8420 S Burley Ave Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $1,228/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,295
Year Built
- Built in 1899
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Off Alley Parking
- Parking Included in Price
- Assigned Parking
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Crawl Space
- Lot Dimensions are 30 x 125
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,266 | $16,400 | $2,325 | $14,075 |
| 2024 | $1,266 | $16,400 | $2,325 | $14,075 |
| 2023 | $1,234 | $6,000 | $3,100 | $2,900 |
| 2022 | $1,234 | $6,000 | $3,100 | $2,900 |
| 2021 | $1,207 | $6,000 | $3,100 | $2,900 |
| 2020 | $2,725 | $12,233 | $2,015 | $10,218 |
| 2019 | $2,825 | $14,061 | $2,015 | $12,046 |
| 2018 | $2,778 | $14,061 | $2,015 | $12,046 |
| 2017 | $3,394 | $15,767 | $1,860 | $13,907 |
| 2016 | $3,158 | $15,767 | $1,860 | $13,907 |
| 2015 | $2,889 | $15,767 | $1,860 | $13,907 |
| 2014 | $2,678 | $14,434 | $1,550 | $12,884 |
| 2013 | $2,625 | $14,434 | $1,550 | $12,884 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/26/2026 06/26/26 | For Sale | $175,000 | 0.0% | -- | |
| 06/17/2026 06/17/26 | Pending | -- | -- | -- | |
| 04/09/2026 04/09/26 | For Sale | $175,000 | +191.7% | -- | |
| 03/15/2024 03/15/24 | Sold | $60,000 | -24.0% | -- | View Prior Sale |
| 02/07/2024 02/07/24 | Pending | -- | -- | -- | |
| 01/12/2024 01/12/24 | For Sale | $78,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $67,000 | Saturn Title | |
| Warranty Deed | $20,000 | Fidelity National Title | |
| Personal Reps Deed | $20,000 | Professional National Title | |
| Warranty Deed | $3,333 | -- | |
| Quit Claim Deed | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12614504
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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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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