Michael Daniels
Coldwell Banker Realty
(888) 295-8055
37 Total Sales
1 in South Chicago
$300,000 Price
8944 S Burley Ave Chicago, IL 60617
South Chicago Neighborhood
--
Beds
5
Baths
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
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
May 23, 2025
Sold by
Ok Partners Llc
Bought by
Seller's Agent
Boris Oberman
Realty Advisors Elite LLC
Buyer's Agent
Joseph Konney
Top Care Realty LLC
List Price
$189,900
Sold Price
$130,000
Premium/Discount to List
-$59,900
-31.54%
Views
53
Purchase Details
Listed on
Aug 30, 2020
Closed on
Apr 12, 2021
Sold by
Mota Maria A
Bought by
Ok Partners Llc
Seller's Agent
Angel Avalos
Bloom/Sanchez Realty, Inc.
Buyer's Agent
Boris Oberman
Realty Advisors Elite LLC
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$71,250
Interest Rate
2.9%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Chicago, IL
-
Michael Daniels
-
Daniel Ellington
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Lisa Foster
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Laura Catrambone-Gerace
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-
Kinga Korpacz
Kinga Korpacz
Exit Realty Redefined
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-
Tameka Lewis-Madkins
Tameka Lewis-Madkins
Keller Williams Preferred Rlty
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109 Total Sales
2 in South Chicago
$107K - $242K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $130,000 | Old Republic Title | ||
| Ok Partners Llc | $95,000 | Barrister Title |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $71,250 |
Source: Public Records
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 |
|---|---|---|---|---|---|
| 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
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 | $2,577 | $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
Seller's Agent in 2025
Boris Oberman
Realty Advisors Elite LLC
(847) 331-1682
1 in this area
20 Total Sales
-
Joseph Konney
Buyer's Agent in 2025
Joseph Konney
Top Care Realty LLC
(630) 350-0363
9 in this area
170 Total Sales
-
Angel Avalos
Seller's Agent in 2021
Angel Avalos
Bloom/Sanchez Realty, Inc.
(773) 858-6780
2 in this area
35 Total Sales
-
Carlos Sanchez
CS
Seller Co-Listing Agent in 2021
Carlos Sanchez
Bloom/Sanchez Realty, Inc.
(773) 704-8598
15 in this area
229 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12316020
APN: 26062200390000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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