8143 S Colfax Avenue, Chicago, IL 60617

• 8 beds |
• 4 baths

Property Description

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!?

Listing Status:

Active

Listing Office:

Keller Williams ONEChicago : 312-975-6517

Listing Agent:

Stephani Jeffery : 312-975-6517

MLS ID:

12478508

Interior

• Basement: Partially FinishedExterior EntryFullWalk-Out Access
• Heating: Natural Gas
• Eco/Green Feature: Water Heater

Exterior

• Parking: Off AlleyAlley AccessOn SiteOwnedParking spaces: 4

Construction

• Roofing: Asphalt
• General: BlockConcrete Perimeter

Location

• HOA Amenities: ParkTennis Court(s)LakeCurbsSidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 21311200310000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Stephani Jeffery, Keller Williams ONEChicago