8241 S Burley Avenue, Chicago, IL 60617 - Photo 1

1/1

$72,500

Sold
Closed
Multi-Family
4 Total Beds

1/1

Property Description

Excellent two-unit frame building with potential and endless possibilities! Each unit features 2 bedrooms and 1 full bath, offering the ideal opportunity for your rehab ideas. Quiet streets, full unfinished basement, and a spacious high-ceiling attic ready for your vision. Rehab to your liking and build your rental portfolio-or live rent-free by occupying one unit and take advantage of its low property taxes. It's conveniently located to public transportation, shopping, community centers, and Lake Shore Drive. Endless opportunities await in this solid investment property. Bring your vision and make it your own!

Full Property Details

Full Property Details for 8241 S Burley Ave

General

Sold For: $72,500
Taxes: $777 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12489619
Added to Site: 100 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 4

Location

Area: CHI - South Chicago
County: Cook
Driving Directions: 83rd East or West to Burley then north to 8241

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Construction: Vinyl Siding
Exterior Const.: Vinyl Siding
Basement Desc.: Unfinished, Full
Foundation: Concrete Perimeter
Roof: Asphalt
Year Built: 1915
Built Before 1978: Yes

Unit Information

Units in Building: 2

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 25 x 124

Financial Considerations

Assessment Year: 1915
Tax Amount: $777.42
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 16141020280000

Listed by RE/MAX Partners
Sold by MBH Realty Group LLC

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— 8241 S Burley Ave —

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Schools

Schools serving 8241 S Burley Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Sullivan Elementary School, Chicago, IL 8331 South Mackinaw Avenue, Chicago, IL 60617	K-8	0.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8241 S Burley Ave

Date

Details

Price

Change

Source

11/13/2025

Sold

$72,500

3.72%

MLS

10/07/2025

Listed

$69,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 5 days ago

5
Beds
3
Total Baths
1,738
Sq. Ft.

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Just Listed

$219,900

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Condo / Townhouse
Active
Updated 3 days ago

2
Beds
1
Total Bath
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Just Listed

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Single Family
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Updated 2 days ago

5
Beds
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Total Baths
1,900
Sq. Ft.

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Just Listed

$27

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Commercial Lease
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Updated 2 days ago

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Price Reduced

-$2,000 (-0.73%)

$272,900

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Single Family
Active
Updated 5 hours ago

4
Beds
2
Total Baths
1,700
Sq. Ft.

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Price Reduced

-$10,000 (-1.74%)

$565,000

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Multi-Family
Active
Updated 5 days ago

5
Total Beds

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Price Reduced

-$6,000 (-1.35%)

$439,900

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Multi-Family
Active
Updated 13 hours ago

5
Total Beds

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Price Reduced

-$10,000 (-3.23%)

$299,900

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Multi-Family
Active
Updated 4 days ago

3
Total Beds

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Sold

$75,000

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Single Family
Closed

3
Beds
1
Total Bath
817
Sq. Ft.

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Sold

$82,000

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Single Family
Closed

4
Beds
2
Total Baths
1,909
Sq. Ft.

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Sold

$80,750

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Multi-Family
Closed

7
Total Beds

[Address not provided], Chicago, IL 60617 - Photo 1

Sold

$77,000

[Address not provided] Chicago, IL 60617

Multi-Family
Closed

4
Total Beds

8241 S Burley Avenue, Chicago, IL 60617 (MLS# 12489619) is a Multi-Family property that was sold at $72,500 on November 13, 2025. Want to learn more about 8241 S Burley Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

8241 S Burley Ave Chicago, IL 60617