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8143 S Colfax Avenue, Chicago, IL 60617

$369,000
  • 8143 S Colfax Avenue, Chicago, IL 60617 Main Photo

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(Bank Owned) - Active
BEDS8 BATHS4 full MLS#12560052
STATUS(Bank Owned) - Active PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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!?

8143 S Colfax Avenue | MLS# 12560052

This multi-family property located at 8143 S Colfax Avenue, Chicago, IL 60617 is currently listed for sale with an asking price of $369,000. S Colfax Avenue is located within the District 299 school district. Search Chicago real estate on lindadunn.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Exterior Entry, Full, Walk-Out Access
Heating: Natural Gas
Lot Size: 124X49X59X20X51X36
Roof Type: Asphalt
Taxes: $2,954
Year Built: 1947

Feature Descriptions

Exterior: Brick
Lot Dimensions: 124X49X59X20X51X36
Other Equipment: CO Detectors, Ceiling Fan(s), Water Heater-Gas
Parcel#: 21311200310000
Parking: Off Alley, Alley Access, Yes, Owned
Sewer: Public Sewer
Total Rooms: 16
Township: Hyde Park
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Keller Williams ONEChicago
Agency Phone: 312-216-2422

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Estimated Payment

$ 1,175.03 per month $821.23 Principal & Interest $246.17 Property Tax $107.63 Homeowner's Insurance

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