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.
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 24-hour notice for all units. Don't miss out on this solid investment! Owner is licensed real estate agent.
Burnham is located in Illinois. 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.