For Sale

Listed by Jose Martinez and Joe Castillo from RE/MAX MI CASA

Source: Midwest Real Estate Data, LLC #12626593

8239 S Colfax Ave, Chicago, IL, 60617

$439,900

12
5
4

MultiFam

•

30+ days on the market

What's around 8239 S Colfax Ave

About this property

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!**Building full address is 8239-41**

Looking for more information on 8239 S Colfax Ave?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar property for sale nearby

For Sale
$505,000
9017 S Exchange Ave
Chicago IL 60617
12
6
2
Multi-Family
Listing courtesy of Kale Realty

Other properties for sale by RE/MAX MI CASA

For Sale
$649,900
4440 West 55th Street
Chicago IL 60632
8
6
2
Multi-Family
Listing courtesy of RE/MAX MI CASA
For Sale
$7,900
5527 South Union Avenue
Chicago IL 60621
Land
Listing courtesy of RE/MAX MI CASA
For Sale
$7,900
5523 South Union Avenue
Chicago IL 60621
Land
Listing courtesy of RE/MAX MI CASA

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 11 Apr 2022. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent