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$ 469,900
Est. payment /mo
New
8239 S Colfax AVE Chicago, IL 60617
12 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12434582
Bedrooms 12
Year Built 1922
Annual Tax Amount $2,532
Tax Year 2023
Lot Dimensions 125X46
Property Sub-Type Two to Four Units
Property Description
Incredible investment opportunity in the heart of South Chicago! This solid brick 4-unit building features a total of 12 bedrooms and 5 bathrooms, offering an excellent rental income potential. Each spacious unit is equipped with stove and refrigerator, and includes separately metered gas and electric, making management more efficient. Full finished basement offers additional space and flexibility. Tenants are currently month-to-month, making this an ideal option for both investors and owner-occupants looking to house hack. The property also includes 4 exterior parking spaces in the rear and is situated on a generous 124.7 x 46 ft. lot. Conveniently located near parks, schools, public transit, and local amenities. With low taxes and strong rental income, this is a must-see property in a growing area. Don't miss this chance to build equity and secure consistent cash flow.
Location
State IL
County Cook
Area Chi - South Chicago
Zoning MULTI
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Joe Castillo • RE/MAX MI CASA