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$ 299,999
Est. payment /mo
New
8307 S BURLEY AVE Chicago, IL 60617
7 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12767626
Bedrooms 7
Year Built 1901
Annual Tax Amount $1,668
Tax Year 2024
Lot Dimensions 24X124
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Area Chi - South Chicago
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Storm Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition Standard
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Dalila Arellano of A List Homes Realty