8307 S Burley Ave

Chicago, IL 60617
  • $299,999

    Price
  • 7

    Bed
  • 2

    Bath

About the Listing 88266 - 890592

Classic Chicago brick two-flat with arched windows and original decorative brickwork, updated inside and ready for its next owner. With 7 total bedrooms across two full-floor units, this building works equally well as a turnkey investment or an owner-occupied home with rental income to help cover the mortgage. Both units have been refreshed with wood-look laminate flooring throughout, fresh neutral paint, and updated baths, and every room gets natural light from oversized windows. The 4-bedroom, 1-bath unit and the 3-bedroom, 1-bath unit each have their own kitchen with a stainless gas range, vented range hood, mosaic tile backsplash, dark stone-look countertops, and tile flooring. One kitchen has soaring ceilings. Both bathrooms feature new vanities and tiled tub surrounds. Out back, each level has its own private deck or porch overlooking a large fenced yard with a mature shade tree, a rare amount of outdoor space for a city two-flat. The 4-bedroom unit is rented at $1,600/month. The owner currently occupies the 3-bedroom top-floor unit, which will be delivered vacant, so a buyer can move right in or rent it out at an estimated $1,500/month. That's projected rent of $3,100/month ($37,200/year) with the updates already done. Schedule your showing today.

Listing Highlights for 8307 S Burley Ave

Status Active
Days on Site 21
Property Type Multi-Family
MLS ® 12767626
Year Built 1901
Lot/Acreage 24X124
County Cook
School District 299

Interior Details

  • Bedrooms: 7
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Basement: Unfinished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 24X124
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Storm Sewer

Financial Details

  • Tax Amount: $1,668
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 21322010030000
  • Tax Year: 2024

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Listing Location

Questions About..

8307 S Burley Ave Chicago, IL 60617

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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