8239 Colfax Avenue, South Chicago, Chicago, Illinois 60617


$439,900

For Sale
Status: New
Sqft: 0
Cost/Sqft:
Beds: 12
Baths: 0
Year Built: 1922
Property Taxes: $4,038
Days On Market: 0
Lot Size: 0,00
Map
Street View

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!**Building full address is 8239-41**

Property Specifics

Multi-unit
1922
No
Cook
— / —
12626593
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
27 Apr, 2026 Listed for sale $439,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0
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Seventh Bedroom Info:
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Eighth Bedroom Info:
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Ninth Bedroom Info:
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Bedroom Info:
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Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
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Bathroom in Basement: —
Additional Rooms Info:
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Other Specifics

5750
Not in DB

Tax History

Year Property Taxes
2016 $3,685
2026 $4,038

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Listing Provided By

RE/MAX Mi Casa