7829 Normandy Ave Burbank, IL 60459
Estimated payment $5,848/month
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. NEED 48 HOUR NOTICE PRIOR TO SHOWINGS. Pre-Approval or proof of funds required before showing.
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | Pending | -- | -- | -- |
| 04/06/2026 04/06/26 | For Sale | $815,000 | 0.0% | $139 / Sq Ft |
| 03/26/2026 03/26/26 | Pending | -- | -- | -- |
| 03/16/2026 03/16/26 | For Sale | $815,000 | -- | $139 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12561455
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.