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$315,000
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Property Description
Fantastic 3-Unit Property on a Double Lot - Recently Renovated + Investment Ready! Don't miss this exceptional opportunity to own a fully rehabbed 3-unit building sitting on a spacious double lot, perfect for an investor or owner occupant. Renovated in 2023, this property features modern upgrades throughout, including new granite countertops, new water heaters, and a new furnace, offering low-maintenance living for years to come.The building includes a total of 8 bedrooms and 3 bathrooms. Each unit boasts updated finishes and a practical layout, ideal for maximizing rental income. The oversized double lot provides ample outdoor space including a concrete parking pad that adds 6 additional parking spaces. This beautiful property is just minutes from Lake Shore Drive and the lakefront. Two blocks away from the Metra, close to stores, expressways, and public transportation. Located in a neighborhood undergoing rapid development with many new projects and improvements underway including "The PSI Quantum Campus Project". VERY LOW TAXES!! This is your chance to own a turn-key property in an up-and-coming area with strong rental demand and long-term growth potential!!
Full Property Details
Full Property Details for 8543 S Burley Ave
General
- Sold For: $315,000
- Taxes: $1,205 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12539016
- Added to Site: 63 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 8
- Parking Features: Yes, Detached, Garage
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 83rd street east to Burley to address
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Crawl Space
- Year Built: 1888
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Oversized Chicago Lot
- Lot Dimensions: 3100 SQFT
Financial Considerations
- Assessment Year: 1888
- Tax Amount: $1,205.81
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21322090160000
Listed by Duarte Realty Company
Sold by Keller Williams Preferred Realty
Get Pre-Approved Today
Schools
Schools serving 8543 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 | 0.3 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.8 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 8543 S Burley Ave
Date
Details
Price
Change
Source
2/20/2026
Sold
$315,000
-1.25%
MLS
1/01/2026
Listed
$319,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8543 S Burley Avenue, Chicago, IL 60617 (MLS# 12539016) is a Multi-Family property that was sold at $315,000 on February 20, 2026. Want to learn more about 8543 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.

