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Property

Burbank, IL 60459 7841 Normandy Avenue

$750,000

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Presented By: Boutique Home Realty
  • MLS# 12348702
  • 04/25/2025
  • Get pre-approved
  • Request Tour
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7841 Normandy Avenue
  • Beds • 2
  • SQFT • 5,880

Home Details

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.
Presented By: Boutique Home Realty

Interior Features for 7841 Normandy Avenue

Other Interior Features

BasementPartially Finished

General for 7841 Normandy Avenue

Additional Parcels Y/NNo
CityBurbank
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWall Sleeve
CountyCook
Current UseMulti-Family
DirectionsTake 79th Street to Normandy Ave, North to Property
ElectricCircuit Breakers
Electric Expense1800
Fuel Expense
Gross Income56040
Insurance Expense3450
MLS AreaBurbank / Nottingham Park
MaintenanceExpense
Net Operating Income35620
Number Of Units Total6
Operating Expense24020
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount18209
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipStickney
Trash Expense960
UtilitiesSewer Connected
Water Sewer Expense3000
Year Built1974
ZoningMULTI

Exterior for 7841 Normandy Avenue

Building Area Total5880
Foundation DetailsConcrete Perimeter
Lot Dimensions60X134
Water SourceMunicipal Water

Additional Details

Price History

Austin Pearson

Real Estate Broker
Price $750,000
MLS#12348702
List Date 04/25/2025
Property Type Contingent
Phone 773.325.2800
Get pre-approved
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Request Info
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