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8448 S Burley Ave, Chicago, IL, 60617

$330,000

Home List Price

$3,919*

Closing Credit

9 Bedrooms
4 Baths
House

Location

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8448 S Burley Ave, Chicago$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage1 space
Year Built1902
HeatingForced Air
BasementYes
MLS #12205824
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Contingent)

About 8448 S Burley Ave

Tremendous opportunity to purchase a legal three unit building, with low taxes, just minutes away from the Lakefront and future location of the Illinois Quantum and Microelectronics Park. New roof (2024), newer water heaters (2022), and furnaces (2023) as well. Two units on the first floor with two bedrooms, one bathroom, and living room. Unit 1R is rented by a long term tenant until October 2025. Unit 1F is vacant, features a high ceiling in the living room and is ready for your cosmetic updating ideas. Unit 2 is a modern and updated duplex with five bedrooms, two walk in closets, two full bathrooms and an abundance of additional living space. Whether you're looking for a place to call home, a place to build wealth, or the best of both worlds, consider 8448 S Burley. Opportunity awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: Tri-Level
  • Year Built: 1902

Listing Office:

  • Office Name: Keller Williams Preferred Realty
  • Office Phone: (708) 798-1111
  • Listing Agent: Emiko Pope

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: 83rd St. to Burley Ave to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000

Tax Information:

  • Annual Amount: $1,662
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

8448 S Burley Ave vs Chicago

45 DAYS ON ROCKET

+12 Days

$330,000

-$33.9K Less

KEY TAKEAWAY

This property is $33.9K less than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12205824

Listing Office:

  • Office Name: Keller Williams Preferred Realty
  • Office Phone: (708) 798-1111
  • Listing Agent: Emiko Pope

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

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 the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 3:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 28, 2019Home Sold
$43,500

Tax History

YEARPROP. TAXASSESSMENT
2019$1,662$11,703
2018$1,497$11,703
2017$2,133$13,833

History based on county public records data.

Payment Calculator

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1005155
5
/10
  • Hoyne Elementary School

  • 8905 S Crandon Ave

  • 1.27 miles

  • Public District Grades KG-6

school-card-donut-1005156
7
/10
  • Earhart Options for Knowledge Elementary School

  • 1710 E 93rd St

  • 2.18 miles

  • Public District Grades KG-6

school-card-donut-1005157
7
/10
  • McDowell Elementary School

  • 1419 E 89th St

  • 2.35 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,500. Most Chicago, IL residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8448 S Burley Ave

What is the listing price of this property?

The listing price of 8448 S Burley Ave property is $330,000.

What type of property is this?

The property 8448 S Burley Ave is a house located in Chicago, Illinois, 60617.

Is this property for sale now?

Accepting Backup Offers: 8448 S Burley Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,662 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 28, 2019 for $43,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8448 S Burley Ave has 9 bedrooms and 4 bathrooms.

Which year was this property built?

The year of construction for 8448 S Burley Ave is 1902.

Rocket Homes›Illinois›Cook County›Chicago›60617›8448 S Burley Ave

This home is located at 8448 S Burley Ave in Chicago, IL and zip code 60617 in the Far Southeast Side neighborhood. This home, which was built in 1902, sits on a 0.07 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $330,000.

While more than 521 listings in Chicago, IL in November 2024 were sold above asking price, there were more than 254 listings sold at asking price, and more than 845 were sold below. Between October 2024 and November 2024, Chicago, IL real estate market has seen increase in the number of listings by 2.1%. Listings spent 33 days on the market in November 2024, and had a median list price of $363,936 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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