicago, IL 60617

Property Details

Construction

Brick

Questions & Answers

This 42-bedroom, 21-bathroom residential multi family at 7951 S Burnham Avenue is listed at $420,000. The estimated monthly payment is $2,247 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 3 stories.

This property is listed by Tyrone Green.

TG

Tyrone Green

Agent at Keller Williams Chicago ONEChicago

Listed by Keller Williams Chicago ONEChicago · Broker phone: (312) 216-2422 · View on Broker Site · Broker website

MLS# 12746962· Source: Midwest Real Estate Data, LLC· 51 days on PropertySimple

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.

7951 S Burnham Avenue, Chicago, IL 60617

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