$420,000
7951 S Burnham Avenue
Chicago, IL, 60617
ESTATE SALE! 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 #:
MRD12746962
Status:
Active
Beds:
12
Baths:
6
Type:
Commercial
Neighborhood:
chisouthchicago
Listed Date:
Sep 8, 2026
Year Built:
1925
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Stories
3
Financial
Tax Year
2024
Taxes
$5,881
Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Oct 11, 2026
890
Commercial Listed
184
Avg DOM
$1,025,463
Avg List Price
Community
- Address7951 S Burnham Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
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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#mrd12746962 at 7951 S Burnham Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
7951 S Burnham Avenue
Chicago, IL
