8143 S Colfax Avenue
Chicago, IL, 60617
$369,000
8 Beds
4 Baths
0 SqFt
0 Acres
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MLS #MRD12560052 image #0
Price Improvement! As-is – 8143 S Colfax Ave, Chicago, IL 60617 4 Units | 2 Beds / 1 Bath Each | Full Basement | Brick Construction… Calling all investors, house hackers, and FHA 203k buyers… this all-brick 4-unit building in South Shore is your chance to create cash flow with a long-term upside. Each of the four units feature 2 bedrooms and 1 full bathroom, offering flexible rental options in a high-demand area. Whether you’re looking to generate immediate rental income, renovate and hold, or occupy one unit while tenants help cover your mortgage, this property delivers value and opportunity from every angle. Perfect for FHA 203k or renovation loan buyers looking to build equity through smart improvements. With some updates, this property could easily yield strong cap rates in a neighborhood surrounded by revitalization efforts. Are you the Savvy investor this property has been searching for!?

Property Details

Price:
$369,000
MLS #:
MRD12560052
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Feb 3, 2026
Year Built:
1947
Foreclosed Bank OwnedChi – South ChicagoChisouthchicago

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Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Community Features
Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Green Energy Efficient
Water Heater
Parking Features
Off Alley, Alley Access, Yes, Owned
Parking Spots
4
Parking Total
4
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$2,954

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of May 17, 2026
1,365
Multi Family Listed
80
Avg DOM
$516,263
Avg List Price

Property Summary

    8143 S Colfax Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $369,000

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