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**
Listed By
Agency Name: RE/MAX Mi Casa
Agency Phone: 773-767-1616
Shown By
Agent Name: Vita Locarno
Agent Phone: (815) 637-0705
Agency Title: Gambino Realtors
Estimated Payment
$ 2,269.61 per month $1,816.47 Principal & Interest $336.50 Property Tax $116.64 Homeowner's Insurance
8239 S Colfax Avenue | MLS# 12669970
This multi-family property located at 8239 S Colfax Avenue , Chicago, IL 60617 is currently listed for sale with an asking price of $399,900. S Colfax Avenue is located within the District 299 school district. Search Chicago real estate on vlocarno.gogambino.com today.