8647 S Colfax Avenue, Chicago, IL 60617 - Photo 1

1/1

$2,000

Sold
Closed
Lots/Land
Updated 1 day ago

1/1

Property Description

Development Opportunity in South Chicago! This 25x125 lot is located in the South Chicago neighborhood and is zoned RS-3, offering the potential to build either a single-family home or a two-flat property. With easy access to the I-90, this location is ideal for those seeking a strategic investment in a rapidly developing area. A mix of modern and newly renovated homes, with continued growth in the area. The South Chicago neighborhood is seeing increasing development and revitalization, making this an excellent opportunity to invest in an area with great potential for future appreciation. This property is sold subject to Bankruptcy Court Approval. Buyer to do their due diligence.

Full Property Details

Full Property Details for 8647 S Colfax Ave

General

Sold For: $2,000
Taxes: $659 (2023)
Status: Closed
Type: Lots/Land
Source: MRED
MLS ID: 12345100
Added to Site: 485 day(s) ago

Location

Area: CHI - South Chicago
County: Cook
Driving Directions: 87th Street to Colfax - North to Property

School Information

School District: 299
Midd School District: 299

Utilities

Onsite: Electricity Nearby, Natural Gas Nearby, Water Nearby

Lot Features

Lot Size (Sq. Ft.): 3,125
Lot Size Range: .25 to .49 Acre
Lot Dimensions: 25 x 125
Frontage: City Street
Frontage Feet: 25
Street/Road Desc.: Asphalt

Financial Considerations

Tax Amount: $659
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: Court Approval Required, Bankruptcy Property
Property ID: 21313280170000

Listed by Avenue 1 Realty Group
Sold by Berkshire Hathaway HomeServices Chicago

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— 8647 S Colfax Ave —

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Schools

Schools serving 8647 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	0.3 mi
Bowen High School 2710 East 89th Street, Chicago, IL 60617	9-11	0.3 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 8647 S Colfax Ave

Date

Details

Price

Change

Source

8/18/2026

Sold

$2,000

-79.8%

MLS

4/22/2025

Listed

$9,900

—

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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Updated 4 days ago

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Total Beds

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Just Listed

$750,000

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Commercial
Active
Updated 2 days ago

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Just Listed

$30,000

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Lots/Land
Active
Updated 7 hours ago

0.07
Acres

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$750,000

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Multi-Family
Active
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8
Total Beds

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Price Reduced

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$699,000

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Active
Updated 3 hours ago

6
Total Beds

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Price Reduced

-$50,000 (-5.27%)

$899,000

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Updated 3 hours ago

8
Total Beds

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Commercial
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Updated 1 day ago

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Sq. Ft.

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$599,999

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Acres

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Sold

$2,000

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Lots/Land
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Sold

$2,000

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Lots/Land
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Updated 1 day ago

0.07
Acres

8647 S Colfax Avenue, Chicago, IL 60617 (MLS# 12345100) is a Lots/Land property that was sold at $2,000 on August 18, 2026. Want to learn more about 8647 S Colfax Avenue? Do you have questions about finding other Lots/Land 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.

8647 S Colfax Ave Chicago, IL 60617