8239 S Colfax Avenue, Chicago, IL 60617

Chicago
Local realty services provided by:ERA Partners
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 16, 2026 at 11:19 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
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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