7801 S Burnham Ave Chicago, IL 60649
South Shore Neighborhood
--
Bed
--
Bath
7,254
Sq Ft
6,678
Sq Ft Lot
Highlights
- Laundry Room
- Central Heating
- 3-minute walk to Cheltenham Station
About This Home
As of January 2025This is an outstanding investment opportunity: A 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,468
Year Built
- Built in 1911
Lot Details
- 6,678 Sq Ft Lot
- Lot Dimensions are 42x159
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 7,254 Sq Ft Home
- 2-Story Property
- Laundry Room
Utilities
- No Cooling
- Central Heating
- Radiator
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $1,407
- Fuel Expense $2,506
- Insurance Expense $6,164
- Maintenance Expense $1,069
- Other Expense $1,065
- Trash Expense $4,191
- Water Sewer Expense $6,262
- Operating Expense $26,901
- Gross Income $80,400
- Net Operating Income $53,499
Similar Homes in Chicago, IL
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2025 01/24/25 | Sold | $420,000 | +1.2% | $58 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | For Sale | $415,000 | +15.3% | $57 / Sq Ft |
| 08/10/2021 08/10/21 | Sold | $360,000 | 0.0% | $50 / Sq Ft |
| 08/10/2021 08/10/21 | Sold | $360,000 | -10.0% | $50 / Sq Ft |
| 06/28/2021 06/28/21 | Pending | -- | -- | -- |
| 06/22/2021 06/22/21 | For Sale | $399,900 | +11.1% | $55 / Sq Ft |
| 06/17/2021 06/17/21 | Off Market | $360,000 | -- | -- |
| 05/18/2021 05/18/21 | For Sale | $399,000 | +10.8% | $55 / Sq Ft |
| 04/26/2021 04/26/21 | Off Market | $360,000 | -- | -- |
| 04/14/2021 04/14/21 | For Sale | $399,000 | +134.7% | $55 / Sq Ft |
| 02/12/2019 02/12/19 | Sold | $170,000 | -14.6% | -- |
| 01/30/2019 01/30/19 | Pending | -- | -- | -- |
| 12/18/2018 12/18/18 | For Sale | $199,000 | 0.0% | -- |
| 11/15/2018 11/15/18 | Pending | -- | -- | -- |
| 10/05/2018 10/05/18 | Price Changed | $199,000 | -17.0% | -- |
| 09/28/2018 09/28/18 | Price Changed | $239,900 | -4.0% | -- |
| 08/31/2018 08/31/18 | For Sale | $250,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tom Sweeney
Seller's Agent in 2025
Tom Sweeney
Baird Warner
(630) 776-5556
50 in this area
140 Total Sales
-
Elizabeth Barden
E
Buyer's Agent in 2025
Elizabeth Barden
Centre Court Properties LLC
(708) 228-9761
1 in this area
38 Total Sales
-
Juan Uribe
J
Seller's Agent in 2021
Juan Uribe
Vorobey Properties, Inc.
(773) 416-2804
3 in this area
41 Total Sales
-
Virgil Jones
Seller's Agent in 2019
Virgil Jones
Coldwell Banker Realty
(773) 965-1315
34 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12194594
APN: 21304070010000
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