$429,900

8239 S Colfax Avenue, Chicago, IL 60617

  • 12 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 11 days ago

Property 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!

Listing Status:
Active
Listing Office:
RE/MAX Mi Casa : 773-964-5661
Listing Agent:
Jose Martinez : 773-964-5661
MLS ID:
12531965
  • Basement: FinishedFull
  • Heating: Natural GasForced Air
  • Parking: YesOwnedParking spaces: 4
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI21311270470000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Jose Martinez, RE/MAX Mi Casa

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Great Lakes Academy Charter Elementary School

8401 S Saginaw Ave, Chicago, IL, 60617

Grades KG-8

0.20 miles away

G

Great Lakes Academy Charter Elementary School

8401 S Saginaw Ave, Chicago, IL, 60617

Grades KG-8

0.20 miles away

E

Epic Academy High School

8255 S Houston Ave, Chicago, IL, 60617

Grades 9-12

0.58 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.

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