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7801 S Burnham Avenue

Chicago, IL 60649
  • $415,000
  • STATUS: Active Under Contract
  • ON SITE: 44 Days
  • MLS #: 12194594
Under Contract
$415,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1911
County:
Area:

School Ratings & Info

Description

This is an outstanding investment opportunity: A 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.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-05T23:59:23.437 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7801 S Burnham Avenue Chicago, IL 60649

  • Price: $415,000
  • Status: Active Under Contract
  • On Site: 44 Days
  • MLS #: 12194594
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1911
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
This is an outstanding investment opportunity: A 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.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking OtherParking-Street Roof Structure Flat

Interior Features

Cooling None Heat Ventilation Central Heat/Indiv ControlsRadiators Miscellaneous Inside Laundry Room Number Of Dishwashers 0 Number Of Dryers 2 Number Of Ranges 6 Number Of Washers 2

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 7254 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Electric Circuit Breakers Gross Income 80400 Gross Scheduled Income 80400 Insurance Expense 6164 Maintenance Expense 1069 Mls Actual Status Contingent Net Operating Income 53499 Operating Expense 26901 Possible Use CondominiumMulti-Family Tax Annual Amount 2468.16 Tax Year 2022 Tenant Pays Electricity Total Monthly Income 6700 Township Hyde Park Type Multi Family 5+ Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 630-964-1855.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-05T23:59:23.437 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Champaign IL, 61822