8143 Colfax Avenue, South Chicago, Chicago, Illinois 60617
$369,000
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1947 |
| Property Taxes: | $2,954 |
| Days On Market: | 25 |
| Lot Size: | 0,00 |
Description
Price Improvement! As-is - 8143 S Colfax Ave, Chicago, IL 60617 4 Units | 2 Beds / 1 Bath Each | Full Basement | Brick Construction... Calling all investors, house hackers, and FHA 203k buyers... this all-brick 4-unit building in South Shore is your chance to create cash flow with a long-term upside. Each of the four units feature 2 bedrooms and 1 full bathroom, offering flexible rental options in a high-demand area. Whether you're looking to generate immediate rental income, renovate and hold, or occupy one unit while tenants help cover your mortgage, this property delivers value and opportunity from every angle. Perfect for FHA 203k or renovation loan buyers looking to build equity through smart improvements. With some updates, this property could easily yield strong cap rates in a neighborhood surrounded by revitalization efforts. Are you the Savvy investor this property has been searching for!?
Property Specifics
| Multi-unit | |
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| 1947 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12560052 | |
| 21311200310000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 Jan, 2018 | Sold | $75,000 | MRED MLS |
| 28 Apr, 2017 | Under contract | $75,000 | MRED MLS |
| — | Last price change | $89,300 | MRED MLS |
| 24 Jun, 2016 | Listed for sale | $125,000 | MRED MLS |
| 16 May, 2019 | Sold | $165,000 | MRED MLS |
| 8 Mar, 2019 | Under contract | $175,000 | MRED MLS |
| — | Last price change | $185,900 | MRED MLS |
| 24 Feb, 2019 | Listed for sale | $185,900 | MRED MLS |
| 4 Oct, 2023 | Sold | $310,000 | MRED MLS |
| 20 Jul, 2023 | Under contract | $310,000 | MRED MLS |
| 20 Apr, 2023 | Listed for sale | $310,000 | MRED MLS |
| 3 Feb, 2026 | Listed for sale | $369,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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| 124X49X59X20X51X36 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $2,801 |
| 2019 | $3,713 |
| 2023 | $2,815 |
| 2026 | $2,954 |
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Listing Provided By
Keller Williams ONEChicago
