Cook, US
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.
Courtesy Of: Coldwell Banker Realty
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 05/08/2026
Interior Features
- Bedrooms Possible:
- 9
- Rooms Total:
- 9
Exterior Features and Amenities
- Lot Size Dimensions:
- 25X125
Financial
- Purchase Contract Date:
- 2026-05-18
- Days On Market:
- 15
- Tax Annual Amount:
- $3,484.07
- Tax Year:
- 2024
Other Features
- Elementary School District:
- 299
- High School District:
- 299
- Middle Or Junior School District:
- 299
- Age:
- 100+ Years
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-05-27.
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