8143 S Colfax Avenue, Chicago, IL 60617

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
8143 S Colfax Avenue,Chicago, IL 60617
$369,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stephani jeffery, cortney mines johnson
Office: keller williams onechicago
MLS#:12560052
Source:MLSNI

Price summary

  • Price:$369,000

About this home

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!?

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Home facts

  • Year built:1947
  • Listing ID #:12560052
  • Added:53 day(s) ago
  • Updated:March 29, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:16
  • Basement:Yes
  • Basement Description:Full, Partially Finished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1947
  • Foundation Description:Block, Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$369,000
  • Tax amount:$2,954 (2024)

Features and amenities

  • Amenities:CO Detectors, Ceiling Fan(s)

Parking

  • Total parking spaces:4
  • Parking description:Off Alley
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