8409 South Burley Avenue

Chicago, IL 60617

$199,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they pay their own utilities. Sold AS-IS. Cash offers require proof of funds, Conventional financing requires a pre-approval....Attention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they pay their own utilities. Sold AS-IS. Cash offers require proof of funds, Conventional financing requires a pre-approval. This property holds significant income potential. Great Location Near Metra, Shops, Dining, and the Beach!
  1. Listed by Harry Ventimiglia • Keller Williams Preferred Rlty
  2. Listed by Jacqui Tracy • Keller Williams Preferred Rlty

Property Details for 8409 South Burley Avenue

Area
CHI - South Chicago

Location

Listing Courtesy of Keller Williams Preferred Rlty
Add your commute
LISTING UPDATED: 04/10/2024 12:07 AM

Property Details for 8409 South Burley Avenue

StatusActive
MLS #12020924
Days on Market35
Taxes$1,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1947
Lot Size0.07 AC / 2,976 SF
CountyCook County

Location

Listing Courtesy of Keller Williams Preferred Rlty
Add your commute

Building Information for 8409 South Burley Avenue

Stories-Residences2Year Built1947Lot Size0.07 AC / 2,976 SF

Payment Calculator

$1,190 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,086

Property Taxes

$104

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8409 South Burley Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 2.0
Location and General Information
  • Geographic Locale: Chicago South
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Service - 0 to 100 Amps
  • Heat/Ventilation: None
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Owners Association: No
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 24.3 X 124
  • Lot Size Square Feet: 2976.0
  • Stories: 2
  • Fire Protection: None
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 21
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $50.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $2,900.00
  • Electric Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 0
  • Water Expense Source: Owner Projection
  • Other Expense: $.00
  • Trash Expense: $25.00
  • Water Sewer Expense: $60.00

Property History for 8409 South Burley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8409 South Burley Avenue

Taxable ValueLand$2,976Additions$6,524Total$9,500
Tax Record2022$1,250 ($104 / month)
Home Facts
Baths2Total Finished SqFt2,496 SqFtAbove Grade Finished SqFt2,496 SqFtStories2Lot Size2,976 SqFtStyleMulti-Family Res (5+ Units)Year Built1952CountyCOOKAPN21-32-205-004

Schools near 8409 South Burley Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - 9 to 12
Charter - K to 8
Public - 4 to 12
Rating
School
Distance
Sullivan Elementary School
PublicPK to 8

Epic Academy High School
Charter9 to 12

LEARN South Chicago
CharterK to 8

CAMELOT SAFE ACADEMY SCHOOL
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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8409 South Burley Avenue is a mixed use property for sale in Chicago, IL 60617. This property was listed for sale on April 4, 2024 by Keller Williams Preferred Rlty, it's currently listed at $199,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Sullivan Elementary School, Epic Academy High School and LEARN South Chicago. 8409 South Burley Avenue is a 0-bed, 0-bath, mixed use property built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Preferred Rlty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 04/10/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.