$439,900

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

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 10:18PM
Listing Office:
RE/MAX Mi Casa : 773-964-5661
Listing Agent:
Jose Martinez : 773-964-5661
MLS ID:
12626593
  • 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

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