8606 Colfax Avenue, South Chicago, Chicago, Illinois 60617


$111,000

Sold
Status: Closed
Sqft: 956
Cost/Sqft: $115
Beds: 3
Baths: 2
Year Built: 1914
Property Taxes: $1,307
Days On Market: 904
Lot Size: 0,09
Map
Street View

Description

Excellent starter investment or owner occupant home. The property features new exterior fascia and new gutters as of September 2022. This property is the perfect opportunity for either; an owner occupant, or a new or experienced investor to buy a turnkey rental property with a great tenant already in place. Earn instant cash flow by purchasing an investment property that it already generating income the second you close. This property has a long term (10 years +), conscientious, Section 8 lease tenant and voucher holder ($1,253.00 per month total rent) through September 2023 who wants to stay and renew their lease. The back yard has a parking pad for two cars that could easily be built out or converted into a garage parking area. Being sold as is, and short notice showings might be possible (although 48 hours notice is definitely preferred). Schedule to see this one as soon as possible.

Property Specifics

Single Family
1914
N
No
0.09
Cook
— / Not Applicable
11793541
21313270230000

Property History

DATE: EVENT: PRICE: SOURCE:
21 Nov, 2023 Sold $111,000 MRED MLS
7 Oct, 2023 Under contract $109,900 MRED MLS
27 May, 2023 Listed for sale $109,900 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 3
Bedrooms Below Ground: 2
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 1
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Partially Finished,Storage Space

Other Specifics

30 X 125
Not in DB

Tax History

Year Property Taxes
2023 $1,307

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Listing Provided By

EXIT Strategy Realty