$369,000

8143 S Colfax Avenue, Chicago, IL 60617

8 beds |
4 baths

Multi-Family Home
Built in 1947
—— sqft lot
—— car garage
$——/sqft
Listed 10 days ago

Property 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!?

Listing Status:: Active
Data Last Updated:: February 13, 2026 at 4:20PM
Listing Office:: Keller Williams ONEChicago : 312-975-6517
Listing Agent:: Stephani Jeffery : 312-975-6517
MLS ID:: 12560052

Basement: Partially FinishedExterior EntryFullWalk-Out Access
Heating: Natural Gas
Eco/Green Feature: Water Heater

Parking: Off AlleyAlley AccessYesOwnedParking spaces: 4

Roofing: Asphalt
General: BlockConcrete Perimeter

HOA Amenities: ParkLakeCurbsSidewalksStreet LightsStreet Paved
Originating MLS: mred
School District: 299
County: Cook

Zoning: 21311200310000

Water: Public
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Stephani Jeffery , Keller Williams ONEChicago

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Great Lakes Academy Charter Elementary School

8401 S Saginaw Ave, Chicago, IL, 60617

Grades KG-8

0.32 miles away

Great Lakes Academy Charter Elementary School

8401 S Saginaw Ave, Chicago, IL, 60617

Grades KG-8

0.32 miles away

Epic Academy High School

8255 S Houston Ave, Chicago, IL, 60617

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.