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  • $399,900

    8239 S Colfax Ave, Chicago, IL 60617

    12beds
    --sqft
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    Multi Family
    Built in 1922
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Full finished basementSpacious unit
    Fantastic investment opportunity in the heart of South Chicago! This solid brick 4-unit building offers 12 total bedrooms and 5 bathrooms, providing excellent potential for strong rental income. Each spacious unit includes a stove and refrigerator, and all utilities are separately metered for gas and electric, offering added convenience for management. A full finished basement provides additional space and versatility. All tenants are currently month-to-month, making this a great option for investors or owner-occupants interested in house hacking. The property also features 4 exterior parking spaces in the rear and sits on an extra-wide 125x46 ft. lot. Located close to parks, schools, public transit, and everyday amenities, this building offers a smart opportunity to grow long-term value. With low taxes and strong rental potential, this is a must-see property. Don't miss your chance to build equity and secure steady cash flow!**Building full address is 8239-41**One of the LLC members is an Illinois licensed Realtor (Not Listing Brokers)**
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    Zillow last checked:

    Listed by:

    Jose Ramon Martinez (773)964-5661,

    RE/MAX Mi Casa,

    Joe Castillo, SFR,

    RE/MAX Mi Casa

    Source: MRED as distributed by MLS GRID,MLS#: 12669970MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Natural Gas, Forced Air
      Features
      • Basement: Finished,Full

      Property

      Parking
      • Total spaces: 4
      • Parking features: Yes, Owned
      Lot
      • Size: 5,750 Square Feet
      Details
      • Parcel number: 21311270470000
      • Zoning: MULTI
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1922

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Annual tax amount: $4,038
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/5/2026Listing removed$439,900
        Source: MRED as distributed by MLS GRID #12626593 Report a problem
        4/27/2026Listed for sale$439,900+2.3%
        Source: MRED as distributed by MLS GRID #12626593 Report a problem
        3/6/2026Listing removed$429,900
        Source: MRED as distributed by MLS GRID #12531965 Report a problem
        12/19/2025Listed for sale$429,900-8.5%
        Source: MRED as distributed by MLS GRID #12531965 Report a problem
        8/15/2025Listing removed$469,900
        Source: MRED as distributed by MLS GRID #12434582 Report a problem
        8/5/2025Listed for sale$469,900+70.9%
        Source: MRED as distributed by MLS GRID #12434582 Report a problem
        3/10/2023Listing removed--
        Source: MRED as distributed by MLS GRID #11372144 Report a problem
        10/18/2022Listing removed$275,000
        Source: MRED as distributed by MLS GRID #11372144 Report a problem
        8/2/2022Price change$275,000-12.4%
        Source: MRED as distributed by MLS GRID #11372144 Report a problem
        7/7/2022Price change$314,099-10%
        Source: MRED as distributed by MLS GRID #11372144 Report a problem
        5/20/2022Price change$348,9990%
        Source: MRED as distributed by MLS GRID #11372144 Report a problem
        5/11/2022Price change$349,000-3.1%
        Source: MRED as distributed by MLS GRID #11372144 Report a problem
        4/11/2022Listed for sale$360,000+100%
        Source: MRED as distributed by MLS GRID #11372144 Report a problem
        10/6/2018Listing removed$180,000
        Source: Hometown Real Estate #10045344 Report a problem
        9/3/2018Price change$180,000-5.3%
        Source: Hometown Real Estate #10045344 Report a problem
        8/8/2018Listed for sale$190,000+111.1%
        Source: Hometown Real Estate #10045344 Report a problem
        5/3/2018Listing removed$700
        Source: Ware Family Real Estate Report a problem
        3/19/2018Listed for rent$700
        Source: Ware Family Real Estate Report a problem
        12/1/2016Sold$90,000
        Source: MRED as distributed by MLS GRID #09358169 Report a problem

        Public tax history

        Tax history is unavailable.

        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

        69 / 100
        Somewhat Walkable
        63 / 100
        Good Transit
        57 / 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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