8944 South Burley Avenue

Chicago, IL 60617

$225,000
Price
11
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment! Fully rented 5 units (with potential for 6th ground unit/in law unit)! Recently rehabbed 2 buildings on the same lot! Front building has 2 units (possible 3rd)! Back building has 3 units! 4-2 bedrooms units and 1-3 bedroom unit! Tenants pay for gas and electric! Tenants in 3 units are the long term tenants! 2 units just rented! Income could be higher! Building is conveniently located close to the stores, highways and public transportation!Great investment! Fully rented 5 units (with potential for 6th ground unit/in law unit)! Recently rehabbed 2 buildings on the same lot! Front building has 2 units (possible 3rd)! Back building has 3 units! 4-2 bedrooms units and 1-3 bedroom unit! Tenants pay for gas and electric! Tenants in 3 units are the long term tenants! 2 units just rented! Income could be higher! Building is conveniently located close to the stores, highways and public transportation!
  1. Listed by Tatyana Kukso • Realty Advisors Elite LLC

Property Details for 8944 South Burley Avenue

Area
CHI - South Chicago

Location

Listing Courtesy of Realty Advisors Elite LLC
Add your commute
LISTING UPDATED: 03/18/2024 12:06 AM

Property Details for 8944 South Burley Avenue

StatusActive
MLS #12002538
Days on Market85
Taxes$3,002 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1901
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Realty Advisors Elite LLC
Add your commute

Building Information for 8944 South Burley Avenue

Stories-Residences5Year Built1901Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$1,478 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,228

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8944 South Burley Avenue

General Information
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Heat/Ventilation: Forced Air,Gas,Wall Unit,Baseboard,Separate Per Unit
  • Num of Baths: 5.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 25X125
  • Stories: 2
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $36,000.00
  • Gross Scheduled Income: $36,000.00
  • Insurance Expense: $3,128.00
  • Maintenance Expense: $2,792.00
  • Janitor Expense: 0
  • Total Monthly Income: 3000
  • Net Operating Income: $23,478.00
  • Operating Expense: $12,522.00
  • Other Expense: $.00
  • Trash Expense: $760.00
  • Water Sewer Expense: $2,840.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 8944 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 8944 South Burley Avenue

Taxable ValueLand$3,250Additions$6,250Total$9,500
Tax Record2022$1,960 ($163 / month)
Home Facts
Baths3Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtStories2Lot Size3,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1901CountyCOOKAPN26-06-220-039

Schools near 8944 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 - 9 to 12
Rating
School
Distance
Thorp J N Elementary School
PublicPK to 8

Baker College Prep
Charter9 to 12

LEARN South Chicago
CharterK to 8

Bowen High School
Public9 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.

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8944 South Burley Avenue is a multi-family home for sale in Chicago, IL 60617. This property was listed for sale on March 12, 2024 by Realty Advisors Elite LLC, it's currently listed at $225,000. It has been on the market for a total of 85 days and was last sold on May 5, 2021. This listing's school district is City Of Chicago School District 299. Nearby schools include Thorp J N Elementary School, Baker College Prep and LEARN South Chicago. 8944 South Burley Avenue is a 11-bed, 5-bath, multi-family home built in 1901.

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 Realty Advisors Elite LLC

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 03/18/2024 12:06 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.