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About This Home
This 12-bedroom, 5-bathroom residential multi family at 8239 S Colfax Avenue in Chicago, IL is listed for $439,900. Built in 1922, on a N/A lot.
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!**Building full address is 8239-41**
Key Features
- Built in 1922
- 4 parking spaces
Property Details
Monthly Cost Estimate
$2,353/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8239 S Colfax Avenue
Chicago, IL 60617
Property Details
Construction
Parking
Heating
Questions & Answers
This 12-bedroom, 5-bathroom residential multi family at 8239 S Colfax Avenue is listed at $439,900. The estimated monthly payment is $1,906 based on 20% down at 6.5% interest.
Key features include: Built in 1922, 4 parking spaces.
This property is listed by Jose Martinez and can be reached at (773) 767-1616 or jrm@joseramonmtz.com.
