8944 S Burley Avenue , Chicago, IL 60617
Chicago, IL 60617
Description
Great Investment Opportunity - Two Buildings on One Lot in South Side Chicago This is a fantastic investment opportunity with two fully occupied buildings on the same lot, offering a total of five rental units with the potential to add a sixth unit or in-law suite in the basement. Located on a quiet street in the south side of Chicago, this property is an excellent choice for investors looking for steady income in a convenient location close to highways, public transportation, shopping, and schools. The front building features two units, each with two bedrooms and one bathroom. The basement of this building also holds potential for conversion into a third unit, further increasing rental possibilities. The back building consists of three separate units: one with three bedrooms and one bathroom, and two additional units, each with two bedrooms and one bathroom. With the demand for rental properties in this area, this property offers a steady stream of income. With its affordable price, high occupancy rate, and potential for future growth by converting the basement into another rental unit, this property presents an excellent investment opportunity. Its proximity to key amenities such as public transportation, highways, shopping centers, and schools makes it an even more attractive choice for tenants. Don't miss out on this opportunity to expand your real estate portfolio with a solid, income-producing property. Contact today for more details or to schedule a tour.
Details
| MLS# | 12211749 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 91 |
| Listing Provided By | Realty Advisors Elite LLC | Tatyana Kukso |
Features
| Story(s) | 2 |
|---|---|
| Units | 5 |
Market Activity 60617
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Chicago |
| Listing VS Median (in 60617) | |
Price: $209,000 low | high Med: $199,900 On Site: 91 low | high Med: 167.000000 | |