Fantastic opportunity to generate steady cash flow with this well-maintained 4-unit property, offering significant rental income potential. Fully rented, each unit comes with a stove, refrigerator, and wall AC unit. The roof was replaced just 4 years ago. Additional amenities include coin-operated laundry and storage units, plus parking available on-site. Situated on a peaceful, tree-lined corner street, this property is a solid investment. The owner is a licensed real estate agent in another state. Conveniently located near major highways, train station, shopping, and more.
Closed
$329,900
14201 S Mackinaw Ave, Burnham, IL 60633
7beds
--sqft
Multi Family
Built in 1971
-- sqft lot
$355,000 Zestimate®
$--/sqft
$1,906 Estimated rent
Home value
$355,000
$316,000 - $398,000
$1,906/mo
Zestimate® history
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$2,343/mo
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List your homeWhat's special
Tree-lined corner street
Zillow last checked:
Listing updated:
Listed by:
Maria Vega 708-785-7848,
RE/MAX Realty Assoc.
Bought with:
Kaveeta J Weir
Charles Rutenberg Realty of IL
Source: MRED as distributed by MLS GRID,MLS#: 12264358
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: None
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Off Street, On Site
Lot
- Size: 5,405 Square Feet
Details
- Parcel number: 30064020760000
- Zoning: MULTI
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Water: Lake Michigan
Community & HOA
Location
- Region: Burnham
Financial & listing details
- Tax assessed value: $230,000
- Annual tax amount: $12,559
- Date on market: 1/4/2025
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2025 | Sold | $329,900 |
Source:  MRED as distributed by MLS GRID #12264358 Report a problem | ||
| 1/15/2025 | Contingent | $329,900 |
Source:  NIRA as distributed by MLS GRID #814526 Report a problem | ||
| 1/4/2025 | Listed for sale | $329,900+112.8% |
Source: MRED as distributed by MLS GRID #12264358 Report a problem | ||
| 5/10/1994 | Sold | $155,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $23,000 +0% |
| 2023 | $12,560 -7.7% | $22,999 +22.3% |
| 2022 | $13,604 +2.5% | $18,809 |
| 2021 | $13,277 +9.4% | $18,809 |
| 2020 | $12,135 +6.1% | $18,809 +12.3% |
| 2019 | $11,434 +4% | $16,746 |
| 2018 | $10,997 +11.1% | $16,746 |
| 2017 | $9,900 +0.5% | $16,746 +0.7% |
| 2016 | $9,854 +9.3% | $16,632 |
| 2015 | $9,012 +3.7% | $16,632 |
| 2014 | $8,691 -5.2% | $16,632 -13.6% |
| 2013 | $9,169 +2.2% | $19,248 |
| 2012 | $8,969 +9.1% | $19,248 |
| 2011 | $8,220 -1.8% | $19,248 -14% |
| 2010 | $8,373 +2.4% | $22,389 |
| 2009 | $8,177 +13.1% | $22,389 -5% |
| 2008 | $7,229 -1.8% | $23,568 -0.5% |
| 2007 | $7,365 +2.3% | $23,691 |
| 2006 | $7,197 +5.4% | $23,691 |
| 2005 | $6,827 +32.9% | $23,691 +40.6% |
| 2004 | $5,137 +4.2% | $16,849 |
| 2003 | $4,927 +4.9% | $16,849 |
| 2002 | $4,696 +0.3% | $16,849 +2.7% |
| 2001 | $4,681 +2.8% | $16,407 |
| 2000 | $4,552 -1.6% | $16,407 |
| 1999 | $4,628 | $16,407 |
Find assessor info on the county website
Neighborhood: 60633
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Nearby schools
GreatSchools rating
- 6/10Burnham Elementary SchoolGrades: K-8Distance: 0.3 mi
- 3/10Thornton Fractional North High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Burnham Elementary School
- District: 154.5
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$355,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$355,000
- Illinois
- Cook County
- Burnham
- 60633
- 14201 S Mackinaw Ave
Nearby cities
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