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Image 1 - 7801 S Burnham Ave, Chicago, Illinois, 60649 - House for sale
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Home For Sale In Chicago, Illinois
7801 S Burnham Ave, Chicago, Illinois, 60649

Home For Sale In Chicago, Illinois

house for sale
Listed: 06/18/24

7801 S Burnham Ave, Chicago, Illinois, 60649

Studio Bed:
7 Bath:
Save
Price
$ 425,000

About This House

Here's an outstanding investment opportunity: 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 guaranteed 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.

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Windsor Park Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.