$815,000

7829 Normandy Ave Burbank, IL 60459

Estimated payment $5,797/month

Total Views 184
-- Bed
-- Bath
5,880 Sq Ft
$139 Price per Sq Ft

About This Home

Rare opportunity to acquire a fully rented 6-unit building in Burbank. A new boiler and hot water heater were installed in 2025, along with a new roof in 2019. Most units feature updated kitchens, bathrooms, and appliances, supporting future rent growth. The property also includes coin laundry in the basement, a security camera system, and a sprinkler system, offering long-term operational value. All tenants are on month-to-month leases, providing a new owner with the opportunity to increase rents to market rate. Pre-Approval or proof of funds required before showing.

Listing Agent

Isabella Tylka

Baird & Warner License #475216853 Listed on: 03/16/2026

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,685

Year Built

  • Built in 1973

Lot Details

  • 7,980 Sq Ft Lot
  • Lot Dimensions are 60 x 123.36

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 5,880 Sq Ft Home
  • 3-Story Property
  • Fire Sprinkler System
  • Partially Finished Basement

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $460
  • Fuel Expense $2,940
  • Insurance Expense $3,435
  • Trash Expense $1,320
  • Water Sewer Expense $2,595
  • Operating Expense $13,000
  • Gross Income $81,000
  • Net Operating Income $49,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,685

Year Built

Built in 1973

Lot Details

7,980 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1973
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Possible Use: Multi-Family
  • Fire Protection: Sprinklers-Wet
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Roof: Composition
  • Roof Structure: Pitched

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Utilities: Sewer Connected
  • Heat/Ventilation: Gas,Hot Water

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1320
  • Water Sewer Expenses: 2595

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 60 x 123.36
  • Lot Size Sq Ft: 7980
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Alternate Phone Number: (312) 640-7010

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month

Building Info

  • BuildingAreaTotal: 5880
  • Building Unit Info: Fire Alarm,Smoke/Alarm Detector,Sprinkler System,Storage/Locker Area

Multi Family

  • Net Operating Income: 49000
  • Fuel Expense: 2940
  • Insurance Expense: 3435
  • ElectricExpense: 460
  • GrossIncome: 81000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 13000
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 18685
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2026 03/16/26 For Sale $815,000 -- $139 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12561455

Midwest Real Estate Data (MRED)
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