BEDS9
BATHS3 full
MLS#12623193
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
Welcome to South Chicago at 9020 S. Burley Ave, a well-maintained legal 3-unit building located near Lake Michigan. This fully occupied income-producing property offers an excellent opportunity for investors seeking stable rental income with future upside potential. All three units are currently rented on month-to-month leases, providing immediate cash flow and future flexibility. Each spacious unit features 3 bedrooms and 1 bathroom with functional layouts designed for comfortable living and long term tenants. The current ownership has completed several valuable updates, including recent improvements to the second and third-floor units. Additional upgrades include new plumbing throughout the building, newer roof, New HVAC systems and furnaces, and new water heaters, helping reduce future maintenance concerns. Conveniently located near parks, shopping, public transportation, schools, and commuter access, this property is positioned within an area seeing continued redevelopment and investment along Chicago's southeast corridor. A solid multifamily opportunity with strong rental potential and major mechanical updates already completed.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Heating: Natural Gas
Lot Size: 0.07 Acres
Taxes: $3,484
Year Built: 1888
Feature Descriptions
Exterior: Aluminum Siding
Lot Dimensions: 25X125
Parcel#: 26062270240000
Sewer: Public Sewer
Total Rooms: 9
Township: Hyde Park
Water: Public
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 312-266-7000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 1,267.02 per month $863.52 Principal & Interest $290.33 Property Tax $113.17 Homeowner's InsuranceChange Payment Information
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9020 S Burley Avenue | MLS# 12623193
This multi-family property located at 9020 S Burley Avenue, Chicago, IL 60617 is currently listed for sale with an asking price of $388,000. S Burley Avenue is located within the District 299 school district. Search Chicago real estate on www.bhhscrosby.com today.