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$319,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 1 day ago
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Excellent condition 3-unit building offering spacious apartments and strong income potential. Completely renovated in 2023, this well-maintained property features individual heating systems and is Section 8 compliant, making it an attractive option for investors seeking stable rental opportunities. The building includes two 2-bedroom, 1-bath units, with two units available for immediate occupancy, providing flexibility for owner-occupants or investors looking to establish market rents. Additional highlights include off-street parking in the rear and a highly functional layout designed for long-term tenant appeal. Incredibly priced and ready for its next owner. Easy opportunity to add to your portfolio. Won't last!

Full Property Details for 8245 S Burley Ave

General

  • Price: $319,900
  • Taxes: $1,160 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12704547

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 8

Parking

  • Total Spaces: 2
  • Parking Features: Off Site

Location

  • Area: CHI - South Chicago
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: 83rd East of Exchange to Burley

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Sep Heating Systems - 2+

Utilities

  • Sewer: Storm Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Partial
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 1900
  • Built Before 1978: Yes
  • Remodeled/Updated: 2023

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Standard Chicago Lot
  • Lot Dimensions: 30 x 125

Financial Considerations

  • Assessment Year: 1900
  • Tax Amount: $1,160
  • Tax Year: 2023
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 21321020060000

Listed by Keller Williams Preferred Rlty

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— 8245 S Burley Ave —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 8245 S Burley Ave

School District:Chicago Public School District 299
NameGradesDistance
Sullivan Elementary School, Chicago, IL
8331 South Mackinaw Avenue, Chicago, IL 60617
K-80.2 mi
Bowen High School
2710 East 89th Street, Chicago, IL 60617
9-111 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 8245 S Burley Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,160
—
$26,400
380%
2023
$1,160
3%
$5,500
—
2022
$1,131
2%
$5,500
—
2021
$1,106
-48%
$5,500
-42%
2020
$2,113
-4%
$9,483
-13%
2019
$2,190
2%
$10,901
—
2018
$2,153
89%
$10,901
-15%
2017
$1,137
-45%
$12,818
—
2016
$2,067
11%
$12,818
—
2015
$1,868
27%
$12,818
22%
2014
$1,472
3%
$10,503
—
2013
$1,432
—
$10,503
—
2012
$1,437
—
$10,503
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8245 S Burley Avenue, Chicago, IL 60617 (MLS# 12704547) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 8245 S Burley Avenue is currently listed for $319,900 and was received on July 16, 2026. Want to learn more about 8245 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.

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