9035 S Burley AVE Pending

Chicago,IL 60617

$ 475000

11 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12371085

Bedrooms 11

Annual Tax Amount $6,000

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 25 X 140

Property Sub-Type Two to Four Units

Property Description

Beautiful Brick 4 Unit with Jumbo units .Each unit has Large Living and Dining Rooms, Fireplaces and Large Pantry With Laundry Hookups. There are 11 bedrooms total and 4 baths all ready to cash flow. Currently 2 professionally term-leased apartments ( 2 of 4 units vacated so buyer can owner occupy/take over). We just updated building again this June 2025 to get ready for market: we prepped with Newer furnaces, Additional Electrical Updates, Plumbing updates & Fixtures, Large Roof Improvement (ReCoated Roof), Replaced Many windows, and Full Turnover/Cleanup of 2 Units. Back deck was just beefed up, and we Resodded back yard. By owning this lot we have good news: in June we started application to buy lot next door from city and you can take it over and work on buying lot next door. Location also across from Grammar School and national landmark, and another Charter School w playground on other corner. There are Cta 6 bus routes, and 2 Metra stations(south shore) are walkable. The Lakefront is short walk and 2 Parks entice you on the way (2 blocks east is New Park and further on Lake side is Steelmakers park w fishing canal). Driving: 90/94 2 minutes and Walmart/Indiana border/Casino is minutes away. All transportation options for renters are satisfied due to this, as well as, a short walk to grocery and Dunkin/Eating on 91st. The Quantum center is going nearby on Lake in 26 so we hope you buy and hold and realize appreciation for the patient investor. BIG ADD ON: In June we requested and received support to buy LOT NEXT DOOR (9039 to south) so buyer could take on this application/qualified by this owner from city in the October/Fall via Adjacent Lot Program if handled quickly after sale. Owning this building likely favors you for the land and a discount on it. Tenants in good standing. Can show 2 units easily and others with video and entry after offer . Eviction on top floor unit is pending-judgement received in late May, Tenant will be out prior to closing.

Location

State IL

County Cook

Area Chi - South Chicago

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas,Space Heater

Equipment CO Detectors,Ceiling Fan(s),Water Heater-Gas

Fireplace N

Exterior

Exterior Feature Balcony,Dog Run

Community Features Park,Lake,Gated,Sidewalks,Street Lights,Street Paved

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick, Yes

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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