Recently Viewed Properties
7823 South Colfax Avenue, Chicago, IL 60649

$299,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
7823 South Colfax Avenue, Chicago, IL 60649View this property at 7823 South Colfax Avenue, Chicago, IL 60649
7823 South Colfax AvenueChicagoIL60649

Property Description

Rare solid 4 unit brick - FULLY RENTED + CASH flowing - in HOT South Shore neighborhood on a large lot!! Separate utilities. 4-2BED/1BATH units ($2900) + 2 BONUS units ($800) = $3700 monthly income!! Beautifully maintained with long-term tenants. Newer synthetic roof, updated HVAC, & plumbing. Units not recently updated but in good condition. Close to Lake Michigan, transportation, & Jackson Park!! Let your tenants pay the mortgage where you live OR sit back & collect your return on investment from this cash cow!!

Full Property Detailsfor 7823 South Colfax Avenue

General

  • Price: $299,000
  • Taxes: $4,252 (2017)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 09954885
  • Updated: 5/24/2018
  • Added: 35 day(s) ago

Interior

  • Number of Rooms: 21

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 9
  • Bedrooms(Abv Grade): 9

Additional Information

  • Other Features: None

Parking

  • Parking Type: None

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: HYDE PARK
  • Driving Directions: 79TH STREET EAST TO COLFAX.

School Information

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

Heating & Cooling

  • Heating Type: Gas, Forced Air, Individual Controls

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Architectural Style: 4 Flat
  • Exterior Const.: Brick
  • Basement Desc.: Finished, Full
  • Year Built: 1905
  • Built Before 1978: Yes
  • Remodeled/Addition: Yes
  • Remodeled/Updated: 2018

Unit Information

  • Units in Building: 4

Unit 1

  • Level: 1
  • Bedrooms: 2
  • Tenant Pays: Electricity, Gas

Unit 2

  • Level: 1
  • Bedrooms: 3
  • Tenant Pays: Electricity, Gas

Unit 3

  • Level: 2
  • Bedrooms: 2
  • Tenant Pays: Electricity, Gas

Unit 4

  • Level: 2
  • Bedrooms: 2
  • Tenant Pays: Electricity, Gas

Lot Features

  • Lot Dimensions: 50 x 125+
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $4,252
  • Tax Year: 2017
  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • APN: 21303290290000

Listed by 5th Group Realty & Management

Quickly Find Out More

We Value Your Privacy

Schools

Schoolsserving 7823 South Colfax Avenue

School District:Chicago Public Schools
School Name
Grades
Distance
Bradwell School Of Excellence
7736 S Burnham Ave, Chicago, IL 60649
PK-8
0.2 mi
Chicago Vocational Career Academy High School
2100 East 87th St, Chicago, IL 60617
9-12
1.2 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 7823 South Colfax Avenue Get Price Alerts

Date
Details
Price
Change
Source
5/17/2018
Listed
$299,000
5.47%
MLS
12/27/2006
Sold
$283,500
Public Record
Disclaimer: Historical sales and 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 7823 South Colfax Avenue

$
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Community Info

Community Infofor 7823 South Colfax Avenue

Listed by 5th Group Realty & Management

7823 South Colfax Avenue, Chicago, IL 60649 (MLS# 09954885) is a Multi-Family property with 4 units containing 9 bedrooms and 6 full bathrooms. 7823 South Colfax Avenue is currently listed for $299,000 and was received on May 17, 2018. Want to learn more about 7823 South Colfax Avenue? Do you have questions about finding other Multi-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.