Welcome to South Chicago at 9020 S. Burley Ave, a well-maintained legal 3-unit building located near Lake Michigan. This fully occupied income-producing property offers an excellent opportunity for investors seeking stable rental income with future upside potential. All three units are currently rented on month-to-month leases, providing immediate cash flow and future flexibility. Each spacious unit features 3 bedrooms and 1 bathroom with functional layouts designed for comfortable living and long term tenants. The current ownership has completed several valuable updates, including recent improvements to the second and third-floor units. Additional upgrades include new plumbing throughout the building, newer roof, New HVAC systems and furnaces, and new water heaters, helping reduce future maintenance concerns. Conveniently located near parks, shopping, public transportation, schools, and commuter access, this property is positioned within an area seeing continued redevelopment and investment along Chicago’s southeast corridor. A solid multifamily opportunity with strong rental potential and major mechanical updates already completed.
Property Details
Price:
$388,000
MLS #:
MRD12623193
Status:
Active Under Contract
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
May 8, 2026
Year Built:
1888
See this Listing
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Aluminum Siding
Financial
Tax Year
2024
Taxes
$3,484
Map
Community
- Address9020 S Burley Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
Market Summary
Current real estate data for Multi Family in Chicago as of Jun 18, 2026
1,407
Multi Family Listed
80
Avg DOM
$532,403
Avg List Price
Property Summary
- 9020 S Burley Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $388,000
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Copyright 2026. All rights reserved.
9020 S Burley Avenue
Chicago, IL


