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$388,000
9 Beds 3 Baths 12623193 MLS CLOSED Status
Welcome to South Chicago at 9020 S. Burley Ave, a well-maintained legal 3-unit building located near Lake Michigan. This fully occupied income-producing property offers an excellent opportunity for investors seeking stable rental income with future upside potential. All three units are currently rented on month-to-month leases, providing immediate cash flow and future flexibility. Each spacious unit features 3 bedrooms and 1 bathroom with functional layouts designed for comfortable living and long term tenants. The current ownership has completed several valuable updates, including recent improvements to the second and third-floor units. Additional upgrades include new plumbing throughout the building, newer roof, New HVAC systems and furnaces, and new water heaters, helping reduce future maintenance concerns. Conveniently located near parks, shopping, public transportation, schools, and commuter access, this property is positioned within an area seeing continued redevelopment and investment along Chicago's southeast corridor. A solid multifamily opportunity with strong rental potential and major mechanical updates already completed.

9020 S Burley Avenue, Chicago

$199,900
10 Beds 4 Baths 12636036 MLS ACTIVE Status
Excellent investor opportunity in Chicago's South Shore neighborhood. This multi-unit property, originally built in 1893, offers historic character and solid bones but is in need of updates and renovation. Perfect for investors or buyers looking to add value, this property presents strong upside with the right vision and improvements. Located just minutes from Lake Michigan, Rainbow Beach Park, and the South Shore Cultural Center, the area continues to see growth and redevelopment. Convenient access to shopping, dining, public transportation, the University of Chicago, Jackson Park, and the future Obama Presidential Center adds to its long-term appeal. Ideal for those seeking a project with potential to maximize rental income or create a long-term hold. **Property is being sold as-is.**

8119 S Escanaba Avenue, Chicago

$410,000
8 Beds 3 Baths 12614912 MLS CLOSED Status
Well maintained Brick legal 3 flat building in the heart of South Chicago. This Recently updated bright building is a fantastic investment opportunity for owner-occupants or savvy investors. All units have hardwood flooring, vinyl windows, forced heat & in-unit laundry. Separate utilities. First floor unit has 2bed/1bath featuring a spacious, bright, and inviting living room, and a formal dining room. The second and third floor units had a three generously sized bedrooms, 1-bath, bright Living room, and spacious eat-in kitchen. The fully unfinished basement is ready for you to customize to your needs. There is a detached brick two car garage. Easy street parking. This is a great building sold in as-is condition. Just minutes from Lake Shore Drive, Rainbow Beach, South Shore Cultural Center, Russell Square Park, and Jackson Park, giving you easy access to the lakefront, green spaces, grocery shopping, restaurants, Metra and Express buses downtown. Schedule a showing today to see all that this wonderful neighborhood has to offer. Motivated seller, feel free to make an offer today.

8204 S Exchange Avenue, Chicago

$190,000
6 Beds 2 Baths 12610800 MLS CONTINGENT Status
Cash flow from day one with this well-maintained 2-flat in South Chicago offering immediate rental income with future potential to enhance value over time. Each unit features a spacious 3-bedroom layout with comfortable living and dining areas, providing ample room for both dining and entertainment. The property is fully occupied, creating a stable foundation for ownership from day one. A full basement offers additional space for storage or the possibility to further optimize the property's functionality. Property is being sold AS IS. Situated on a residential block with access to public transportation and everyday conveniences, this is a solid opportunity for those looking to invest in a property with both current income and long-term potential.

8242 S Houston Avenue, Chicago

$185,000
7 Beds 4 Baths 12607670 MLS CLOSED Status
Rare opportunity to own a 135 year old building with exceptional rental and value add potential. This non-conforming multi-unit property offers a total of 7 bedrooms and 3.5 bathrooms, providing flexible living and income possibilities. The first floor unit features 3 bedrooms and 1.5 baths, while additional units offer strong rental potential. ideal for owner occupants or investors - live in one unit and generate income from the others. Unfinished basement and attic spaces present exciting opportunities for expansion or additional living areas, adding even more upside to this unique property. A 3 car garage provides ample parking and convenience. Located just 3 blocks from Lake Michigan and only 2 blocks from the Metra, this property offers unbeatable access to transportation, recreation, and city amenities. Sold as-is. Don't miss this incredible investment opportunity.

8800 S Houston Avenue, Chicago

$100,000
8 Beds 4 Baths 12606317 MLS CLOSED Status
This is an amazing opportunity to build equity or creating a great investment with passive cash flow and should not be overlooked! Located on the hotter than hot south shore, this is a jumbo 4 unit building which offers two bedrooms, one bath per unit with a full basement! The home has had renovations started but still needs to be finished. The first-floor units offer newer flooring, newer drywall and updated bathrooms, while the second-floor units are framed out and not finished but this is where the value-add upside lies! The building features a full unfinished basement, which can be duplexed down from the first-floor units or keep as storage space! This building can generate amazing cash flow, and this is not a building you will want to overlook!

8747 S Escanaba Avenue, Chicago

$215,000
10 Beds 4 Baths 12592323 MLS CLOSED Status
This legal-brick four-unit building in South Shore offers a clear path for growth and long-term value. The property includes two large three-bedroom units and two two-bedroom units, providing a versatile layout for future tenants, with additional upside in finishing the attic and basement into units. Market rents in the area run $1,700-$1,900/month for 3-beds and $1,250-$1,600/month for 2-beds. CHA voucher rates are $1,630 for 3-beds and $1,270 for 2-beds. South Shore has real momentum. The Obama Presidential Center, 3 miles away, opens in June 2026 and is already pulling attention and investment into the corridor. The proposed Bears stadium and entertainment district is 6.5 miles out, another longer-term tailwind for the South Side. Fantastic bones, great unit mix, and a neighborhood that's moving. This is a home run for the right buyer.

8559 S Escanaba Avenue, Chicago

$518,863
13 Beds 5 Baths 12586423 MLS CLOSED Status
Great opportunity for investors or owner-occupants looking to maximize rental income potential! This unique multi-unit property features a main building with two spacious duplex units plus a separate coach house, offering multiple streams of income. The first duplex combines the main level with the basement and offers 6 bedrooms and 2 bathrooms, providing ample space for large households or strong rental demand. The second duplex connects the upper level with the attic and features 5 bedrooms and 2 bathrooms, and was fully remodeled and includes updates such as newer furnace and AC recharger, new carpet, new countertops, paint, refinished hardwood floors, bathrooms, etc. making it move-in ready for tenants. In addition, the coach house in the rear includes 2 bedrooms and 1 bathroom that was fully renovated in 2025, creating an excellent opportunity for additional rental income or extended living. Coin laundry in basement was also recently remodeled. With its high bedroom count and three separate living spaces, this property presents outstanding cash flow potential for investors looking to maximize returns or for homeowners who want the tenants in the other units to help with the mortgage. The rental income potential in this building is truly exceptional and you don't want to miss this opportunity!

8705 S Saginaw Avenue, Chicago

$585,000
7 Beds 5 Baths 12579497 MLS CLOSED Status
Well-maintained and solid all-brick 4 unit building situated on an oversized lot in the desirable South Shore area of Chicago. The building features a desirable unit mix of two spacious 2-bedroom/1-bath units, two large 1-bedroom/1-bath units. A detached all-brick garage provides additional income potential and added tenant convenience. Major mechanical updates have already been completed, including updated electrical and plumbing systems. The interiors have been thoughtfully upgraded with new flooring, modernized kitchens, updated bathrooms, and newer appliances-creating a truly turnkey investment. The location is just minutes from the lakefront, beaches, and parks, and in close proximity to the highly anticipated Barack Obama Presidential Center, adding strong future growth and appreciation potential. This well-cared-for property presents a strong opportunity for investors seeking multiple income streams or for an owner-occupant looking to balance their mortgage with rental and short-term income. A versatile asset with built-in upside-ready for its next owner.

2052 E 80Th Street, Chicago



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