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  • $388,000

    9020 S Burley Ave, Chicago, IL 60617

    9beds
    --sqft
    Multi Family
    Built in 1888
    -- sqft lot
    $388,600 Zestimate®
    $--/sqft
    $1,557 Estimated rent

    Home value

    $388,600

    $354,000 - $427,000

    $1,557/mo

    Zestimate® history
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    What's special

    New water heatersNewer roof
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marco Ponce 312-266-7000,

    Coldwell Banker Realty

    Bought with:

    Nolberto Damian

    Better Homes and Gardens

    Source: MRED as distributed by MLS GRID,MLS#: 12623193MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: None

    Property

    Lot
    • Size: 3,125 Square Feet
    • Dimensions: 25X125
    Details
    • Parcel number: 26062270240000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    Condition
    • New construction: No
    • Year built: 1888

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $173,010
    • Annual tax amount: $3,484
    • Date on market: 5/8/2026
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/26/2026Sold$388,000
    Source: MRED as distributed by MLS GRID #12623193 Report a problem
    5/20/2026Listing removed$388,000
    Source: MRED as distributed by MLS GRID #12623193 Report a problem
    5/8/2026Listed for sale$388,000+84.8%
    Source: MRED as distributed by MLS GRID #12623193 Report a problem
    12/29/2023Sold$210,000+500%
    Source: MRED as distributed by MLS GRID #11927982 Report a problem
    11/16/2018Sold$35,000-12.3%
    Source: Public Record Report a problem
    10/9/2018Pending sale$39,900
    Source: Goldtree Realty Inc #10104308 Report a problem
    10/5/2018Listed for sale$39,900+24.7%
    Source: Goldtree Realty Inc #10104308 Report a problem
    10/13/2000Sold$32,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $17,301 +246%
    2023$1,058 +2.5%$5,000
    2022$1,032 +2.3%$5,000
    2021$1,008 -60.5%$5,000 -56.2%
    2020$2,552 -3.6%$11,426 -13%
    2019$2,646 +37.8%$13,134
    2018$1,921 -15.5%$13,134 -5.6%
    2017$2,273 -0.8%$13,912
    2016$2,292 +10.5%$13,912
    2015$2,074 +26.8%$13,912 +22.5%
    2014$1,635 +2.7%$11,360
    2013$1,592 -0.2%$11,360
    2012$1,594 +17%$11,360 -8.6%
    2011$1,363 +10.2%$12,430
    2010$1,236 +21.8%$12,430
    2009$1,015 +5%$12,430 -7.5%
    2008$967 +58.1%$13,442
    2007$611 -68.4%$13,442
    2006$1,932 +56%$13,442 +77.6%
    2005$1,239 +1%$7,570
    2004$1,227 +2.2%$7,570
    2003$1,200 +30.1%$7,570 +47.7%
    2002$922 +3.7%$5,126
    2001$889 +12.4%$5,126
    2000$791 $5,126 +24.6%
    1999$791 $4,113
    Find assessor info on the county website

    Neighborhood: South Chicago

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $388,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $388,600