Chicago, IL 60617,8239 S Colfax AVE
Chicago, IL 60617,8239 S Colfax AVE
Chicago, IL 60617,8239 S Colfax AVE
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$429,900
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12 Beds
5 Baths
Active

8239 S Colfax AVE Chicago, IL 60617

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12531965

Bedrooms 12

Year Built 1922

Annual Tax Amount $4,038

Tax Year 2024

Lot Dimensions 5750

Property Sub-Type Two to Four Units

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!

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


Midwest Real Estate Data (MRED) IDX
Listed by Jose Martinez of  RE/MAX Mi Casa 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Poe Elementary Classical School

    Public | KG - 6

  • 9

    Earhart Options for Knowledge Elementary School

    Public | KG - 6

  • 8

    McDowell Elementary School

    Public | KG - 5

  • 5

    Woodlawn Elementary Community School

    Public | PK - 6

  • 5

    Carnegie Elementary School

    Public | PK - 8

  • 5

    Hoyne Elementary School

    Public | KG - 6

  • 5

    Marsh Elementary School

    Public | PK - 8

  • 4

    Black Magnet Elementary School

    Public | KG - 8

  • 4

    Warren Elementary School

    Public | PK - 8

  • 4

    Coles Elementary Language Academy

    Public | KG - 8

  • 3

    Wadsworth Elementary School

    Public | PK - 8

  • 3

    Univ of Chicago Charter Schools

    Public | PK - 12

  • 3

    Parkside Elementary Community Academy

    Public | PK - 8

  • 3

    Bouchet Math and Science Academy Elementary School

    Public | KG - 8

  • 3

    Burnham Elementary School

    Public | PK - 8

  • 3

    Gallistel Elementary Language Academy

    Public | PK - 8

  • 3

    Taylor Elementary School

    Public | PK - 8

  • 2

    Smith W. Elementary School

    Public | PK - 8

  • 2

    Shabazz International Charter Schls

    Public | KG - 12

  • 2

    Revere Elementary School

    Public | PK - 8

Middle Schools 1
  • 0

    Camelot Safe Academy School

    Public | 6 - 12

High Schools 12
  • 8

    South Shore International College Prep High School

    Public | 12 - 12

  • 6

    Hyde Park Academy High School

    Public | 9 - 12

  • 4

    Corliss High School

    Public | 9 - 12

  • 3

    Chicago Vocational Career Academy High School

    Public | 9 - 11

  • 1

    Hirsch Metropolitan High School

    Public | 9 - 12

  • 1

    Epic Academy High School

    Public | 9 - 12

  • 0

    Magic Johnson - Roseland High School

    Public | 9 - 12

  • 0

    School of Leadership High School

    Public | 11 - 12

  • 0

    Winnie Mandela High School

    Public | 9 - 12

  • 0

    Bowen High School

    Public | 9 - 12

  • 0

    Camelot Safe Academy High School

    Public | 9 - 12

  • 0

    St Francis de Sales High School

    Private | 9 - 12

School and business data provided by Attom Data.

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Michael Di Giovanni

Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

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8239 S Colfax AVE