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$750,000
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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.
Full Property Details
Full Property Details for 7841 Normandy Ave
General
- Sold For: $750,000
- Taxes: $18,209 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12348702
- Added to Site: 301 day(s) ago
Interior
- Interior Features: Inside Corridor(s), Storage Inside, Laundry Room
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Burbank / Nottingham Park
- County: Cook
- Driving Directions: Take 79th Street to Normandy Ave, North to Property
- Location Details: Central Business District, Public Transport Avail
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Electric
Utilities
- Water: Municipal Water
- Onsite: Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Partially Finished
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 5,880
- Current Bldg. Use: Multi-Family
- Year Built: 1974
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Dimensions: 60 x 134
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $24,020
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1974
- Tax Amount: $18,209
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Documents Avail.: Rent Roll
- Property ID: 19304170240000
Listed by Boutique Home Realty
Sold by Re/Max 10
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Schools
Schools serving 7841 Normandy Ave
School Districts:Burbank School District 111, Reavis Township High School District 220
| Name | Grades | Distance |
|---|---|---|
Harry E Fry School 7805 Mobile Avenue, Burbank, IL 60459 | K-5 | 0.5 mi |
Reavis High School 6034 West 77th Street, Burbank, IL 60459 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7841 Normandy Ave
Date
Details
Price
Change
Source
5/21/2025
Sold
$750,000
—
MLS
4/25/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7841 Normandy Avenue, Burbank, IL 60459 (MLS# 12348702) is a Commercial property that was sold at $750,000 on May 21, 2025. Want to learn more about 7841 Normandy Avenue? Do you have questions about finding other Commercial real estate for sale in Burbank? You can browse all Burbank real estate or contact a Coldwell Banker agent to request more information.

