8239 S Colfax Avenue
Chicago, IL 60617
12
Bed
5
Bath
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.
Property Details
Map
Map
Features
-
Bedroom Information
Total Bedroom: 12Bathroom Information
Total Baths: 5Room Information
Rooms Total: 20 -
Flooring Information
Construction Materials: Brick -
Heating & Cooling
Heating: Natural Gas, Forced Air WaterSource: Public
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Building Information
Year Built: 1922
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Lot Information
Lot Dimensions: 5750 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$399900
-
Tax Information
Annual Tax: $4038.45 Tax Year: 2024 Parcel Number: 21311270470000 Tax Exemption: None
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Parking Information
Total Parking: 4 Yes, Owned Is Parking Included in Price: Yes
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Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
City: Chicago Direction: 83rd Street to Colfax, North to property
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8035 S Oglesby Avenue, Chicago, IL, 60617 | $219,900 | 4 | 2 | 1,296 | 1,296 SqFt |
| 8136 S Luella Avenue, Chicago, IL, 60617 | $315,000 | 5 | 2 | 3,062 | 3,062 SqFt |
| 10118 S Luella Avenue, Chicago, IL, 60617 | $275,000 | 3 | 2 | 1,219 | 1,219 SqFt |
| 8051 S Escanaba Avenue, Chicago, IL, 60617 | $284,900 | 5 | 2 | 1,040 | 1,040 SqFt |
| 9018 S Brandon Avenue, Chicago, IL, 60617 | $225,000 | 3 | 2 | 1,251 | 1,251 SqFt |
| 8641 S Kingston Avenue, Chicago, IL, 60617 | $339,900 | 5 | 3 | -- | |
| 9846 S Calhoun Avenue, Chicago, IL, 60617 | $89,000 | 2 | 1 | 973 | 973 SqFt |
| 9611 S Oglesby Avenue, Chicago, IL, 60617 | $99,900 | 3 | 1 | 1,300 | 1,300 SqFt |
| 8435 S Cregier Avenue, Chicago, IL, 60617 | $249,900 | 3 | 2 | 1,110 | 1,110 SqFt |
| 9141 S Colfax Avenue, Chicago, IL, 60617 | $209,900 | 5 | 2 | 864 | 864 SqFt |
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ByOwner last updated this listing 06/11/2026 @ 06:20
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