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  • $345,000

    8324 S Colfax Ave, Chicago, IL 60617

    6beds
    --sqft
    Multi Family
    Built in 1912
    -- sqft lot
    $313,900 Zestimate®
    $--/sqft
    $1,809 Estimated rent

    Home value

    $313,900

    $267,000 - $358,000

    $1,809/mo

    Zestimate® history
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    $1,809/mo

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    $1,809/mo

    Rent Zestimate®

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    $2,433/mo

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    $2,433/mo

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    What's special

    Rare opportunity to own an incredible legal THREE UNIT plus basement investment property in a highly appreciating neighborhood! Beautifully rehabbed three unit property available at an incredible price! This multi-unit building was completely rehabbed with quality and tasteful finishes. This large building offers three separate units of living; each level has two beds, one bath and an eat in kitchen. Long list of updates includes; new window, new roof, new electric, new appliances, and much more. Ideal set up with all separate utilities: three hot water tanks, three furnaces, separate utility bills for gas and electricity. Low taxes and separate utilities on a legal three unit makes this the perfect opportunity for an investor who wants positive cashflow OR an owner occupant who wants a self funding building! Very rare in this market! Property is completely remodeled and move in ready! No work necessary! Your renters will love it! Conveniently located near local restaurants, parks and the expressway. Come check it out. Self sufficient-pays for itself! This one won't last! Sold As Is.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Josue Duarte 708-589-5855,

    Duarte Realty Company,

    Wilfredo Galarza, ABR,PSA,RENE 312-933-7681,

    Duarte Realty Company

    Bought with:

    Richard Mendez

    eXp Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12128475MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site
    Lot
    • Size: 3,049 sqft
    • Dimensions: 26 X 126
    Details
    • Parcel number: 21313030330000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1912
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/25/2025Sold$345,000
    Source: Public Record Report a problem
    12/6/2024Listing removed$1,300
    Source: Zillow Rentals Report a problem
    11/20/2024Listed for rent$1,300
    Source: Zillow Rentals Report a problem
    9/26/2024Sold$345,000+1.8%
    Source: MRED as distributed by MLS GRID #12128475 Report a problem
    8/22/2024Contingent$339,000
    Source: MRED as distributed by MLS GRID #12128475 Report a problem
    8/2/2024Listed for sale$339,000
    Source: MRED as distributed by MLS GRID #12128475 Report a problem
    8/2/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12112827 Report a problem
    7/25/2024Contingent$339,000
    Source: MRED as distributed by MLS GRID #12112827 Report a problem
    7/18/2024Listed for sale$339,000-2.9%
    Source: MRED as distributed by MLS GRID #12112827 Report a problem
    7/2/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12081089 Report a problem
    6/12/2024Listed for sale$349,000+445.3%
    Source: MRED as distributed by MLS GRID #12081089 Report a problem
    9/18/2023Sold$64,000-24.7%
    Source: Public Record Report a problem
    12/6/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11679500 Report a problem
    11/29/2022Listed for sale$85,000-14.1%
    Source: MRED as distributed by MLS GRID #11679500 Report a problem
    8/17/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11369728 Report a problem
    4/8/2022Listed for sale$99,000-17.5%
    Source: MRED as distributed by MLS GRID #11369728 Report a problem
    3/2/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11192140 Report a problem
    12/9/2021Listed for sale$119,999
    Source: MRED as distributed by MLS GRID #11192140 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $11,400 +26.7%
    2023$1,899 +2.6%$9,000
    2022$1,851 +2.3%$9,000
    2021$1,810 -5.9%$9,000 +4.3%
    2020$1,922 -3.5%$8,629 -13%
    2019$1,993 +1.7%$9,919
    2018$1,959 -33.7%$9,919 -27.7%
    2017$2,955 +7.5%$13,726
    2016$2,749 +9.3%$13,726
    2015$2,515 +36.8%$13,726 +38.5%
    2014$1,838 -9.5%$9,907 -11.3%
    2013$2,031 +1.4%$11,169
    2012$2,004 -12%$11,169 -20.5%
    2011$2,277 -0.4%$14,050
    2010$2,286 +4.4%$14,050
    2009$2,191 -2%$14,050 -9.8%
    2008$2,235 +1%$15,583
    2007$2,213 -1.1%$15,583
    2006$2,237 +40.4%$15,583 +59.8%
    2005$1,593 +1%$9,751
    2004$1,577 +50.7%$9,751
    2003$1,047 +253.5%$9,751 +22.2%
    2002$296 -6.6%$7,982
    2001$317 -46.9%$7,982
    2000$597 +71.8%$7,982 +28.4%
    1999$347 $6,217

    Find assessor info on the county website

    Neighborhood: South Chicago

    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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    Estimated market value
    $313,900
    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
    $313,900