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About the Listing 87738 - 879189,1015338
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!?
Listing Highlights
Status
Active
Days on Site
103
Property Type
Multi-Family
MLS ®
12384705
Year Built
1947
Total Square Footage
0
Lot/Acreage
124X49X59X20X51X36
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: CO Detectors,Ceiling Fan(s),Water Heater-Gas
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Exterior Entry,Full,Walk-Out Access
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 124X49X59X20X51X36
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Off Alley,Alley Access,On Site,Owned
Financial Details
- Tax Amount: $2,954
- Taxes w/Assessments: N/A
- Tax/Property ID: 21311200310000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Questions About..
Listing 12384705 Chicago, IL 60617
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