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$263,500 Just Listed
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Property Description
Step into this beautifully updated, oversized bungalow in the heart of the South Chicago Community! Boasting four spacious bedrooms and three full bathrooms, this home offers a thoughtful layout designed for comfort and convenience. The first floor features a welcoming living and dining room, an eat-in kitchen, two full baths, and a serene master suite, complete with a mudroom for added functionality. Upstairs, you'll find two generously sized bedrooms, a cozy loft space, and an additional full bath. Hardwood floors add warmth and charm to the main level, while plush carpeting makes the upper-level feel like a retreat. The kitchen shines with stainless steel appliances and stylish light fixtures. A massive unfinished basement awaits your vision, offering endless possibilities. Modern upgrades include a new hot water tank, forced-air furnace, and central air (all new in 2024). Move-in ready and perfectly located near shopping, highways, and the Metra-this home is ready to welcome you. Don't let this gem slip away!
Full Property Details
Full Property Details for 8423 S Colfax Ave
General
- Price: $263,500
- Taxes: $1,587 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12570170
- Updated: 4/4/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Off Site, Garage
Location
- Area: CHI - South Chicago
- County: Cook
- Township: Hyde Park
- Driving Directions: Going East to the 87th street cross South Chicago Ave and after 500 feet turn left on Colfax Ave, drive .4 miles and the address is on your right.
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: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Square Feet: 1,156
- Sq. Ft. Source: Assessor
- Year Built: 1915
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4062
Financial Considerations
- Assessment Year: 1915
- Tax Amount: $1,587.36
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 21313120080000
Listed by JMRI Corp
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Schools
Schools serving 8423 S Colfax Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Coles Elementary Language Academy 8441 South Yates Boulevard, Chicago, IL 60617 | K-8 | 0.2 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8423 S Colfax Ave
Date
Details
Price
Change
Source
4/03/2026
Listed
$263,500
485.56%
MLS
11/07/2018
Sold
$45,000
—
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 8423 S Colfax Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,266
3%
$6,000
—
2022
$1,234
2%
$6,000
—
2021
$1,207
-45%
$6,000
-39%
2020
$2,205
—
$9,897
-10%
2019
$2,209
2%
$10,997
—
2018
$2,172
187%
$10,997
-1%
2017
$756
-45%
$11,141
—
2016
$1,374
90%
$11,141
—
2015
$724
1%
$11,141
35%
2014
$718
-30%
$8,274
—
2013
$1,027
-1%
$8,274
—
2012
$1,037
—
$8,274
—
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 8423 S Colfax Ave
8423 S Colfax Avenue, Chicago, IL 60617 (MLS# 12570170) is a Single Family property with 4 bedrooms and 3 full bathrooms. 8423 S Colfax Avenue is currently listed for $263,500 and was received on April 03, 2026. Want to learn more about 8423 S Colfax Avenue? Do you have questions about finding other Single Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

