8944 South Burley Avenue
$209,000
11
5
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Description
Great Investment Opportunity - Two Buildings on One Lot in South Side Chicago This is a fantastic investment opportunity with two fully occupied buildings on the same lot, offering a total of five rental units with the potential to add a sixth unit or in-law suite in the basement. Located on a quiet street in the south side of Chicago, this property is an excellent choice for investors looking for steady income in a convenient location close to highways, public transportation, shopping, and schools....Great Investment Opportunity - Two Buildings on One Lot in South Side Chicago This is a fantastic investment opportunity with two fully occupied buildings on the same lot, offering a total of five rental units with the potential to add a sixth unit or in-law suite in the basement. Located on a quiet street in the south side of Chicago, this property is an excellent choice for investors looking for steady income in a convenient location close to highways, public transportation, shopping, and schools. The front building features two units, each with two bedrooms and one bathroom. The basement of this building also holds potential for conversion into a third unit, further increasing rental possibilities. The back building consists of three separate units: one with three bedrooms and one bathroom, and two additional units, each with two bedrooms and one bathroom. With the demand for rental properties in this area, this property offers a steady stream of income. With its affordable price, high occupancy rate, and potential for future growth by converting the basement into another rental unit, this property presents an excellent investment opportunity. Its proximity to key amenities such as public transportation, highways, shopping centers, and schools makes it an even more attractive choice for tenants. Don't miss out on this opportunity to expand your real estate portfolio with a solid, income-producing property. Contact today for more details or to schedule a tour.
- Listed by Tatyana Kukso • Realty Advisors Elite LLC
Property Details for 8944 South Burley Avenue
Area
CHI - South Chicago
LISTING UPDATED: 12/07/2024 08:29 PM
Property Details for 8944 South Burley Avenue
Status | Active |
---|---|
MLS # | 12211749 |
Days on Market | 39 |
Taxes | $12,522 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Corridor-Interior Entrance |
Year Built | 1900 |
Lot Size | 0.07 AC / 3,125 SF |
County | Cook County |
Building Information for 8944 South Burley Avenue
Stories2Residences5Year Built1900Building Size-Lot Size0.07 AC / 3,125 SF
Property Information for 8944 South Burley Avenue
Property History for 8944 South Burley Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8944 South Burley Avenue
Taxable ValueLand$3,250Additions$6,250Total$9,500
Tax Record2022$1,960 ($163 / month)
Home Facts
Baths3Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtStories2Lot Size3,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1901CountyCOOKAPN26-06-220-039
Schools near 8944 South Burley Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Charter - | 9 to 12 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Thorp J N Elementary School PublicPK to 8 | ||
Baker College Prep Charter9 to 12 | ||
LEARN South Chicago CharterK to 8 | ||
Bowen High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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