7901 Newland Avenue, Burbank, IL 60459
Local realty services provided by:ERA Naper Realty
7901 Newland Avenue,Burbank, IL 60459
$575,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael sacha, david geekie
Office: village realty, inc.
MLS#:12565950
Source:MLSNI
Price summary
- Price:$575,000
About this home
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....
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Home facts
- Year built:1961
- Listing ID #:12565950
- Updated:May 04, 2026 at 10:43 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:3
- Basement:Yes
Heating and cooling
- Heating:Radiant
Structure and exterior
- Year built:1961
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$575,000
- Tax amount:$11,459 (2024)
Parking
- Total parking spaces:6
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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