8143 South Colfax Avenue, Chicago, IL

$379,000

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8

Beds

4

Baths

About 8143 South Colfax Avenue

Price Improvement! As-is Pre-Foreclosure/Short Sale Opportunity - 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!?

Features of 8143 South Colfax Avenue

MLS® # 12478508
Price $379,000
Bedrooms 8
Bathrooms 4.00
Acres 0.00
Year Built 1947
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 8143 South Colfax Avenue
Area CHI - South Chicago
City Chicago
County Cook
State IL
Zip Code 60617

Amenities

Parking Spaces 4
Parking Off Alley, Alley Access, On Site, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Partially Finished, Exterior Entry, Full, Walk-Out Access

Exterior

Exterior Brick
Roof Asphalt
Foundation Block, Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 20
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams ONEChicago
Contact Info312-216-2422

Listing Map

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