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About This Home
This 8-bedroom, 4-bathroom residential multi family at 8143 S Colfax Avenue in Chicago, IL is listed for $369,000. Built in 1947, on a N/A lot.
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!?
Key Features
- Built in 1947
- 4 parking spaces
Property Details
Monthly Cost Estimate
$1,973/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8143 S Colfax Avenue
Chicago, IL 60617
Property Details
Construction
Parking
Heating
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 8143 S Colfax Avenue is listed at $369,000. The estimated monthly payment is $1,599 based on 20% down at 6.5% interest.
Key features include: Built in 1947, 4 parking spaces.
This property is listed by Stephani Jeffery and can be reached at (312) 216-2422 or stephani.jeffery@gmail.com.
