Burbank, IL 60459,7841 Normandy AVE
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Burbank, IL 60459,7841 Normandy AVE
Burbank, IL 60459,7841 Normandy AVE
Burbank, IL 60459,7841 Normandy AVE
Burbank, IL 60459,7841 Normandy AVE

$750,000

Est. payment /mo

$750,000

Est.Price: ?

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7841 Normandy AVE Burbank, IL 60459

5,880 SqFt

SOLD DATE : 05/21/2025

Key Details

Sold Price $750,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 5,880 sqft

Price per Sqft $127

MLS Listing ID 12348702

Sold Date 05/21/25

Year Built 1974

Annual Tax Amount $18,209

Tax Year 2023

Lot Dimensions 60X134

Property Sub-Type Multi Family 5+

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 units have their own thermostat and hot water heater. 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! Per information received although not verified roofs are about 5 years old.

Location

State IL

County Cook

Area Burbank / Nottingham Park

Zoning MULTI

Rooms

Basement Partially Finished

Interior

Cooling Wall Sleeve

Fireplace N

Exterior

Utilities Available Sewer Connected

Roof Type Composition

Building

Water Municipal Water

Level or Stories 3

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Joanna Lewkowicz • Boutique Home Realty
Bought with Khaled Muza • RE/MAX 10
agent

Michael Schatz

+1(312) 961-4450

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