LKV Realty
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$399,900
$1,900Reward *
8239 S Colfax Avenue, Chicago, IL 60617Listing ID 12669970

8239 S Colfax Avenue, Chicago, IL 60617

Active
CHI - South Chicago
Last updated: Jul 22, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
12
Bathrooms
Bathrooms
5
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1922
Parking
Parking
Yes, Owned

Fantastic investment opportunity in the heart of South Chicago! This solid brick 4-unit building offers 12 total bedrooms and 5 bathrooms, providing excellent potential for strong rental income. Each spacious unit includes a stove and refrigerator, and all utilities are separately metered for gas and electric, offering added convenience for management. A full finished basement provides additional space and versatility. All tenants are currently month-to-month, making this a great option for investors or owner-occupants interested in house hacking. The property also features 4 exterior parking spaces in the rear and sits on an extra-wide 125x46 ft. lot. Located close to parks, schools, public transit, and everyday amenities, this building offers a smart opportunity to grow long-term value. With low taxes and strong rental potential, this is a must-see property. Don't miss your chance to build equity and secure steady cash flow!**One of the LLC members is an Illinois licensed Realtor (Not Listing Brokers)**

Property Information

Property Details

Location

Address
8239 S Colfax Avenue
County
Cook
City
Chicago
Zip Code
60617
Subdivision
CHI - South Chicago
School District
299
MLS Area
CHI - South Chicago

Interior Features

Beds and Baths

Bedrooms
12

Building

Building Information

Year Built
1922
Construction
Brick

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$4,038
Tax Year
2024
RE/MAX Mi Casa, (773) 767-1616

Market Report for 60617

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 15 Aug 2026, 02:43 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD862764 • MRD130892