8409 S Burley Avenue Chicago, IL ^$ 199,000

8409 S Burley Avenue

^$ 199,000

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8409 S Burley Avenue

Chicago, IL, 60617

^$ 199,000

Studio Baths0.0

Monthly Estimate*

^$ 1,323

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Studio

Commercial Property for sale in Chicago, IL

for $199,000. This building was built in 1947 on a lot size of 0.06832.

Attention Investors: Don't miss this chance to invest in a spacious 2-unit property with a full basement. 2 Car Detached Garage. This property is ripe for renovation, perfect for launching a new business. With two new 100 AMP electrical boxes to segregate residential and commercial power usage, this property offers a promising opportunity. Each unit will be able to be set up so they pay their own utilities. Sold AS-IS. Cash offers require proof of funds, Conventional financing requires a pre-approval. This property holds significant income potential. Great Location Near Metra, Shops, Dining, and the Beach!

Commercial Active

Price

^$ 199,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,250

Style

Lot Size

0.06832

Year Built

1947

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12020924

Features

General

Cooling None

Year Built 1947

Electric Service - 0 to 100 Amps

Stories 2

Property SubType Apts/Stores

Tax Year 2022

Gross Income 0

County Cook

Insurance Expense 2900

Property Type Commercial Sale Mixed Use

Status Active

Directions SOUTH SHORE DR TO 83RD ST E TO BURLEY S TO ADDRESS.

City Chicago

Total Units 2

MLS Area CHI - South Chicago

Lot Size Square Feet 2976

Street Name Burley

Tax Annual Amount 1250.47

Electric Expense 50

Fuel Expense 0

Trash Expense 25

Water Sewer Expense 60

Additional Parcels Y/N N

Days on Market 7

Standard Status Active

Exterior

Lot Dimensions 24.3 X 124

Interior

Street Suffix Avenue

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

hvent513@gmail.com

Affordability Calculator

$1,427

Per Month

Monthly Principal & Interest: $1,323
Monthly Property Taxes: $104
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$838,574

Percent of Sale Price 321%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/4/2024	$199,000		Listed Price

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8409 S Burley Avenue, Chicago, IL, 60617 is a Commercial Property for sale at $199,000 with a lot size of 0.06832. 8409 S Burley Avenue is a studio with 0.0 baths and was built in 1947. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors 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.

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Data is updated as of 5/30/2024.

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8409 S Burley Avenue

Commercial Property for sale in Chicago, IL

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