7436 S Colfax Ave., Chicago, IL 60649

7436 S Colfax Ave., Chicago, IL 60649
Photo 1 of 35
$415,188
Sold on 5/16/24
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $2,998.81 1924
On the market: 55 days
View full details, 15 photos, school info, and price history
Seize a prime investment opportunity in Chicago's historic South Shore neighborhood with this large, beautiful 3-flat building, minutes from the lakefront and the anticipated Obama Presidential Center. Ideal for investors or first-time home buyers looking to occupy one unit and rent the others, this property combines functionality with potential. The building features huge units equipped with stainless steel appliances, with the top two boasting granite countertops and tile backsplashes, blending practicality with style. High quality, low maintenance and modern touches make it an excellent investment. Separate utilities for heating and electricity ensure ease of management and individual cost control. The potential to duplex the first floor with basement offers additional versatility for enhancing living space or capture additional rental income. With attractive financing options, including new loan programs with as little as 5% down and grants for first-time homebuyers, ownership is within reach. Priced to sell, this property is a smart choice for those looking to invest in a neighborhood known for its community spirit and historical value. Don't miss your chance to own in South Shore!!
Listing courtesy of Amir Abed, Kale Realty