$379,000
8143 S Colfax Avenue
Chicago, IL, 60617
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!?
Property Details
Price:
$379,000
MLS #:
MRD12478508
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Sep 23, 2025
Year Built:
1947
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Parking Features
Off Alley, Alley Access, On Site, Owned
Parking Spots
4
Roof
Asphalt
Financial
Tax Year
2023
Taxes
$2,954
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Multi Family in Chicago as of Oct 27, 2025
1,554
Multi Family Listed
81
Avg DOM
$495,144
Avg List Price
Community
- Address8143 S Colfax Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
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Property Summary
- 8143 S Colfax Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $379,000 To schedule a showing of MLS#mrd12478508 at 8143 S Colfax Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
8143 S Colfax Avenue
Chicago, IL
