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!?
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
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 1,175.03 per month $821.23 Principal & Interest $246.17 Property Tax $107.63 Homeowner's InsuranceChange Payment Information
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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 www.bhhscrosby.com today.