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$385,000
Favorite
9
beds
4
baths

7823 S Colfax Avenue

Chicago, Illinois 60649
Closed / MLS #11165792 / Multiple Unit (2-4) / South Shore
Listing information updated 11/5/2021 at 5:03pm
This is a legal 4 unit building located and an EXCELLENT INVESTMENT on a great block in the South Shore Community. Three apartments are two bedrooms, and there is one three-bedroom apartment. Some newer windows have been installed. Each apartment has an enclosed back porch for extra storage: nice large kitchens and good size bedrooms. Tenants are responsible for all utilities. Two finished basements could be used for related living space or additional rental income, each with separate heating. Accessible to great transportation and minutes from Lake Michigan. LOTS OF NEW DEVELOPMENT HAPPENING IN THIS LONG-STANDING COMMUNITY WITH ITS ROBUST HISTORY. This is a great investment property or an excellent building for an owner to live in. Nothing to do but collect the rent!! Don't wait or hesitate because this one truly is a moneymaker!!

Full Features

Exterior Type:
Brick
Basement:
Finished
Beds Above Grade:
9
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Roof Type:
Flat
Parking Type:
None
Room Count:
26
Water Front:
No
Square Feet:
N/A
Lot Size:
.50-.99 Acre
Acreage:
0.19

Taxes & Assessments

Tax Amount:
$5,668
Tax Year:
2019

Location

Zip Code:
60649
City:
Chicago
County:
Cook

Schools

School District(s):
299
Elementary School:
Bradwell Comm Arts & Sci Element
Middle School:
South Shore Community Academy Se
High School:
South Shore Community Academy Se

Listing Office: Red Pro Realty LLC

Listing Office Phone: 312.451.7490

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 11/5/2021 at 5:03pm. 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.

South Shore

South Shore, IL

Once a vacation destination for Chicago’s elite, the South Shore has become an increasingly popular place to call home. Located on Chicago’s scenic lakefront, the neighborhood’s beautiful beaches, plentiful green space and easy access to downtown via Lake Shore Drive are attracting a new gener...

Metra

Metra
Metra Electric South Chicago Branch line at Windsor Park Metra
$180,725
Average Sale Price
93
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 7823 S Colfax Avenue, Chicago, IL 60649

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7823 S Colfax Avenue is a multiple unit (2-4) which sold for $385,000. 7823 S Colfax Avenue features 9 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties since July 22nd, 2021 and was built in 1910. Nearby schools include Bradwell Comm Arts & Sci Element and South Shore Community Academy Se. The nearest transit stops include Windsor Park Metra Metra Metra Electric South Chicago Branch line.

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