Address
8307 S Burley Avenue, Chicago, IL
Price
$ 299,999
Property Attributes
  • MLS#12767626
  • TypeMulti-Family
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - South Chicago
  • NeighborhoodSouth Chicago
  • Zip60617
  • Style
  • Year Built1901
  • Taxes$ 1668
  • Price$ 299,999
  • Bedrooms7
  • Full Bathrooms2
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
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.

Price History
9/23/2026 Listed $299,999

General Features

Sewer Storm Sewer
Heating Natural Gas,Forced Air
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1901
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction No
Property Type Residential Income
Total Rooms 12
Status Active
Directions Take lakeshore to 83rd east to Burley to address. By 83rd and BURLEY.
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 1668.16
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Unfinished,Full
Total Bedrooms 7
Total Baths 2
Bedrooms Possible 7
Full Baths Building 2
Total Number of Units 2

Exterior Features

Water Source Lake Michigan
Lot Dimensions 24X124
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60617

Price
AVG $370K
$300K
Taxes
AVG $4,437
$1,668
Year Built
AVG 1907
1901
Visits
AVG 211
11
Data Provided by Inside Real Estate®

Areas We Cover