Seize a prime investment opportunity in Chicago's historic South Shore neighborhood with this large, beautiful 3-flat building, minutes from the lakefront and the anticipated Obama Presidential Center. Ideal for investors or first-time home buyers looking to occupy one unit and rent the others, this property combines functionality with potential. The building features huge units equipped with stainless steel appliances, with the top two boasting granite countertops and tile backsplashes, blending practicality with style. High quality, low maintenance and modern touches make it an excellent investment. Separate utilities for heating and electricity ensure ease of management and individual cost control. The potential to duplex the first floor with basement offers additional versatility for enhancing living space or capture additional rental income. With attractive financing options, including new loan programs with as little as 5% down and grants for first-time homebuyers, ownership is within reach. Priced to sell, this property is a smart choice for those looking to invest in a neighborhood known for its community spirit and historical value. Don't miss your chance to own in South Shore!!
Closed
$415,188
7436 S Colfax Ave, Chicago, IL 60649
8beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$437,600 Zestimate®
$--/sqft
$1,530 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 17, 2024 at 04:11pm
Listing courtesy of:
Amir Abed 312-939-5253,
Kale Realty
Bought with:
Maria Dulce Ramos
Chicago Sweet Homes Realty Inc
Source: MRED as distributed by MLS GRID,MLS#: 12006879

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Full
Property
Lot
- Size: 3,978 sqft
- Dimensions: 34 X 117
Details
- Parcel number: 21301180120000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1920
- Major remodel year: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Other
- Ownership: Fee Simple
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$437,600
2% more+ $8,752
With Zillow Showcase(estimated)
$446,352