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About the Listing 10115 - 1007145,1009479
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.
Listing Highlights
Status
Pending
Days on Site
23
Property Type
Multi-Family
MLS ®
12623193
Year Built
1888
Total Square Footage
0
Lot/Acreage
25X125
Interior Details
- Bedrooms: 9
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 25X125
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $3,484
- Taxes w/Assessments: N/A
- Tax/Property ID: 26062270240000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
9020 S Burley Ave Chicago, IL 60617
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