Active
8143 Colfax Avenue
Chicago, IL 60617
$369,000
8beds
4baths
—sqft
Anything from "is it priced right?" to "what's the catch?"
About this home
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!?
MLS Description — as provided by the listing brokerage.
Location
The facts
Property typeResidential Income
Year built1947
Age band71-80 Years
Total parking4
Lot dimensions124X49X59X20X51X36
AreaCHI - South Chicago
Bedrooms (total)8
Annual tax$2,954
First listedFeb 3, 2026
Parcel #21311200310000
CountyCook
MLS #MRD12560052
Days on market83
Photos33
Features
Heating
Natural Gas
Parking
Off AlleyAlley AccessYesOwned
Construction
Brick
Other equipment
CO DetectorsCeiling Fan(s)Water Heater-Gas
Sewer
Public Sewer
Listed by
Keller Williams ONEChicago
Stephani Jeffery · 312-975-6517
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/27/2026, 2:26:25 AM. All data should be independently verified.
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