8944 S Burley Avenue
Chicago, IL, 60617
$209,000
Beds
0 Baths
0 SqFt
0 Acres
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$209,000
8944 S Burley Avenue
Chicago, IL, 60617
MLS #MRD12211749 img 0
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.

Property Details

Price:
$209,000
MLS #:
MRD12211749
Status:
Active
Beds:
0
Baths:
0
Address:
8944 S Burley Avenue
Type:
Commercial
Neighborhood:
CHI – South Chicago
City:
Chicago
Listed Date:
Nov 15, 2024
State:
IL
ZIP:
60617
Year Built:
1900

Schools

Interior

Exterior

Financial

Net Operating Income
$23,478
Tax Year
2023
Taxes
$12,522
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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8944 S Burley Avenue
Chicago, IL