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$ 415,000

Est. payment -/mo

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Price Dropped by $8K

7801 S Burnham AVE Chicago, IL 60649

7,254 SqFt

UPDATED:

10/16/2024 02:42 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,254 sqft

Price per Sqft $57

MLS Listing ID 12159408

Maintenance Fees $1,069

Year Built 1911

Annual Tax Amount $2,468

Tax Year 2022

Lot Size 6,534 Sqft

Lot Dimensions 42X159

Property Description

This is an outstanding investment opportunity: Already Cash Flowing, it is looking for its next investor, an all-brick 6-unit building nestled in Chicago's vibrant South Shore neighborhood. Positioned on a corner lot, this property basks in natural light and boasts proximity to key attractions like Tiger Woods Golf Course, Rainbow Beach, and convenient transportation hubs. With easy access to CTA bus lines and two Metra-train stations, attracting tenants is a breeze. Additionally, the property features an attached brick 3-car garage, adding value and convenience. What sets this investment apart is its rental income and positive cash flow, ensuring a steady return on your investment. Don't miss out on this chance to capitalize on the flourishing real estate market in one of Chicago's most sought-after areas.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Listed by Thomas Sweeney • Baird & Warner

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