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$400,000
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Property Description
Large all brick 11-unit in fairly decent condition. The mix is as follows: 7x - studios, of which 5 are average size and 2 are large, 3x-1 bedroom units, and 1x-2 bedroom unit. Owners have self managed over several years and are ready to pass on to the next generation of investors. Building has a new roof; rents could easily be higher. Sold AS-IS
Full Property Details
Full Property Details for 8056 S Burnham Ave
General
- Sold For: $400,000
- Taxes: $8,022 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12368849
- Added to Site: 242 day(s) ago
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 81st St. East or West to Burnham, property is on northwest corner of 8100 S Burnham
Heating & Cooling
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1924
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 11
- Units w/Range/Oven: 11
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 6,000
- Lot Dimensions: 6, 000 SQ FT
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $32,994
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1924
- Tax Amount: $8,022.71
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 21311150360000
Listed by Rayburn Realty Group INC
Sold by EXIT Strategy Realty
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Schools
Schools serving 8056 S Burnham Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bradwell Community Arts & Sci Elementary School 7736 South Burnham Avenue, Chicago, IL 60649 | K-8 | 0.5 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.1 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 8056 S Burnham Ave
Date
Details
Price
Change
Source
8/15/2025
Sold
$400,000
-14.88%
MLS
6/09/2025
Price Reduced
$469,900
-4.47%
MLS
5/18/2025
Listed
$491,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8056 S Burnham Avenue, Chicago, IL 60617 (MLS# 12368849) is a Commercial property that was sold at $400,000 on August 15, 2025. Want to learn more about 8056 S Burnham Avenue? Do you have questions about finding other Commercial real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

