8239 S Colfax Avenue, Chicago, IL
  • $399,900

Description

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 125×46 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!**Building full address is 8239-41**

  • Listing Courtesy of: RE/MAX Mi Casa

Details

Updated on June 26, 2026 at 7:38 pm
  • Property ID MRD12669970
  • Price $399,900
  • Bedrooms 12
  • Year Built 1922
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 4
  • Parcel Number 21311270470000
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status Active
  • Co List Agent MLS ID MRD130892
  • Days On Market 21
  • Cumulative Days On Market 126
  • Tax Annual Amount 4038.45
  • Heating Natural Gas,Forced Air
  • Parking Features Yes,Owned
  • Directions 83rd Street to Colfax, North to property
  • Zoning MULTI
  • Address 8239 S Colfax Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60617
  • Country United States

Overview

Property ID: MRD12669970
  • Multi Family
  • Property Type
  • 12
  • Bedrooms
  • 1922
  • Year Built

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