9020 S Burley Avenue Chicago, IL $ 388,000
9020 S Burley Avenue
$ 388,000
Recently Listed
Open House 5/16 11am - 1pm
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9020 S Burley Avenue

Chicago, IL, 60617
$ 388,000
Bedrooms9 Baths3.0

Monthly Estimate*

$ 2,389

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Multi-Family Home for sale in Chicago, IL

for $388,000 with 9 bedrooms and 3 full baths. This home was built in 1888.

Welcome to South Chicago at 9020 S. Burley Ave, a well-maintained legal 3-unit building located near Lake Michigan. This fully occupied income-producing property offers an excellent opportunity for investors seeking stable rental income with future upside potential. All three units are currently rented on month-to-month leases, providing immediate cash flow and future flexibility. Each spacious unit features 3 bedrooms and 1 bathroom with functional layouts designed for comfortable living and long term tenants. The current ownership has completed several valuable updates, including recent improvements to the second and third-floor units. Additional upgrades include new plumbing throughout the building, newer roof, New HVAC systems and furnaces, and new water heaters, helping reduce future maintenance concerns. Conveniently located near parks, shopping, public transportation, schools, and commuter access, this property is positioned within an area seeing continued redevelopment and investment along Chicago's southeast corridor. A solid multifamily opportunity with strong rental potential and major mechanical updates already completed.

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Open House

5/16/2026 11:00 AM - 1:00 PM
5/17/2026 11:00 AM - 1:00 PM
9020 S Burley Avenue Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 388,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,484

Style

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12623193

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Aluminum Siding
Year Built 1888
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 4300
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 9
Status Active
Directions 91st Street West of Mackinaw Ave to Burley Ave. North to property.
City Chicago
High School District 299
MLS Area CHI - South Chicago
Tax Annual Amount 3484.07
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 9
Total Baths 3
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 25X125
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

mponcerealtor@outlook.com

Email

Affordability Calculator

$2,679
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,389
Monthly Property Taxes
$290
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$388,000 Listed Price

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9020 S Burley Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $388,000. 9020 S Burley Avenue has 9 bedrooms, 3.0 baths, and was built in 1888. The property's zip code is 60617 which is in Chicago, IL