8453 S Colfax Avenue, Chicago, IL 60617 - Photo 1

1/1

$274,000

Sold
Closed
Multi-Family
7 Total Beds
Updated 8 days ago

1/1

Property Description

Located on a peaceful, tree-lined street, this well-maintained and updated 2-flat brick building is a turnkey investment opportunity. 1 unit is occupied(2nd fl) at $1450/mo, perfect for owner-occupant. The spacious third floor offers easy potential to convert into duplex. Features include a nice side drive, and a quiet block perfect for long-term value. Ideal for both new and seasoned investors looking for steady cash flow and future upside!

Full Property Details

Full Property Details for 8453 S Colfax Ave

General

Sold For: $274,000
Taxes: $2,320 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12377150
Added to Site: 232 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 7

Location

Area: CHI - South Chicago
County: Cook
Driving Directions: South down Colfax to the property

School Information

School District: 299
Midd School District: 299

Heating & Cooling

Heating Type: None

Utilities

Water: Lake Michigan

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished, Partial
Year Built: 1921
Built Before 1978: Yes
Remodeled/Updated: 2015

Unit Information

Units in Building: 2

Lot Features

Lot Size (Acres): 0.1
Lot Size Range: Less than .25 Acre
Lot Dimensions: 4635
Zoning: MULTI

Financial Considerations

Assessment Year: 1921
Tax Amount: $2,320.87
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 21313120190000

Listed by PIP Realty Group
Sold by Jam Realty Co

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— 8453 S Colfax Ave —

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Schools

Schools serving 8453 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

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 8453 S Colfax Ave

Date

Details

Price

Change

Source

1/08/2026

Sold

$274,000

-3.83%

MLS

10/04/2025

Price Reduced

$284,900

-1.72%

MLS

5/30/2025

Listed

$289,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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$310,000

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Single Family
Closed

5
Beds
3
Total Baths
2,690
Sq. Ft.

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$290,000

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Multi-Family
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Beds
3
Total Baths
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Sq. Ft.

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8453 S Colfax Avenue, Chicago, IL 60617 (MLS# 12377150) is a Multi-Family property that was sold at $274,000 on January 08, 2026. Want to learn more about 8453 S Colfax Avenue? Do you have questions about finding other Multi-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.

8453 S Colfax Ave Chicago, IL 60617