8239 Colfax Avenue, South Chicago, Chicago, Illinois 60617
$429,900
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For Sale
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| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 12 |
| Baths: | 0 |
| Year Built: | 1922 |
| Property Taxes: | $4,038 |
| Days On Market: | 1 |
| Lot Size: | 0,00 |
Description
Fantastic investment opportunity in the heart of South Chicago! This solid brick 4-unit building offers 12 total bedrooms and 5 bathrooms, providing excellent potential for strong rental income. Each spacious unit includes a stove and refrigerator, and all utilities are separately metered for gas and electric, offering added convenience for management. A full finished basement provides additional space and versatility. All tenants are currently month-to-month, making this a great option for investors or owner-occupants interested in house hacking. The property also features 4 exterior parking spaces in the rear and sits on an extra-wide 125x46 ft. lot. Located close to parks, schools, public transit, and everyday amenities, this building offers a smart opportunity to grow long-term value. With low taxes and strong rental potential, this is a must-see property. Don't miss your chance to build equity and secure steady cash flow!
Property Specifics
| Multi-unit | |
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| 1922 | |
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| No | |
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| Cook | |
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| — / — | |
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| 12531965 | |
| 21311270470000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Dec, 2016 | Sold | $90,000 | MRED MLS |
| 17 Oct, 2016 | Under contract | $105,000 | MRED MLS |
| 3 Oct, 2016 | Listed for sale | $105,000 | MRED MLS |
| 18 Dec, 2025 | Listed for sale | $429,900 | MRED MLS |
Room Specifics
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0
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Full Bathrooms: 5
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Bathroom in Basement: —
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Other Specifics
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| 5750 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2016 | $3,685 |
| 2025 | $4,038 |
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Listing Provided By
RE/MAX Mi Casa
