UNDER CONTRACT – MULTI-FAMILY
5907 W 79th Street Burbank, IL 60459
PRICE
Call for details
NUMBER OF UNITS
6
PROPERTY LISTED

Essex Realty Group, Inc. is proud to announce the sale of 5907 W 79th Street, a 6-unit apartment property located in the Cook County suburbs of Burbank. The building consists of (1) 1Bd/1Ba and (5) 2Bd/1Ba units.

Investors have the opportunity to acquire an apartment property in a rarely available suburban city with stable cash flow starting day one. Current rents are averaging between $50-100 per month below market, providing investors the ability to increase rents with minor cosmetic updates to a few of the units that have not been rehabbed.

LOCATION DETAILS

Located approximately 15 miles southwest of Chicago, Burbank encompasses just over 4 square miles and is bordered by Oak Lawn to the south, Bridgeview to the west, and Bedford Park to the north; the city of Hometown is adjacent to Burbank's southwest corner.

The subject property is approximately 5 miles from Midway International Airport. Additionally, Newcastle Park and Ridgeland Park are .5 miles away putting the subject property nicely situated between Harlem Avenue and Cicero Avenue.

HIGHLIGHTS
  • Opportunity to raise rents between $50-100 per month
  • Located in a rarely available suburban neighborhood
  • Additional income opportunity with garage parking
  • Close proximity to schools, parks, and retail shops
LISTING BROKERS
Derek Kaptanoglu
Director
773.305.4862
Brian Kochendorfer
Managing Director
773.305.4870