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  • $469,900

    8239 S Colfax Ave, Chicago, IL 60617

    12beds
    --sqft
    : 
    Multi Family
    Built in 1922
    -- sqft lot
    $462,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Full finished basement
    Incredible investment opportunity in the heart of South Chicago! This solid brick 4-unit building features a total of 12 bedrooms and 5 bathrooms, offering an excellent rental income potential. Each spacious unit is equipped with stove and refrigerator, and includes separately metered gas and electric, making management more efficient. Full finished basement offers additional space and flexibility. Tenants are currently month-to-month, making this an ideal option for both investors and owner-occupants looking to house hack. The property also includes 4 exterior parking spaces in the rear and is situated on a generous 124.7 x 46 ft. lot. Conveniently located near parks, schools, public transit, and local amenities. With low taxes and strong rental income, this is a must-see property in a growing area. Don't miss this chance to build equity and secure consistent cash flow.
    19 hours
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: 8 hours ago

    Listing courtesy of:

    Joe Castillo 773-767-1616,

    RE/MAX MI CASA,

    Jose Martinez 773-964-5661,

    RE/MAX MI CASA

    Source: MRED as distributed by MLS GRID,MLS#: 12434582MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 8239 S Colfax Ave.

    Next available tour time:Saturday at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Faces Side, On Site, Owned
    • Has garage: Yes
    Lot
    • Size: 5,750 Square Feet
    • Dimensions: 125X46
    Details
    • Parcel number: 21311270470000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Annual tax amount: $2,532
    • Date on market: 8/5/2025
    • Ownership: Fee Simple
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