Unlock the potential of this prime investment opportunity located at 7524 S Colfax, a three-flat building offering two-bedroom apartments per unit. Situated within close proximity to the highly anticipated Obama Presidential Library and the lake, investing in this property presents an opportunity to capitalize on future appreciation potential. Contact us today to learn more and explore the possibilities of this promising investment opportunity. This is an AS IS Sale
Closed
$220,000
7524 S Colfax Ave, Chicago, IL 60649
6beds
--sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$--/sqft
$1,828 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,828/mo
Zestimate® history
Owner options
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$1,638/mo
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$1,638/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Daniela Pagani 312-402-4072,
Real Broker LLC
Bought with:
Frank Montro
Keller Williams Preferred Rlty
Source: MRED as distributed by MLS GRID,MLS#: 12012517
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 3
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 3
Lot
- Size: 3,720 sqft
Details
- Parcel number: 21303030100000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2026 | Listing removed | $229,000 |
Source:  MRED as distributed by MLS GRID #12504768 Report a problem | ||
| 12/8/2025 | Listed for sale | $229,000 |
Source: MRED as distributed by MLS GRID #12504768 Report a problem | ||
| 11/25/2025 | Contingent | $229,000 |
Source: MRED as distributed by MLS GRID #12504768 Report a problem | ||
| 10/28/2025 | Listed for sale | $229,000-8% |
Source: MRED as distributed by MLS GRID #12504768 Report a problem | ||
| 9/20/2025 | Listing removed | $249,000 |
Source: MRED as distributed by MLS GRID #12282979 Report a problem | ||
| 8/27/2025 | Listed for sale | $249,000 |
Source: MRED as distributed by MLS GRID #12282979 Report a problem | ||
| 8/21/2025 | Contingent | $249,000 |
Source: MRED as distributed by MLS GRID #12282979 Report a problem | ||
| 4/25/2025 | Price change | $249,000-2% |
Source: MRED as distributed by MLS GRID #12282979 Report a problem | ||
| 4/9/2025 | Listed for sale | $254,000 |
Source: MRED as distributed by MLS GRID #12282979 Report a problem | ||
| 4/4/2025 | Contingent | $254,000 |
Source: MRED as distributed by MLS GRID #12282979 Report a problem | ||
| 4/1/2025 | Price change | $254,000-5.6% |
Source: MRED as distributed by MLS GRID #12282979 Report a problem | ||
| 3/22/2025 | Listed for sale | $269,000+22.3% |
Source: MRED as distributed by MLS GRID #12282979 Report a problem | ||
| 7/9/2024 | Sold | $220,000-2.2% |
Source: MRED as distributed by MLS GRID #12012517 Report a problem | ||
| 4/2/2024 | Contingent | $225,000 |
Source: MRED as distributed by MLS GRID #12012517 Report a problem | ||
| 4/1/2024 | Listed for sale | $225,000+28.6% |
Source: MRED as distributed by MLS GRID #12012517 Report a problem | ||
| 1/26/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11677190 Report a problem | ||
| 11/22/2022 | Listed for sale | $175,000 |
Source: MRED as distributed by MLS GRID #11677190 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $33,100 +94.7% |
| 2023 | $3,600 +2.9% | $17,000 |
| 2022 | $3,497 +550.6% | $17,000 |
| 2021 | $537 -3.1% | $17,000 -7.6% |
| 2020 | $555 +0.3% | $18,391 -12% |
| 2019 | $553 -86.6% | $20,899 |
| 2018 | $4,128 +608% | $20,899 -4.4% |
| 2017 | $583 -83.4% | $21,856 |
| 2016 | $3,520 -12.1% | $21,856 |
| 2015 | $4,005 +319.5% | $21,856 +3.5% |
| 2014 | $955 -75.1% | $21,114 |
| 2013 | $3,840 +328.1% | $21,114 |
| 2012 | $897 +2.6% | $21,114 -19.7% |
| 2011 | $874 +10.6% | $26,296 |
| 2010 | $790 +6.6% | $26,296 |
| 2009 | $741 -81% | $26,296 -22.4% |
| 2008 | $3,900 +10.9% | $33,899 |
| 2007 | $3,516 +16.1% | $33,899 |
| 2006 | $3,028 -13% | $33,899 +59.1% |
| 2005 | $3,482 +32.2% | $21,309 |
| 2004 | $2,634 +4.5% | $21,309 |
| 2003 | $2,521 +82.1% | $21,309 +27.9% |
| 2002 | $1,384 -6.6% | $16,659 |
| 2001 | $1,482 -25% | $16,659 |
| 2000 | $1,977 +0.3% | $16,659 +24.3% |
| 1999 | $1,971 | $13,401 |
Find assessor info on the county website
Neighborhood: South Shore
Nearby schools
GreatSchools rating
- 2/10Bradwell Community Arts & Sci Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 4/10South Shore Intl Col Prep High SchoolGrades: 9-12Distance: 0.8 mi
- 1/10Chicago Vocational Career Academy High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Cook County
- Chicago
- 60649
- South Shore
- 7524 S Colfax Ave
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