7951 S Burnham Avenue
Chicago, IL, 60617
$420,000
12 Beds
6 Baths
0 SqFt
0 Acres
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MLS #MRD12601862 image #0
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

Property Details

Price:
$420,000
MLS #:
MRD12601862
Status:
Active
Beds:
12
Baths:
6
Type:
Commercial
Neighborhood:
chisouthchicago
Listed Date:
Mar 26, 2026
Year Built:
1925
Chi – South ChicagoChisouthchicago

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Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Stories
3

Financial

Tax Year
2024
Taxes
$5,881

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 13, 2026
922
Commercial Listed
185
Avg DOM
$995,429
Avg List Price

Property Summary

    7951 S Burnham Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60617. It is listed for $420,000

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