$115,000
7941 S Burnham Avenue
Chicago, IL, 60617
Investor Alert! Don’t miss this incredible opportunity to own a duplex with an additional studio unit, a true value-add property brimming with potential. Originally a single-family home, it was later converted into a duplex, and now also features a separate studio accessible via an exterior spiral staircase. The layout offers flexibility, restore it back to a spacious single-family residence or maximize income as a multi-unit investment. A full renovation is needed, but the upside is undeniable. The property also includes a basement with generous storage space, adding even more appeal. Perfect for experienced investors ready to take on a high-potential project. Cash buyers only. Quick close available. Seize this chance to transform and profit from a property with unlimited potential! Please bring a Flashlight and sign the hold-harnless before scheduling your showings.
Property Details
Price:
$115,000
MLS #:
MRD12499030
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Neighborhood:
chisouthchicago
Listed Date:
Oct 21, 2025
Finished Sq Ft:
2,402
Year Built:
1906
Schools
School District:
299
Elementary School:
Bradwell Comm Arts & Sci Element
Middle School:
Bradwell Comm Arts & Sci Element
Interior
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Heating
Natural Gas
Exterior
Construction Materials
Vinyl Siding, Brick
Other Structures
None
Financial
HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$1,094
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Single Family in Chicago as of Nov 13, 2025
3,005
Single Family Listed
69
Avg DOM
219
Avg $ / SqFt
$516,832
Avg List Price
Community
- Address7941 S Burnham Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
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Property Summary
- 7941 S Burnham Avenue Chicago IL is a Single Family for sale in Chicago, IL, 60617. It is listed for $115,000 and features 4 beds, 3 baths, and has approximately 2,402 square feet of living space, and was originally constructed in 1906. The current price per square foot is $48. The average price per square foot for Single Family listings in Chicago is $219. The average listing price for Single Family in Chicago is $516,832. To schedule a showing of MLS#mrd12499030 at 7941 S Burnham Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7941 S Burnham Avenue
Chicago, IL
