$365,000

8543 S Burley Ave Chicago, IL 60617

$4,334
Closing credit¹
8 beds
3 baths
House

Property details

About 8543 S Burley Ave

Fantastic 3-Unit Property on a Double Lot - Recently Renovated + Investment Ready! Don't miss this exceptional opportunity to own a fully rehabbed 3-unit building sitting on a spacious double lot, perfect for an investor or owner occupant. Renovated in 2023, this property features modern upgrades throughout, including new granite countertops, new water heaters, and a new furnace, offering low-maintenance living for years to come.The building includes a total of 8 bedrooms and 3 bathrooms. Each unit boasts updated finishes and a practical layout, ideal for maximizing rental income. The oversized double lot provides ample outdoor space including a concrete parking pad that adds 6 additional parking spaces. This beautiful property is just minutes from Lake Shore Drive and the lakefront. Close to stores, expressways, and public transportation. Located in a neighborhood undergoing rapid development with many new projects and improvements underway including "The PSI Quantum Campus Project".This is your chance to own a turn-key property in an up-and-coming area with strong rental demand and long-term growth potential!! Property is being sold AS-IS.

Highlights

Home typeResidential
HeatingNatural Gas, Forced Air
StatusActive
(New)
Year built1888
ParkingOn Site, Detached, Garage
MLS #12375543
Garage2 spaces

Summary

  • Basement: No
  • Total Bedroom Count: 8
  • Garage Space: 2 spaces
  • Parking: On Site, Detached, Garage
  • Heating: Natural Gas, Forced Air
  • List Price: $365,000
  • Annual Tax Amount: $324
  • Tax Year: 2022
  • Directions: 83rd street east to Burley to address
  • Year Built: 1888
  • MLS Number: 12375543
  • MLS Name: MRED
  • Office Name: Duarte Realty Company
  • Office Phone: (708) 589-5855
  • Listing Agent: AnaKaren Serrano

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8543 S Burley Ave, Chicago, IL 60617 - view of front of house with a gate and covered porch

$365,000

8543 S Burley Ave

$4,334

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 18, 2023
Home Sold
$70,000

Tax history

YearAssessmentProperty Tax
2022$5,000$324
2020$10,414$1,628
2019$11,971$1,716
2018$11,971$1,686
2017$12,317$1,924

History based on county public records data.

Nearby schools

5

Hoyne Elementary School

Public District KG-6

1.3 mi

8905 S Crandon Ave

7

Earhart Options for Knowledge Elementary School

Public District KG-6

2.2 mi

1710 E 93rd St

8

McDowell Elementary School

Public District KG-5

2.4 mi

1419 E 89th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,342. Residents of Chicago, IL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

31%
<35k
64%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

41%
Single, No Kids
35%
Single, with Kids
12%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
28%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8543 S Burley Ave

The listing price of 8543 S Burley Ave property is $365,000.

The property 8543 S Burley Ave is a house located in Chicago, Illinois, 60617.

Active Listing: 8543 S Burley Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8543 S Burley Ave are: Hoyne Elementary School (GreatSchools Rating 5/10), Earhart Options for Knowledge Elementary School (GreatSchools Rating 7/10), McDowell Elementary School (GreatSchools Rating 8/10), New Sullivan Elementary School (GreatSchools Rating 3/10), J. Thorp Elementary School (GreatSchools Rating 2/10), Learn Charter - South Chicago Campus (GreatSchools Rating 5/10), Epic Academy High School (GreatSchools Rating 1/10), Noble St Charter-Baker Campus (GreatSchools Rating 1/10), Bowen High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2022 is $324 (source: MLS/based on county public records data).

The last sale was on January 18, 2023 for $70,000 (source: MLS/tax record).

The property at 8543 S Burley Ave has 8 bedrooms and 3 bathrooms.

The year of construction for 8543 S Burley Ave is 1888.

This home is located at 8543 S Burley Ave in Chicago, IL and zip code 60617 in the Far Southeast Side neighborhood. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $365,000.

In April 2025 more than 901 listings in Chicago, IL were sold above the asking price. During the same period more than 351 listings were sold at asking price, while more than 879 were sold below. The number of homes for sale in Chicago, IL increased by 19.8% between March and April 2025. The median list price of listings available in April 2025 was $374,309, while the average time on the real estate market was 31 days.

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

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