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Listing provided courtesy of Bloom/Sanchez Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12614504MLS Provider

8420 S Burley AvenueChicago, IL 60617

Multi-Family · 8 Beds
$175,000 Re-activated

8420 S Burley Avenue Overview

Time on Site:
81 days
Visits:
2

CALLING ALL INVESTORS! Great cash flow opportunity in a prime location, future sight of redevelopment into the Quantum Shore Chicago Project, minutes away from the lake front, and Quantum Park.This property is legally zoned as 2 flat building features spacious units, each offering two bedrooms, one bathroom, a living room,and parking in the rear. Property has a gigantic attic space for your ceative ideals. Seperate units make this an excellent income-producing assest with strong rental demand. Ideal for investores seeking steady returns.Dont miss this rare opportunity. REACTIVATED AT NO FAULT OF THE SELLER, FINANCING COULD NOT BE SECURED BY BUYERS.

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8420 S Burley Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1899

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Chicago
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $3,294.84
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 21322040310000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 4

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 14

Exterior

Parking Information

  • Parking Features: Assigned, Off Alley, Yes, Owned
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 30 X 125
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Asphalt

General Information

  • Sewer: Storm Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

8420 S Burley Avenue Neighborhood

Community

60617 (Chicago) Demographics

37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8420 S Burley Avenue Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8420 S Burley Avenue Market Data

Based on the last 30 days in this zip code

$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

8420 S Burley Avenue History

Date Event Value Agent
6/26/2026Source: MRED Status Change
Re-activated
6/17/2026Source: MRED Status Change
Contingent
4/14/2026Source: MRED Status Change
Active
4/9/2026Source: MRED Added to Database
April 09, 2026
3/15/2024Source: MRED Status Change
Closed