8453 S Colfax Ave

Chicago IL 60617

0.1 ac.

Multi-Family

Last sold for $274,000

Latrease Davenport, last sold this property on 08 January 2026 after 222 days on market.

Overview

Located on a peaceful, tree-lined street, this well-maintained and updated 2-flat brick building is a turnkey investment opportunity. 1 unit is occupied(2nd fl) at $1450/mo, perfect for owner-occupant. The spacious third floor offers easy potential to convert into duplex. Features include a nice side drive, and a quiet block perfect for long-term value. Ideal for both new and seasoned investors looking for steady cash flow and future upside!

Features

7 bedrooms

3 bathrooms

0.1 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 8453 S Colfax Ave is $274.45k.

Median value

$274.45k

Estimated value range

$75k - $439k

Median days on market

Estimated value trend

28%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8453 S Colfax Ave

2026

Sold

$274,000

08 Jan 2026 by Latrease Davenport, of PIP Realty Group

2017

Sold

$180,000

13 Feb 2017 by Sundeep Lamba, of Publix Realty, Inc.

2016

Sold

$34,101

25 Jan 2016 by Christian Chase, of Chase Real Estate LLC

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.