About 8239 S Colfax Avenue
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!**One of the LLC members is an Illinois licensed Realtor (Not Listing Brokers)**
Features of 8239 S Colfax Avenue
| MLS® # | 12669970 |
|---|---|
| Price | $399,900 |
| Bedrooms | 12 |
| Bathrooms | 0.00 |
| Year Built | 1922 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Active |
Community Information
| Address | 8239 S Colfax Avenue |
|---|---|
| Area | CHI - South Chicago |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60617 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Yes, Owned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Exterior | Brick |
|---|
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 48 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX Mi Casa |
|---|