8239 S Colfax Ave., Chicago, IL 60617

8239 S Colfax Ave., Chicago, IL 60617
Photo 1 of 19
$429,900
Beds Baths Sq. Ft. Taxes Built
12 0.00 0 $4,038.45 1922
On the market: 1 day

Est. Monthly Payment:

$2,911($2,574 + $337 taxes*)

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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!
Listing courtesy of Jose Martinez, RE/MAX Mi Casa