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Chicago, IL 60617

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For Sale
Sale Pending

$425,000

8 beds

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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!?
MLS# 12384705

Courtesy Of Keller Williams Chicago ONEChicago

(312) 216-2422

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Roof Type
    Asphalt

Area Map

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Home seller CENTURY 21 IMPACT

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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