7436 Colfax Avenue, South Shore, Chicago, Illinois 60649
$415,188
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1920 |
| Property Taxes: | $2,999 |
| Days On Market: | 550 |
| Lot Size: | 0,00 |
Description
Seize a prime investment opportunity in Chicago's historic South Shore neighborhood with this large, beautiful 3-flat building, minutes from the lakefront and the anticipated Obama Presidential Center. Ideal for investors or first-time home buyers looking to occupy one unit and rent the others, this property combines functionality with potential. The building features huge units equipped with stainless steel appliances, with the top two boasting granite countertops and tile backsplashes, blending practicality with style. High quality, low maintenance and modern touches make it an excellent investment. Separate utilities for heating and electricity ensure ease of management and individual cost control. The potential to duplex the first floor with basement offers additional versatility for enhancing living space or capture additional rental income. With attractive financing options, including new loan programs with as little as 5% down and grants for first-time homebuyers, ownership is within reach. Priced to sell, this property is a smart choice for those looking to invest in a neighborhood known for its community spirit and historical value. Don't miss your chance to own in South Shore!!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1920 | |
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| — | |
| No | |
| 0 |
| Cook | |
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| — / — | |
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| 12006879 | |
| 21301180120000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 Feb, 2011 | Sold | $20,000 | MRED MLS |
| 26 Jan, 2011 | Under contract | $19,900 | MRED MLS |
| — | Last price change | $23,900 | MRED MLS |
| 23 Aug, 2010 | Listed for sale | $30,000 | MRED MLS |
| 28 Oct, 2016 | Sold | $105,000 | MRED MLS |
| 7 Oct, 2016 | Under contract | $145,000 | MRED MLS |
| 11 Sep, 2016 | Listed for sale | $145,000 | MRED MLS |
| 16 May, 2024 | Sold | $415,188 | MRED MLS |
| 4 Apr, 2024 | Under contract | $395,000 | MRED MLS |
| 22 Mar, 2024 | Listed for sale | $395,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
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Dimensions: —
Floor Type: —
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
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| 34 X 117 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2011 | $4,499 |
| 2016 | $3,838 |
| 2024 | $2,999 |
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Listing Provided By
Kale Realty
