The Burnham - 2730-34 E 79th / 7848-50 S Burnham

For Sale

7850 S Burnham, Chicago, IL 60649

This Chicago property for sale is located at 7850 S Burnham. The general use of The Burnham - 2730-34 E 79th / 7848-50 S Burnham is multi-family and it incorporates 16,092 square feet of class C multi-family space. The current listed sale price for The Burnham - 2730-34 E 79th / 7848-50 S Burnham is $875,000. The Burnham - 2730-34 E 79th / 7848-50 S Burnham is situated on a lot that is 0.35 acre in size.

Contacts

broker
Phillip Gross

33 Realty

Property Details

  • Property Type Multi-Family
  • Property Size 16,092 SF
  • Units 13
  • Lot Size 0.35 Acre
  • Building Class C
  • Year Built 1924
  • Year Renovated 2024
  • Date Updated Jun 18, 2025
The South Lakefront Submarket in Chicago offers a vibrant mix of neighborhoods, each with its own unique character and appeal. From the affluent communities of South Shore, Kenwood, and Hyde Park, which benefit from proximity to the globally renowned University of Chicago and its prestigious medical system, to the culturally rich Bronzeville and Woodlawn areas, this submarket caters to a diverse range of residents. Employment opportunities are abundant, particularly with the anticipated development of the Obama Presidential Library in Jackson Park, promising positive changes and growth. With steady demand, improving fundamentals, and moderate rent increases in line with historical averages, the South Lakefront Submarket presents an enticing opportunity for those seeking a dynamic urban lifestyle with access to top-notch amenities and employment opportunities.A Strategic Value-Add Investment in the Heart of Chicago. Presenting 2730 E 79th St: a 10-unit multifamily property engineered for investor success. This is your opportunity to capitalize on a proven asset with significant upside. The property features a strong unit mix of eight 2-bedroom and two 1-bedroom apartments. Key Investment Highlights: Immediate Value: 5 of the 10 units were completely renovated in 2024, blending timeless appeal with the modern finishes today's renters demand. Untapped Potential: Capitalize on the opportunity to increase rents to market rates and complete additional rehab on the remaining units. Optimize & Profit: This is the ideal scenario for a value-add investor to step in, optimize performance, and realize immediate ROI. Seize this opportunity to add a high-performing asset to your portfolio. Contact us today for a private viewing.
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Highlights

  • 13 units - 10 Residential and 3 Commercial (Leased)
  • 5 Units Fully Gut Renovated in 2024
  • Desirable unit mix: 8 2-bedroom units, 2 1-bedroom units
  • Ideal for multifamily/mid-rise investor
  • Prime South Shore location
  • Zoned B3-2

Getting around

  • 71/100

    Walk Score ®

  • 67/100

    Transit Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood South Shore
  • Zip Code 60649
  • Market Chicago

Points of Interest

  • Windsor Park

    0.45 miles

  • 83rd Street

    0.56 miles

  • South Shore

    1.00 miles

  • 87th Street

    1.05 miles

  • South Chicago (93rd Street)

    1.78 miles

  • Stony Island

    1.85 miles

  • 63rd Street

    2.57 miles

  • 55th-56th-57th Street

    3.22 miles

  • 51st-53rd Street (Hyde Park)

    3.74 miles

  • 95th/Dan Ryan

    4.06 miles

  • GoLo

    0.33 miles

  • Citgo

    0.49 miles

  • All Star

    0.57 miles

  • Amstar

    0.70 miles

  • Fuel Star

    1.01 miles

  • Midwest

    1.13 miles

  • BP

    1.41 miles

  • ChargePoint

    3.34 miles

  • Tesla Supercharger

    4.64 miles

  • eVgo

    9.01 miles

  • 83rd Street Metra Park & Ride

    0.57 miles

  • 93rd St. (South Chicago) Station Parking Lot

    1.90 miles

  • Trailer Parking

    2.17 miles

  • Dorchester Parking Lot

    2.86 miles

  • Chapin Hall Parking Lot

    2.93 miles

  • Kimbark South Parking Garage

    2.97 miles

  • Lexington Parking Lot

    3.27 miles

  • Campus South Parking

    3.33 miles

  • Parking/Materials Management

    3.53 miles

  • Medical Campus Parking Garage A

    3.58 miles

  • South Shore Motel

    1.48 miles

  • Skyway Motel

    2.20 miles

  • Stony Island Motel

    2.22 miles

  • East of the Ryan

    2.31 miles

  • Empire Motel

    2.48 miles

  • Admiral Motel

    2.95 miles

  • The Study at the University of Chicago

    3.03 miles

  • Best Motel

    3.40 miles

  • Hyatt Place Chicago-South/University Medical Center

    3.69 miles

  • Sophy Hotel

    3.71 miles

  • Save-A-Lot

    0.51 miles

  • Cecy's Molino De Masa

    0.91 miles

  • Local Market Foods

    1.27 miles

  • La Fruteria

    1.34 miles

  • Macias Produce

    1.39 miles

  • El Guero

    1.50 miles

  • La Jerezana

    1.56 miles

  • ALDI

    1.59 miles

  • 1st Choice Market

    1.59 miles

  • Jewel-Osco

    1.62 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Phillip Gross

33 Realty

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