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$ 340,000

Est. payment -/mo

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8448 S Burley AVE Chicago, IL 60617

9 Beds

3,049 Sqft Lot

UPDATED:

09/09/2024 05:07 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12137919

Style Tri-Level

Bedrooms 9

Year Built 1902

Annual Tax Amount $1,160

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 25X124

Property Description

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!

Location

State IL

County Cook

Area Chi - South Chicago

Zoning MULTI

Rooms

Basement Partial

Interior

Heating Forced Air

Equipment Multiple Water Heaters

Fireplace N

Exterior

Garage Detached

Garage Spaces 2.0

Community Features Lake, Curbs, Sidewalks, Street Lights, Street Paved

Waterfront false

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan, Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Emiko Pope • Keller Williams Preferred Realty

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