$340,000
Active
50 Days Online
9 Beds0 Baths0 SQFT
Active

8448 S Burley Avenue Chicago, IL 60617

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Whether you're looking for the latest addition to your investment portfolio, or searching for a great place to call home and generate income at the same time, allow me to welcome you to 8448 S Burley Avenue. On the first floor, we have two spacious units. One two bedroom, one bathroom, and one one bedroom, one bathroom unit. Long term tenants are consistent, reliable, and friendly. Tremendous opportunity for future renovation and modernization to increase equity, value, and rental rates. Both units are rented through October 2024. The top two floors make up the third unit. Rehabbed in 2022, and customized by the current owners, this space features five bedrooms, two walk in closets, two full bathrooms, laundry area, modern kitchen, and plenty of space for a family room, recreation room, home office, storage, or just about anything else you can imagine. Unfinished basement, one car garage with lots of storage, great outdoor space ready for your ideas, and just minutes away from Lake Michigan! And if that wasn't enough, this incredible opportunity features a new roof (2024), new water heaters (2022), and a new furnace (2023). All that's missing is YOU! Live life here, at 8448 S Burley. Home awaits!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$1,160
  • HOA/Condo/Coop Fees$0
  • Days on Site50 Days
  • MLS StatusActive
  • MLS ID Number12137919
  • Home Size Source N/A
  • Year Built1902
  • Lot Size0.07 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Tri- Level
  • Parking Spaces 2
  • Sewer Public Sewer
  • Basement Partial
  • Acreage 0.07
  • Water PublicLake Michigan
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • Zoning MULTI
  • General Information School Bus ServiceCommuter BusCommuter TrainInterstate Access
  • Garage Detached
  • Rooms Total 18
  • Lot Size Standard Chicago Lot
  • Parking Total 2

Interior Features

  • Heating Forced Air

Exterior Features

  • Roof Asphalt
  • Waterfront Property No

Community Features

  • Township Hyde Park
  • Community Features LakeCurbsSidewalksStreet LightsStreet Paved
  • MLS Area CHI - South Chicago

Schools

School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$1,652
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