$279,000
8349 S Colfax Avenue
Chicago, IL, 60617
This turnkey 2-flat in South Chicago offers the perfect blend of cash flow and value-add potential. Each unit features updated finishes including newer flooring, granite countertops, and modern cabinetry. First-floor unit offers 2BR/1BA, while the second unit includes 1BR + office-ideal for flexible living or maximizing rental income. Full unfinished basement and attic provide excellent expansion opportunities to increase equity. Detached 2-car garage and a peaceful backyard complete the property. Conveniently located near the 83rd St Metra, bus lines, parks, and local amenities. Ideal for investors or owner-occupants looking to house hack and build long-term wealth.
Property Details
Price:
$279,000
MLS #:
MRD12601916
Status:
Active
Beds:
3
Baths:
2
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Mar 30, 2026
Year Built:
1899
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Frame
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Financial
Tax Year
2024
Taxes
$3,335
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 Sep 26, 2026
1,390
Multi Family Listed
79
Avg DOM
$535,233
Avg List Price
Community
- Address8349 S Colfax Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60617
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Property Summary
- 8349 S Colfax Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $279,000 To schedule a showing of MLS#mrd12601916 at 8349 S Colfax Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
8349 S Colfax Avenue
Chicago, IL
