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$180,000

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 3 Full Baths
  • 2,711 Sq. Ft.
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Exceptional investment opportunity on a desirable corner lot. This fenced, two-story single-family home sits on a deep lot and offers over 2,400 square feet of living space, originally configured with six bedrooms and two full bathrooms. The property also includes a full basement, providing additional room for expansion or customization. The home requires a complete renovation, making it an ideal project for experienced rehab investors seeking strong returns. Showings require a signed hold harmless agreement, and visitors should bring a flashlight due to current conditions. A minimum of twelve hours' notice is preferred for all appointments, which may be scheduled between 12:00 p.m. and 5:00 p.m. Cash offers only. This property presents a rare chance to reimagine a spacious home on a valuable corner lot and create significant upside potential.

Full Property Details for 7450 S Colfax Ave

General

  • Price: $180,000
  • Taxes: $2,964 (2023)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12499075
  • Updated: 12/16/2025
  • Added to Site: 87 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Baths: Yes

Bedrooms

  • Total Bedrooms: 6

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: 75th East or West to Colfax - North to House

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Exterior Entry, Full
  • Square Feet: 2,711
  • Sq. Ft. Source: Assessor
  • Year Built: 1918
  • Built Before 1978: Yes

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 4470

Financial Considerations

  • Assessment Year: 1918
  • Tax Amount: $2,964
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Short Sale
  • Property ID: 21301180170000

Listed by Keller Williams Infinity

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Listing agent

— 7450 S Colfax Ave —

  • Keller Williams Infinity

(630) 303-7731

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7450 S Colfax Ave

School District:Chicago Public School District 299
NameGradesDistance
Powell Elementary Paideia Community Academy
7511 South South Shore Drive, Chicago, IL 60649
K-80.3 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-111.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7450 S Colfax Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/10/2025
Price Reduced
$180,000
-7.69%
MLS
11/20/2025
Price Reduced
$195,000
-11.32%
MLS
10/30/2025
Price Reduced
$219,900
-8.34%
MLS
10/21/2025
Listed
$239,900
661.59%
MLS
6/02/2009
Sold
$31,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7450 S Colfax Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,964
3%
$13,999
—
2022
$2,879
2%
$13,999
—
2021
$2,815
-12%
$13,999
-2%
2020
$3,184
-2%
$14,294
-12%
2019
$3,264
2%
$16,244
—
2018
$3,209
-10%
$16,244
-2%
2017
$3,550
7%
$16,536
—
2016
$3,312
9%
$16,536
—
2015
$3,030
13%
$16,536
15%
2014
$2,672
2%
$14,403
—
2013
$2,620
1%
$14,403
—
2012
$2,585
—
$14,403
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7450 S Colfax Avenue, Chicago, IL 60649 (MLS# 12499075) is a Single Family property with 6 bedrooms and 3 full bathrooms. 7450 S Colfax Avenue is currently listed for $180,000 and was received on October 21, 2025. Want to learn more about 7450 S Colfax Avenue? Do you have questions about finding other Single Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

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