Chicago, IL 60617 8239 S Colfax Avenue
$439,900



19 more



















Presented By: RE/MAX Mi Casa
Home Details
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**
Presented By: RE/MAX Mi Casa
Interior Features for 8239 S Colfax Avenue
Bedrooms
Bedrooms Possible12
Total Bedrooms12
Bathrooms
Full Baths Building5
Half Baths Building
Total Baths5
Other Interior Features
BasementFinished, Full
Total Number of Units4
General for 8239 S Colfax Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
Directions83rd Street to Colfax, North to property
Elementary School District299
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - South Chicago
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionTenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4038.45
Tax Year2024
Total Rooms20
TownshipHyde Park
Year Built1922
ZoningMULTI
Exterior for 8239 S Colfax Avenue
Lot Dimensions5750
Parking FeaturesYes, Owned
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
