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  • $369,000

    8143 S Colfax Ave, Chicago, IL 60617

    8beds
    --sqft
    : 
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    Multi Family
    Built in 1947
    -- sqft lot
    $366,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brick constructionFull basement
    Price Improvement! As-is - 8143 S Colfax Ave, Chicago, IL 60617 4 Units | 2 Beds / 1 Bath Each | Full Basement | Brick Construction... Calling all investors, house hackers, and FHA 203k buyers... this all-brick 4-unit building in South Shore is your chance to create cash flow with a long-term upside. Each of the four units feature 2 bedrooms and 1 full bathroom, offering flexible rental options in a high-demand area. Whether you're looking to generate immediate rental income, renovate and hold, or occupy one unit while tenants help cover your mortgage, this property delivers value and opportunity from every angle. Perfect for FHA 203k or renovation loan buyers looking to build equity through smart improvements. With some updates, this property could easily yield strong cap rates in a neighborhood surrounded by revitalization efforts. Are you the Savvy investor this property has been searching for!?
    160 days
    |
    113
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephani Jeffery 312-975-6517,

    Keller Williams ONEChicago,

    Cortney Mines Johnson 773-603-8368,

    Keller Williams ONEChicago

    Source: MRED as distributed by MLS GRID,MLS#: 12560052MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: Partially Finished,Exterior Entry,Full,Walk-Out Access

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Alley, Alley Access, Yes, Owned
      Lot
      • Dimensions: 124X49X59X20X51X36
      Details
      • Parcel number: 21311200310000
      • Special conditions: In Foreclosure
      • Other equipment: Ceiling Fan(s)

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Block, Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Water Heater

      Community & HOA

      Community
      • Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
      • Security: Carbon Monoxide Detector(s)
      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $278,000
      • Annual tax amount: $2,954
      • Date on market: 2/3/2026
      • Ownership: Fee Simple

        Estimated market value

        $366,500

        $348,000 - $385,000

        $1,579/mo

        Price history

        DateEventPrice
        10/4/2023Sold$310,000
        Source: MRED as distributed by MLS GRID #11764658 Report a problem
        7/21/2023Contingent$310,000
        Source: MRED as distributed by MLS GRID #11764658 Report a problem
        6/15/2023Listed for sale$310,000
        Source: MRED as distributed by MLS GRID #11764658 Report a problem
        5/25/2023Contingent$310,000
        Source: MRED as distributed by MLS GRID #11764658 Report a problem
        4/21/2023Listed for sale$310,000+87.9%
        Source: MRED as distributed by MLS GRID #11764658 Report a problem
        5/16/2019Sold$165,000-5.7%
        Source: MRED as distributed by MLS GRID #10280823 Report a problem
        3/8/2019Pending sale$175,000
        Source: Elite Executives Real Estate #10280823 Report a problem
        2/28/2019Price change$175,000-5.9%
        Source: Elite Executives Real Estate #10280823 Report a problem
        2/24/2019Price change$185,900-2.1%
        Source: Elite Executives Real Estate #10280823 Report a problem
        12/11/2018Price change$189,900-24%
        Source: Elite Executives Real Estate #10280823 Report a problem
        11/10/2018Listing removed$950
        Source: Elite Executives Real Estate #10041253 Report a problem
        11/10/2018Listed for sale$250,000+233.3%
        Source: Elite Executives Real Estate #10280823 Report a problem
        8/14/2018Price change$950-2.6%
        Source: Elite Executives Real Estate #10041253 Report a problem
        8/4/2018Listed for rent$975
        Source: Elite Executives Real Estate #10041253 Report a problem
        1/24/2018Sold$75,000
        Source: Public Record Report a problem
        1/8/2018Pending sale$75,000
        Source: 24/7 Real Estate Inc. #09267921 Report a problem
        1/8/2018Price change$75,000-16%
        Source: 24/7 Real Estate Inc. #09267921 Report a problem
        5/1/2017Pending sale$89,300
        Source: 24/7 Real Estate Inc. #09267921 Report a problem
        3/1/2017Price change$89,300-0.8%
        Source: 24/7 Real Estate Inc. #09267921 Report a problem
        12/22/2016Pending sale$90,000
        Source: 24/7 Real Estate Inc. #09267921 Report a problem
        10/31/2016Price change$90,000-28%
        Source: 24/7 Real Estate Inc. #09267921 Report a problem
        6/24/2016Listed for sale$125,000-57.6%
        Source: 24/7 Real Estate Inc. #09267921 Report a problem
        12/20/2005Sold$295,000+15.7%
        Source: Public Record Report a problem
        6/2/2005Sold$255,000+70%
        Source: Public Record Report a problem
        12/23/1999Sold$150,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $27,800 +98.6%
        2023$2,954 +2.6%$14,000
        2022$2,880 +2.3%$14,000
        2021$2,815 +5.3%$14,000 +16.6%
        2020$2,675 -3.5%$12,007 -13%
        2019$2,773 +1.7%$13,802
        2018$2,726 -31.7%$13,802 -25.6%
        2017$3,991 +7.5%$18,539
        2016$3,713 +9.3%$18,539
        2015$3,397 +21.3%$18,539 +22.8%
        2014$2,801 +2%$15,097
        2013$2,746 +1.4%$15,097
        2012$2,709 -16.7%$15,097 -24.8%
        2011$3,253 -0.4%$20,072
        2010$3,266 +4.4%$20,072
        2009$3,130 +4.7%$20,072 -3.7%
        2008$2,989 +1%$20,838
        2007$2,959 -1.1%$20,838
        2006$2,991 +20.3%$20,838 +36.9%
        2005$2,487 +1%$15,223
        2004$2,462 +2.2%$15,223
        2003$2,409 +11.6%$15,223 +26.7%
        2002$2,159 +3.8%$12,019
        2001$2,081 +5.3%$12,019
        2000$1,977 -0.7%$12,019 +16.8%
        1999$1,990 $10,290
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: South Chicago

        Getting around

        71 / 100
        Very Walkable
        63 / 100
        Good Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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