9020 S Burley Avenue, Chicago, IL 60617
Local realty services provided by:Better Homes and Gardens Real Estate Connections
9020 S Burley Avenue,Chicago, IL 60617
$388,000
- 9 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, May 1611:00 am - 01:00 pm
- Sun, May 1711:00 am - 01:00 pm
Listed by: marco ponce
Office: coldwell banker realty
MLS#:12623193
Source:MLSNI
Price summary
- Price:$388,000
About this home
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....
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Home facts
- Year built:1888
- Listing ID #:12623193
- Updated:May 15, 2026 at 10:47 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:9
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1888
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$388,000
- Tax amount:$3,484 (2024)
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