6048 W 79th St - Apartments FOR SALE


Burbank, IL 60459
$599,000 USD
219-200-5133
6048 W 79th St, Burbank, IL for Sale
$599,000 USD
Apartments - FOR SALE
1/33
null | 6.03% Cap Rate

6048 W 79th St
Burbank, IL 60459


HIGHLIGHTS

  • Features newly updated 3-bedroom units with spacious layouts.
  • Recent capex include full tear-off roof replacements for the building and garage (5 years ago) and water heaters installed 2 years ago.
  • One boiler replaced in 2023.
  • Coin-operated laundry provides an additional revenue stream.

OVERVIEW

This well-located 3-unit building in Burbank offers three spacious units—two with 3 bedrooms and one with 2 bedrooms—making it highly attractive in a consistently strong rental market. With on-site parking, solid rental upside, and value-add potential, it’s an excellent investment opportunity. Situated near Reavis High School, the location provides lasting appeal.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$233 USD /SF

# OF UNITS

3

PRICE/UNIT

$199,667

CAP RATE

6.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

-

APN/PARCEL ID

19-29-314-040-0000

ASK ABOUT THIS PROPERTY

Gina BevansEllsbury Commercial GroupMore Info
219-200-5133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Gina BevansEllsbury Commercial GroupMore Info
219-200-5133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.