Active

$399,900

8239 Colfax Avenue, Chicago, IL 60617
12 Beds5 Baths48 days
8239 Colfax Avenue·Chicago, IL 60617
12Bedrooms
5Bathrooms
1922Year Built
About This Home

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!**One of the LLC members is an Illinois licensed Realtor (Not Listing Brokers)**

MLS# 12669970Listed June 5, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms12
Total Bathrooms5
Total Rooms20

Size & Structure

Year Built1922
Lot Size5750

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$399,900
Annual Taxes (2024)$4,038
Monthly Tax Est.$337
Parcel #21311270470000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesOwned
Tax & Financial
Annual Taxes
$4,038
Tax Year 2024
Monthly Tax Est.
$337
per month
Property Location

8239 Colfax Avenue, Chicago, IL 60617 — Cook County

$399,900
8239 Colfax Avenue
12 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
48 days on market
5750
$4,038/yr taxes
$2,438
estimated monthly payment
Principal & Interest
$2,102/mo
Property Tax
$337/mo
$399,900
20% — $79,980
3%50%
6.875%
3%12%
Loan Amount
$319,920
Down Payment
$79,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX Mi Casa
Agent: Jose Martinez
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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