Closed

$339,000

8324 Colfax Avenue, Chicago, IL 60617
6 Beds3 Baths18 days
8324 Colfax Avenue·Chicago, IL 60617
6Bedrooms
3Bathrooms
1912Year Built
About This Home

Rare opportunity to own an incredible legal THREE UNIT plus basement investment property in a highly appreciating neighborhood! Beautifully rehabbed three unit property available at an incredible price! This multi-unit building was completely rehabbed with quality and tasteful finishes. This large building offers three separate units of living; each level has two beds, one bath and an eat in kitchen. Long list of updates includes; new window, new roof, new electric, new appliances, and much more. Ideal set up with all separate utilities: three hot water tanks, three furnaces, separate utility bills for gas and electricity. Low taxes and separate utilities on a legal three unit makes this the perfect opportunity for an investor who wants positive cashflow OR an owner occupant who wants a self funding building! Very rare in this market! Property is completely remodeled and move in ready! No work necessary! Your renters will love it! Conveniently located near local restaurants, parks and the expressway. Come check it out. Self sufficient-pays for itself! This one won't last! Sold As Is.

MLS# 12128475Listed August 2, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms12

Size & Structure

Year Built1912
Lot Size0.070 acres

Location

CountyCook
TownshipHyde Park
Zip Code60617

Financial

List Price$339,000
Annual Taxes (2023)$1,899
Monthly Tax Est.$158
Parcel #21313030330000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Vinyl Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On Site
Tax & Financial
Annual Taxes
$1,899
Tax Year 2023
Monthly Tax Est.
$158
per month
Property Location

8324 Colfax Avenue, Chicago, IL 60617Cook County

$339,000
8324 Colfax Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
18 days on market
0.070 acres
$1,899/yr taxes
$1,940
estimated monthly payment
Principal & Interest
$1,782/mo
Property Tax
$158/mo
$339,000
20% — $67,800
3%50%
6.875%
3%12%
Loan Amount
$271,200
Down Payment
$67,800

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

Listed by
Duarte Realty Company
Agent: Josue Duarte
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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