8409 Burley Ave Chicago, IL 60617

This exceptional mixed-use property in Chicago's vibrant 60617 zip code presents a compelling investment opportunity. Located at 8409 S Burley Ave, Cook County, Illinois, this two-unit building offers significant potential for both residential and commercial use. Priced at $238,600, the property features a full basement and a detached two-car garage, adding considerable value. The existing electrical system has been upgraded with two new 100 AMP electrical boxes, allowing for separate metering of residential and commercial power usage. This setup enables each unit to manage its own utilities, maximizing efficiency and potential rental income. The property is being sold AS-IS, providing flexibility for buyers to customize renovations to their vision. Cash offers must include proof of funds, while conventional financing requires pre-approval. This property's prime location near Metra, various shops, dining establishments, and even a beach, enhances its appeal and rental prospects. The combination of residential and commercial space allows for the unique possibility of operating a business from home, further increasing its investment allure. This is an ideal opportunity for investors seeking a property with high income potential and significant upside through strategic renovations.