8245 S Burley Avenue Chicago, IL ^$ 319,900

8245 S Burley Avenue

^$ 319,900

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8245 S Burley Avenue

Chicago, IL, 60617

^$ 319,900

Bedrooms8 Baths4.0

Monthly Estimate*

^$ 2,020

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Multi-Family Home for sale in Chicago, IL

for $319,900 with 8 bedrooms and 4 full baths. This home was built in 1900.

Excellent condition 3-unit building offering spacious apartments and strong income potential. Completely renovated in 2023, this well-maintained property features individual heating systems and is Section 8 compliant, making it an attractive option for investors seeking stable rental opportunities. The building includes two 2-bedroom, 1-bath units, with two units available for immediate occupancy, providing flexibility for owner-occupants or investors looking to establish market rents. Additional highlights include off-street parking in the rear and a highly functional layout designed for long-term tenant appeal. Incredibly priced and ready for its next owner. Easy opportunity to add to your portfolio. Won't last!

Multi-Family Active

Price

^$ 319,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,160

Style

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12704547

Features

General

Sewer Storm Sewer

Heating Sep Heating Systems - 2+

Possession Closing

Roof Asphalt

Construction Materials Aluminum Siding

Year Built 1900

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 18

Status New

Directions 83rd East of Exchange to Burley

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 1160

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Partial

Total Bedrooms 8

Total Baths 4

Bedrooms Possible 8

Full Baths Building 4

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Off Site

Water Source Lake Michigan

Total Parking 2

Foundation Details Concrete Perimeter

Lot Dimensions 30x125

Waterfront Y/N N

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

transactionsmanager@mattzmegagroup.com

Affordability Calculator

$2,117

Per Month

Monthly Principal & Interest: $2,020
Monthly Property Taxes: $97
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$629,797

Percent of Sale Price 97%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/16/2026	$319,900		Listed Price

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8245 S Burley Avenue, Chicago, IL, 60617 is a Multi-Family Home for sale at $319,900. 8245 S Burley Avenue has 8 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 7/17/2026.

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8245 S Burley Avenue

Multi-Family Home for sale in Chicago, IL

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