Seller's Agent in 2025
Boris Oberman
Realty Advisors Elite LLC
(847) 331-1682
2 in this area
24 Total Sales
8944 S Burley Ave Chicago, IL 60617
South Chicago Neighborhood
--
Bed
--
Bath
3,408
Sq Ft
1900
Built
Highlights
- Forced Air Heating System
- Baseboard Heating
- 5-minute walk to South Chicago Peoples Park
About This Home
As of May 2025PLEASE NOTE THAT MOST OF THE PHOTOS WERE TAKEN BEFORE THE UNITS WERE OCCUPIED BY TENANTS. Rehabbed in 2023, Fully rented 5 unit (With a potential for 6th ground unit/in law unit! 2 buildings on the same lot. Front building has 2 units (possible 3rd) and the back building has 3 units! Tenants pay for their own gas and Electric! 4- 2 bedroom units and 1-3 bedroom unit! Close to the, Stores, Highways, and Public Transportation! Income can and should be much higher. Only 2 units have been turned over as the other tenants are long term tenants with low monthly rents.
Last Agent to Sell the Property
Realty Advisors Elite LLC License #475164495 Listed on: 03/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,960
Year Built
- Built in 1900
Utilities
- No Cooling
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Separate Meters
Additional Features
- 2-Story Property
- Lot Dimensions are 25x125
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 5 Units
Building Details
- Insurance Expense $3,342
- Maintenance Expense $1,884
- Trash Expense $860
- Water Sewer Expense $3,292
- Operating Expense $11,764
- Gross Income $36,000
- Net Operating Income $23,478
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $130,000 | -31.5% | $38 / Sq Ft | |
| 03/19/2025 03/19/25 | For Sale | $189,900 | +99.9% | $56 / Sq Ft | |
| 05/05/2021 05/05/21 | Sold | $95,000 | -12.8% | -- | View Prior Sale |
| 02/11/2021 02/11/21 | Pending | -- | -- | -- | |
| 10/28/2020 10/28/20 | For Sale | $109,000 | 0.0% | -- | |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- | |
| 08/30/2020 08/30/20 | For Sale | $109,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| 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 | $2,009 | $12,794 | $2,438 | $10,356 |
| 2024 | $2,009 | $12,794 | $2,438 | $10,356 |
| 2023 | $1,960 | $9,500 | $3,250 | $6,250 |
| 2022 | $1,960 | $9,500 | $3,250 | $6,250 |
| 2021 | $1,916 | $9,500 | $3,250 | $6,250 |
| 2020 | $3,002 | $13,442 | $2,112 | $11,330 |
| 2019 | $3,112 | $15,450 | $2,112 | $13,338 |
| 2018 | $3,060 | $15,450 | $2,112 | $13,338 |
| 2017 | $4,368 | $20,247 | $1,950 | $18,297 |
| 2016 | $4,065 | $20,247 | $1,950 | $18,297 |
| 2015 | $3,719 | $20,247 | $1,950 | $18,297 |
| 2014 | $2,845 | $15,293 | $1,625 | $13,668 |
| 2013 | $2,788 | $15,293 | $1,625 | $13,668 |
Source: Public Records
Agents Affiliated with this Home
-
Boris Oberman
-
Joseph Konney
Buyer's Agent in 2025
Joseph Konney
Top Care Realty LLC
(630) 350-0363
8 in this area
172 Total Sales
-
Angel Avalos
Seller's Agent in 2021
Angel Avalos
Bloom/Sanchez Realty, Inc.
(773) 858-6780
3 in this area
36 Total Sales
-
Carlos Sanchez
C
Seller Co-Listing Agent in 2021
Carlos Sanchez
Bloom/Sanchez Realty, Inc.
(773) 704-8598
20 in this area
238 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12316020
APN: 26062200390000
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Based on information submitted to the MLS GRID
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