Active
7827-29 S Colfax Avenue
Chicago IL, 60649
$499,000
Active
8 Beds
5 Baths
Multi-family
Built in 1908
Courtesy of Compass
This four-unit building situated in the South Shore neighborhood represents an exceptional investment opportunity. The property comprises four two-bedroom apartments, each featuring an enclosed back porch for additional storage, spacious kitchens, and adequately sized bedrooms. Tenants are responsible for their utility expenses. The building also includes two finished basements, which can serve as additional living space or generate extra rental income, equipped with separate heating systems. The location offers convenient access to excellent transportation options and is just minutes from Lake Michigan. The area is experiencing significant development, underscoring its rich history and potential for growth. This property is well-suited for investment purposes or as a residence for an owner-occupant, requiring minimal effort to start generating rental income.
12202898
MLSⓇ ID
December 23, 2024
Listed
January 3, 2025
Updated
Map
7827-29 S Colfax Avenue
Chicago IL, 60649
Interior Features
Bedrooms
8
Total Bathrooms
5
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Sewer
Public Sewer
School Information
School District
299
Other Property Details
Area Name
CHI - South Shore
Taxes
$3,599
Tax Frequency
Annually
Days on Market
12
Garage
No
Parking Total
0
View
No
County
Cook
Municipality
Hyde Park
Water Source
Lake Michigan
Pool
No
Courtesy of Compass, Stephon Walker-Purnell,
Listing Contact: 312-989-4660
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Taylor Dixon Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 1/3/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 1:57 PM UTC, 1/3/2025
