Chicago, IL 60649 7801 S Burnham Avenue

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Presented By: Baird & Warner
  • MLS# 12159408
  • 09/09/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 2
  • SQFT • 7,254

Home Details

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.
Presented By: Baird & Warner

General for 7801 S Burnham Avenue

Additional Parcels Y/NNo
CityChicago
ContingencyAttorney/Inspection
CoolingNone
CountyCook
Days on Market27
Directions76TH ST TO BURNHAM (2800 EAST) THEN SOUTH TO ADDRESS
ElectricCircuit Breakers
Electric Expense1407
Fuel Expense2506
Gross Income92880
Insurance Expense6164
Lot Size Square Feet6678
MLS AreaCHI - South Shore
MaintenanceExpense1069
Net Operating Income65979
NumberOfUnitsTotal6
Operating Expense26901
Possible UseCondominium, Multi-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount2468.16
Tax Year2022
Tenant PaysElectricity
TownshipHyde Park
Trash Expense4191
Water Sewer Expense6262
Year Built1911
ZoningMULTI

Exterior for 7801 S Burnham Avenue

Building Area Total7254
ExteriorBrick
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions42X159
Lot Size Acres0.15

Additional Details

Price History

Worth Clark

Price $423,999
MLS#12159408
List Date 09/09/2024
Property Type Contingent
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