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8239 S Colfax Avenue, Chicago, IL 60617

$399,900
  • 8239 S Colfax Avenue, Chicago, IL 60617 Main Photo

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New to the Market New
BEDS12 BATHS5 full MLS#12669970
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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**

8239 S Colfax Avenue | MLS# 12669970

This multi-family property located at 8239 S Colfax Avenue, Chicago, IL 60617 is currently listed for sale with an asking price of $399,900. S Colfax Avenue is located within the District 299 school district. Search Chicago real estate on jberry.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Heating: Natural Gas, Forced Air
Lot Size: 5,750
Taxes: $4,038
Year Built: 1922

Feature Descriptions

Exterior: Brick
Lot Dimensions: 5750
Parcel#: 21311270470000
Parking: Yes, Owned
Sewer: Public Sewer
Total Rooms: 20
Township: Hyde Park
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: RE/MAX Mi Casa
Agency Phone: 773-767-1616

Shown By

Agent Name: Jennifer Berry
Agent Phone: (815) 871-6156
Agency Title: Gambino Realtors

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Estimated Payment

$ 2,269.61 per month $1,816.47 Principal & Interest $336.50 Property Tax $116.64 Homeowner's Insurance

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