8239 S Colfax Avenue, Chicago, IL 60617

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Connections
8239 S Colfax Avenue,Chicago, IL 60617
$399,900
  • 12 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jose martinez, joe castillo
Office: re/max mi casa
MLS#:12669970
Source:MLSNI

Price summary

  • Price:$399,900

About this home

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...

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Home facts

  • Year built:1922
  • Listing ID #:12669970
  • Updated:August 07, 2026 at 10:51 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:20
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1922

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,900
  • Tax amount:$4,038 (2024)

Parking

  • Total parking spaces:4
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