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Off market
  • $482,800

    7822 S Colfax Ave, Chicago, IL 60649

    9beds
    5,816sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $482,800 Zestimate®
    $83/sqft
    $1,552 Estimated rent

    Home value

    $482,800

    $401,000 - $570,000

    $1,552/mo

    Zestimate® history
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    Owner options

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    $1,552/mo

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    $1,552/mo

    Rent Zestimate®

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    $3,408/mo

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    $3,408/mo

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    What's special

    Looking for a chance to have a positive cash flow monthly, this would be the investment property for an investor that can realize the income potential and is ready to purchase! Here's a fully occupied 3- Unit bldg., 3/ Bedrooms, & 2-Bathrooms, 3-car garage which could be rented for extra income. Owner has maintained the building. Units have been renovation, and painting. Spacious rooms, each unit mirrors the other. Clean basement, with extra room in basement being rented for $500.00. Nothing to do here!! Will pass FHA. Property eligible for 5% down payment assistance (NO INCOME RESTRICTIONS)!!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    • Full bathrooms: 3
    • 1/2 bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Interior area
    • Total interior livable area: 5,816 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 2130328029

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $83/sqft
    • Tax assessed value: $480,000

    Price history

    DateEventPrice
    10/6/2022Sold$255,000+2%$44/sqft
    Source: MRED as distributed by MLS GRID #11488785 Report a problem
    8/24/2022Contingent$250,000$43/sqft
    Source: MRED as distributed by MLS GRID #11488785 Report a problem
    8/11/2022Listed for sale$250,000+6.4%$43/sqft
    Source: MRED as distributed by MLS GRID #11488785 Report a problem
    8/28/2017Sold$235,000-15.8%$40/sqft
    Source: MRED as distributed by MLS GRID #09605570 Report a problem
    6/27/2017Pending sale$279,000$48/sqft
    Source: Baird & Warner #09605570 Report a problem
    4/25/2017Price change$279,000-6.7%$48/sqft
    Source: Baird & Warner #09605570 Report a problem
    10/1/2016Listed for sale$299,000+510.2%$51/sqft
    Source: Baird & Warner #09605570 Report a problem
    12/19/2014Sold$49,000-6.7%$8/sqft
    Source: Public Record Report a problem
    11/5/2014Price change$52,500-11.8%$9/sqft
    Source: REALTY EXECUTIVES TARGET #08718792 Report a problem
    11/1/2014Listed for sale$59,500$10/sqft
    Source: REALTY EXECUTIVES TARGET #08718792 Report a problem
    9/25/2014Pending sale$59,500$10/sqft
    Source: REALTY EXECUTIVES TARGET #08718792 Report a problem
    9/20/2014Listed for sale$59,500$10/sqft
    Source: REALTY EXECUTIVES TARGET #08718792 Report a problem
    9/13/2014Pending sale$59,500$10/sqft
    Source: REALTY EXECUTIVES TARGET #08718792 Report a problem
    8/30/2014Listed for sale$59,500$10/sqft
    Source: REALTY EXECUTIVES TARGET #08585733 Report a problem
    6/10/2014Pending sale$59,500$10/sqft
    Source: REALTY EXECUTIVES TARGET #08585733 Report a problem
    5/21/2014Price change$59,500-9.8%$10/sqft
    Source: REALTY EXECUTIVES TARGET #08585733 Report a problem
    5/2/2014Pending sale$66,000$11/sqft
    Source: REALTY EXECUTIVES TARGET #08585733 Report a problem
    4/16/2014Listed for sale$66,000-69.3%$11/sqft
    Source: REALTY EXECUTIVES TARGET #08585733 Report a problem
    12/17/2003Sold$215,000+101.6%$37/sqft
    Source: Public Record Report a problem
    8/19/1997Sold$106,666$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $48,000 +152.6%
    2023$4,023 +2.9%$19,000
    2022$3,908 +2.3%$19,000
    2021$3,821 -9.1%$19,000 +0.7%
    2020$4,203 -2.4%$18,865 -12%
    2019$4,307 +1.7%$21,438
    2018$4,235 -12.5%$21,438 -4.7%
    2017$4,842 +7.5%$22,493
    2016$4,505 +9.3%$22,493
    2015$4,122 +4.9%$22,493 +6.2%
    2014$3,930 +2%$21,184
    2013$3,853 +1.4%$21,184
    2012$3,801 -12.4%$21,184 -20.9%
    2011$4,342 -0.4%$26,792
    2010$4,360 +4.4%$26,792
    2009$4,178 -16.5%$26,792 -23.2%
    2008$5,002 +1%$34,868
    2007$4,952 -1.1%$34,868
    2006$5,006 +40.2%$34,868 +59.6%
    2005$3,570 +1%$21,849
    2004$3,534 +2.2%$21,849
    2003$3,457 +10.1%$21,849 +25%
    2002$3,141 +3.8%$17,481
    2001$3,027 +10.1%$17,481
    2000$2,750 -0.7%$17,481 +22.1%
    1999$2,768 $14,314
    Find assessor info on the county website

    Neighborhood: South Shore

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $482,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $482,800