There are 2 buildings on one lot. The front building has 2 units and an unfinished basement. The rear building is one unit. The property is being sold "AS-IS". Purchaser to verify zoning and to be responsible for any building violations. Do your diligence.
These Burnham Bi Level 2 Flats rarely come up, and here's your opportunity! Each Unit is 2 bedroom and 1 bathroom. This one has an oversized 2.5 Car Garage and it's walking distance to Burnham Park. Conveniently located off Torrence, so everything you'll need is close by. It's being sold As-Is and has equity built into the pricing, check out the comps. Whether you are looking to rehab and then sell it, rent it, or live in it, this is a solid brick building that you will be happy you found. Make your appointment today to explore your options! Seller does not entertain Sight Unseen Offers. Multiple Offers Received. Deadline to submit Highest and Best Offers is 10/18/24 at 11:59 PM.
cash-flowing 3-unit property with modern updates and great rental income potential! This well-maintained building features a legal garden unit, new windows, updated electrical, central air (installed in 2021), a renovated bathroom in the owner's unit, coin laundry, and storage units. The 2.5-car garage, equipped with a new opener, is currently rented by the garden unit tenant. Two tenants are on month-to-month leases and are willing to stay, while the front owner's unit will be vacated by December 31, 2024-perfect for owner-occupants. FHA and VA loan ready, making it an ideal investment or house-hacking opportunity. Showings require 48-hour notice for all units or 24-hour notice for at least one. Don't miss out on this solid investment! Owner is liscensed real estate agent.
The median home value in Burnham, IL is $173,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Burnham, IL is $173,000. Approximately 56.98% of Burnham homes are owned, compared to 34.58% rented, while 8.44% are vacant. Burnham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Burnham real estate agent to arrange a tour today!
Burnham, Illinois has a population of 4,085. Burnham is less family-centric than the surrounding county with 25.63% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Burnham, Illinois is $50,556. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Burnham is 36.6 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.7 degrees. The average rainfall is approximately 37.8 inches per year, with 31.6 inches of snow per year.