7951 S Burnham Avenue
Chicago, IL, 60617
$420,000
12 Beds
6 Baths
0 SqFt
0 Acres
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$420,000
7951 S Burnham Avenue
Chicago, IL, 60617
MLS #MRD12601862 image #0MLS #MRD12601862 image #1
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

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Stories
3

Financial

Tax Year
2024
Taxes
$5,881
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Apr 05, 2026
931
Commercial Listed
194
Avg DOM
$1,038,730
Avg List Price

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Property Summary

    7951 S Burnham Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60617. It is listed for $420,000 To schedule a showing of MLS#mrd12601862 at 7951 S Burnham Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7951 S Burnham Avenue
Chicago, IL