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$429,900
12
beds
5
baths

8239 S Colfax Avenue
Chicago, Illinois 60617

New / MLS #12531965 / Multiple Unit (2-4) / South Chicago
Listing information updated 12/18/2025 at 8:43pm
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!
Exterior Type:
Brick
Basement:
Finished,Full
Beds Above Grade:
12
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
100+ Years
Parking Type:
Yes,Owned
Parking Spaces:
4
Room Count:
20
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$4,038
Tax Year:
2024
Zip Code:
60617
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: RE/MAX Mi Casa

Listing Office Phone: 773.767.1616

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/18/2025 at 8:43pm. 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. Some listings have been excluded from this website.

Metra

Metra
Metra Electric South Chicago Branch line at 83rd St Metra
$210,556
Average Sale Price
87
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 8239 S Colfax Avenue, Chicago, IL 60617
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8239 S Colfax Avenue, Chicago, IL 60617 is a multiple unit (2-4) currently listed at $429,900. 8239 S Colfax Avenue features 12 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since December 18th, 2025 and was built in 1922. The nearest transit stops include 83rd St Metra Metra Metra Electric South Chicago Branch line.

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