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7 Properties Within 0.5 miles of: 7841 Normandy, Burbank

7841 Normandy
Burbank, IL 60459

  • Built In 1974
Price

$750,000

Est Payment
$5,493 / month (details)  
Taxes
$18,209  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
60X134  
Built
1974  
Neighborhood
Burbank / Nottingham Park  
MLS
#12348702
Status
Active (3 days)

Property Description

Incredible opportunity to acquire a massive all-brick 6-unit building offering nearly 6,000 sq ft plus a full concrete basement - extremely well-maintained by long-term owners who prioritized preventative care. Each all-electric unit features 2 large bedrooms, 1 bath, private balconies, and front/back hallways. Tenants pay their own heat and electric, keeping expenses low and NOI high. All tenants are month-to-month, creating immediate upside potential through lease restructuring and rental increases. Property includes a large, well-kept asphalt lot with plentiful parking, tenant and owner storage, and a common laundry room. Excellent location near new I-294 ramp, public transit, strong schools, and Stickney Township healthcare system - all major tenant draws. This is a rock-solid, cash-flow-ready building on a beautiful block, perfect for both seasoned and first-time multi-unit investors looking for stability, growth, and location-driven demand. Attention: Purchase 7841 & 7835 Normandy together for a powerful portfolio addition!

Property Map

Property Details

Utilities

  • Heating
  • Cooling Wall Sleeve
  • Water Municipal Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-25-2025 Listed at $750,000
Last Modified 4/25/25 8:17 PM

Nearby Transportation

  • I 294 South 2.3 mi
  • I 294 North 2.3 mi
  • Hwy 171 South 3.1 mi
  • I 55 North 3.5 mi
  • I 55 South 3.6 mi
  • Hwy 171 North 4.1 mi
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