BEDS4
BATHS4 full
MLS#12565950
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 111
Property Description
Investment Apartment Building Opportunity. Per Seller Serious written contingent offers subject to interior inspection. Property will be shown by appointment only upon acceptance of a contingent offer. Do not disturb tenants. Rarely available single-level quadplex in the heart of Burbank offers a fully leased, high income producing asset with immediate cash flow and long-term upside potential. This well-maintained property consists of four spacious 1-bedroom, 1-bathroom units each featuring hardwood floors, functional kitchens and comfortable living areas The efficient single-story layout supports ease of management and low maintenance ownership, making it ideal for both new and seasoned investors. The asset is anchored by a stable, long-term tenants providing consistent rental income and reduced turnover. A curved driveway and ample off-street parking further enhance tenant satisfaction and retention-key drivers of sustained performance. Located in one of Burbank's most sought-after rental corridors, the property benefits from proximity to major studios, employment centers, and retail amenitues-supporting the strong occupancy levels and future rent growth. Showing instructions. Drive-by only. Exterior inspection premitted. Interior inspection subject to accepted offers. Submit offers contingent upon interior inspection. Additional Notes- Interior and exterior photos available on listing. Buyers to complete preliminary due diligence prior to offer submission. Have contingent offer submitted to listing agent along with pre-approval of mortgage or funds available to purchase. ONLY CONTINGENT ACCEPTED OFFERS WILL ALLOW INTERIOR OF UNITS TO BE SHOWN.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Garage: 2
Heating: Radiant
Lot Size: 67 X 155
Taxes: $11,459
Year Built: 1961
Feature Descriptions
Exterior: Brick
Lot Dimensions: 67 X 155
Parcel#: 19311150010000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 3
Township: Stickney
Water: Lake Michigan
Local Schools
School District: District 111
Listed By / Shown By
Listed By
Agency Name: Village Realty, Inc.
Agency Phone: 708-478-1212
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 2,402.33 per month $1,279.70 Principal & Interest $954.92 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
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7901 Newland Avenue | MLS# 12565950
This multi-family property located at 7901 Newland Avenue, Burbank, IL 60459 is currently listed for sale with an asking price of $575,000. Newland Avenue is located within the District 111 school district. Search Burbank real estate on www.bhhscrosby.com today.