Residential Income for Sale: 7827-29 S Colfax, Chicago, IL 60649

8 beds
$499,000
$499,000
7827-29 S Colfax, Chicago, IL 60649
8 beds
$499,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$499,000

Type Residential Income
Beds 8
Year Built 1908

City Chicago
County Cook
School District 299

MLS 12202898
Status Active
This four-unit building situated in the South Shore neighborhood represents an exceptional investment opportunity. The property comprises four two-bedroom apartments, each featuring an enclosed back porch for additional storage, spacious kitchens, and adequately sized bedrooms. Tenants are responsible for their utility expenses. The building also includes two finished basements, which can serve as additional living space or generate extra rental income, equipped with separate heating systems. The location offers convenient access to excellent transportation options and is just minutes from Lake Michigan. The area is experiencing significant development, underscoring its rich history and potential for growth. This property is well-suited for investment purposes or as a residence for an owner-occupant, requiring minimal effort to start generating rental income.

Room Features

Basement Description Finished

Lot & Building Features

Heating Natural Gas
Parking Description None
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan
Lot Dimensions LESS THAN .25 ft

Community and Schools

Elementary School 299

Price History of 7827-29 Colfax, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $499,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Pam Decker
Direct: 708-363-1925
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Compass, Stephon Walker-Purnell
$
20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

7827-29 Colfax (MLS #12202898) is a residential income listing located in Chicago, IL. This property was listed on 12/23/2024 and has been priced for sale at $499,000.

Nearby zip codes are 60617, 60619 and 60638.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Compass