Renovated Three-Unit
For Sale
$319,900
8245 S Burley Avenue, Chicago, IL 60617
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market103
Property Features for 8245 S Burley Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bedroom 7, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 8, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 6, Basement
Parking
2
Parking features
Offsite
Patio and Porch features
Porch
Basement
Unfinished, Partial
Elementary school district
299
Middle school district
299
High school district
299
Directions
83rd East of Exchange to Burley
Subdivision
CHI - South Chicago
Standard status
Active
APN
21321020060000
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
1160
Building Details
Year built
1900
Building materials
Aluminum Siding
Roof type
Asphalt
Listing Agency:
Keller Williams Preferred Rlty · Keller Williams Realty
Listed By:
James Mattz
(708) 798-1111
Added: Jul 16
Changed: Oct 23
Last Checked: Oct 26 at 10:06AM
MLS# 12704547
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This three-unit multifamily building was renovated in 2023 and includes individual heating systems for the apartments. The property offers a functional layout with two two-bedroom, one-bath units identified in the current information, while two apartments are available for immediate occupancy. Section 8 compliance supports a range of rental arrangements, including continued residential income use or an owner-occupant strategy. The building also features aluminum siding, an asphalt roof, a porch, and a basement. Constructed in 1900, the property is located in Chicago’s 60617 ZIP code.
Key Highlights
- Three‑unit multifamily building
- Renovated in 2023
- Individual heating systems
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
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Business Placement
Demographics for 60617, IL
77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Updated multifamily property with individual heating systems and two apartments available for immediate occupancy.
Where is this triplex located?
The property is located at 8245 S Burley Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Three‑unit multifamily building; Renovated in 2023; Individual heating systems
