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