8143 S Colfax Avenue, Chicago, IL
  • $369,000

Description

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!?

  • Listing Courtesy of: Keller Williams ONEChicago

Details

Updated on June 27, 2026 at 9:55 am
  • Property ID MRD12560052
  • Price $369,000
  • Bedrooms 8
  • Year Built 1947
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 4
  • Parcel Number 21311200310000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Active
  • Co List Agent MLS ID MRD1015338
  • Days On Market 144
  • Cumulative Days On Market 312
  • Tax Annual Amount 2954
  • Heating Natural Gas
  • Parking Features Off Alley,Alley Access,Yes,Owned
  • Directions 83 SOUTH CHICAGO/EAST TO COLFAX END AT 8141-8143
  • Address 8143 S Colfax Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60617
  • Country United States

Overview

Property ID: MRD12560052
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 1947
  • Year Built

Mortgage Calculator

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