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$635,000
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Property Description
Pleased to present 11-unit multifamily building located in the south side Chicago neighborhood of South Shore. The property includes a unit mix of (3) two bedroom and (8) one bedroom units. There is a laundry room and 11 exterior parking spaces on-site. The building is currently vacant and primed for an investor looking to add value. Each unit is in various stages of disarray and will need to be renovated. The mechanicals are older but in working condition. There are current porch violations.
Full Property Details
Full Property Details for 7727 S Colfax Ave
General
- Price: $635,000
- Taxes: $10,999 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12450507
- Updated: 12/24/2025
- Added to Site: 152 day(s) ago
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: EAST SIDE OF COLFAX BETWEEN 77TH AND 78TH ST
Heating & Cooling
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 3
- Year Built: 1965
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 50' x 167'
Financial Considerations
- Operating Expenses: $10,999
- Assessment Year: 1965
- Tax Amount: $10,999
- Tax Year: 2023
Disclosures and Reports
- Property ID: 21303220080000
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Schools
Schools serving 7727 S Colfax Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bradwell Community Arts & Sci Elementary School 7736 South Burnham Avenue, Chicago, IL 60649 | K-8 | 0.2 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.3 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 7727 S Colfax Ave
Date
Details
Price
Change
Source
8/19/2025
Listed
$635,000
-11.19%
MLS
4/07/2021
Sold
$715,000
—
Public Record
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
Tax History for 7727 S Colfax Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,559
3%
$21,530
—
2022
$4,428
2%
$21,530
—
2021
$4,329
-22%
$21,530
-14%
2020
$5,554
11%
$24,930
—
2019
$5,009
2%
$24,930
—
2018
$4,925
-6%
$24,930
2%
2017
$5,237
7%
$24,328
—
2016
$4,873
9%
$24,328
—
2015
$4,458
-10%
$24,328
-9%
2014
$4,959
2%
$26,728
—
2013
$4,861
1%
$26,728
—
2012
$4,796
—
$26,728
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7727 S Colfax Ave
7727 S Colfax Avenue, Chicago, IL 60649 (MLS# 12450507) is a Commercial property. 7727 S Colfax Avenue is currently listed for $635,000 and was received on August 19, 2025. Want to learn more about 7727 S Colfax Avenue? Do you have questions about finding other Commercial 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.

