7800 South Burnham Avenue

Chicago, IL 60649

$445,000
Price
12
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent investment opportunity to purchase this all brick 6-unit building. The property is a bright and sunny unit on a corner lot, located in Chicago's South Shore neighborhood, a rapidly growing residential area along the shore of Lake Michigan and within blocks to Tiger Woods Golf Course, Rainbow Beach, CTA bus lines and two Metra-train stations (Windsor Park & Cheltenham) makes this an attractive location for sourcing tenantsExcellent investment opportunity to purchase this all brick 6-unit building. The property is a bright and sunny unit on a corner lot, located in Chicago's South Shore neighborhood, a rapidly growing residential area along the shore of Lake Michigan and within blocks to Tiger Woods Golf Course, Rainbow Beach, CTA bus lines and two Metra-train stations (Windsor Park & Cheltenham) makes this an attractive location for sourcing tenants
  1. Listed by Juan Uribe • Vorobey Properties, Inc.

Property Details for 7800 South Burnham Avenue

Area
CHI - South Shore
Township
Hyde Park
Zoning
MULTI

Location

Listing Courtesy of Vorobey Properties, Inc.
Add your commute
LISTING UPDATED: 04/02/2024 12:06 AM

Property Details for 7800 South Burnham Avenue

StatusActive
MLS #11941625
Days on Market160
Taxes$2,322 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1919
Lot Size0.11 AC / 4,791 SF
CountyCook County

Location

Listing Courtesy of Vorobey Properties, Inc.
Add your commute

Building Information for 7800 South Burnham Avenue

Stories-Residences6Year Built1919Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,622 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,429

Property Taxes

$194

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7800 South Burnham Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 0.0
Location and General Information
  • Information: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Gas,Hot Water
  • Num of Baths: 6.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 40X125
  • Stories: 2
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Foundation Details: Concrete Perimeter
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 13
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $.00
  • Gross Income: $81,600.00
  • Gross Scheduled Income: $81,600.00
  • Insurance Expense: $.00
  • Maintenance Expense: $1,200.00
  • Janitor Expense: 1200
  • Total Monthly Income: 6800
  • Net Operating Income: $.00
  • Operating Expense: $8,922.00
  • Other Expense: $.00
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $2,400.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7800 South Burnham Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7800 South Burnham Avenue

Taxable ValueLand$5,088Additions$15,912Total$21,000
Tax Record2022$4,319 ($360 / month)
Home Facts
Baths6.5Total Finished SqFt7,112 SqFtAbove Grade Finished SqFt7,112 SqFtStories2Lot Size5,088 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN21-30-331-016

Schools near 7800 South Burnham Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 4 to 12
Public - 9 to 12
Rating
School
Distance
CAMELOT SAFE ACADEMY SCHOOL
Public4 to 12

Excel Academy - Woodlawn HS
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

7800 South Burnham Avenue is a multi-family home for sale in Chicago, IL 60649. This property was listed for sale on December 4, 2023 by Vorobey Properties, Inc., it's currently listed at $445,000. It has been on the market for a total of 160 days and was last sold on March 22, 2019. This listing's school district is City Of Chicago School District 299. Nearby schools include Bradwell Community Arts & Sci Elementary School, Chicago Vocational Career Academy High School and CAMELOT SAFE ACADEMY SCHOOL. 7800 South Burnham Avenue is a 12-bed, 6-bath, multi-family home built in 1919.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vorobey Properties, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.