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9020 Burley Avenue

Chicago, IL 60617
Directions
$388,000
9beds
3baths
sqft
Anything from "is it priced right?" to "what's the catch?"

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About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built1888
Age band100+ Years
Total parking0
Lot dimensions25X125
AreaCHI - South Chicago
Bedrooms (total)9
Annual tax$3,484.07
First listedMay 8, 2026
Parcel #26062270240000
CountyCook
MLS #MRD12623193
Days on market1
Photos34

Features

Heating
Natural Gas
Construction
Aluminum Siding
Sewer
Public Sewer
Listed by
Coldwell Banker Realty
Marco Ponce

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 5/8/2026, 4:25:04 PM. All data should be independently verified.

$388,000
9 bd · 3 ba
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