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    8847 S Burley Ave Chicago, IL 60617

    For Sale
    $39,900

    Residential Income - Chicago, IL

    Days on Market:
    8
    Last Refresh:
    Dec 11 at 10:06 pm

    Property Features for 8847 S Burley Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    26051020190000
    Parking
    2

    Utilities

    Heating system
    Forced Air, Natural Gas, Space Heater

    Building Details

    Year built
    1878
    Architectural style
    Other

    Choice Realty Group (847) 912-1592 [email protected]

    Listing agent David Williamson (773) 782-6679 License #471010481

    Listing date Dec 4, 2025

    MLS# 12527743 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Two-Flat with Rehab Potential

    This two-flat property with a basement is located in an upcoming area of Chicago. The property offers potential for an owner occupant or investor. Extensive rehabilitation is needed to restore the building. It features two 2-bedroom units and a basement that could be converted into a duplex with the first floor or used as an in-law suite. Parking is available in the back for two cars, with additional space for a garage. The property is located close to transportation and the lake. The property is sold as is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5453884
    Latitude
    41.7342427

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    FAQs

    What type of property is this?
    Duplex - Two-flat in Chicago with rehab potential for owner occupant.
    Where is this duplex located?
    The property is located at 8847 S Burley Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - Two-flat property ideal for owner-occupancy or investment.; - Two 2-bedroom units.; - Basement with potential to be duplexed or used as an in-law suite.
    (773) 782-6679
    Request Owner's contact information
    8847 S Burley Ave Chicago, IL 60617
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    Chicago, IL 60617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8847 S Burley Ave Chicago, IL 60617
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