8143 S Colfax Ave

Chicago IL 60617

Multi-Family

Currently for sale - view listing

Overview

Price Improvement! As-is - 8143 S Colfax Ave, Chicago, IL 60617 4 Units | 2 Beds / 1 Bath Each | Full Basement | Brick Construction... Calling all investors, house hackers, and FHA 203k buyers... this all-brick 4-unit building in South Shore is your chance to create cash flow with a long-term upside. Each of the four units feature 2 bedrooms and 1 full bathroom, offering flexible rental options in a high-demand area. Whether you're looking to generate immediate rental income, renovate and hold, or occupy one unit while tenants help cover your mortgage, this property delivers value and opportunity from every angle. Perfect for FHA 203k or renovation loan buyers looking to build equity through smart improvements. With some updates, this property could easily yield strong cap rates in a neighborhood surrounded by revitalization efforts. Are you the Savvy investor this property has been searching for!?

Features

8 bedrooms

4 bathrooms

4 carspaces

Multi-Family

Property history for 8143 S Colfax Ave

2023

Sold

$310,000

04 Oct 2023 by Lourdes Linan, of DMG Realty Group

2019

Sold

$165,000

16 May 2019 by Cheryl Gordon, of Elite Executives Real Estate

2018

Sold

$75,000

18 Jan 2018 by Troy Zander, of 24/7 REAL ESTATE, INC.

Happy sellers in Chicago

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