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Listing provided courtesy of Keller Williams ONEChicagoMREDas Distributed by MLSGrid- MLS# 12560052MLS Provider

8143 S Colfax AvenueChicago, IL 60617

Multi-Family · 8 Beds
$369,000 Active

8143 S Colfax Avenue Overview

Time on Site:
146 days
Visits:
0

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!?

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8143 S Colfax Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Green Features

  • Green Energy Efficient: Water Heater

Building Information

  • New Construction: No
  • Year Built: 1947

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Chicago
  • Township: Hyde Park

Community/Development

  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $2,954.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 21311200310000
  • Property Type: Residential Income
  • Special Listing Conditions: In Foreclosure

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 4

General Information

  • Basement: Partially Finished, Exterior Entry, Full, Walk-Out Access
  • Foundation Details: Block, Concrete Perimeter
  • Heating: Natural Gas
  • Other Equipment: CO Detectors, Ceiling Fan(s), Water Heater-Gas
  • Rooms Total: 16

Exterior

Parking Information

  • Parking Features: Off Alley, Alley Access, Yes, Owned
  • Parking Total: 4

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 124X49X59X20X51X36
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

8143 S Colfax Avenue Neighborhood

Community

60617 (Chicago) Demographics

37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8143 S Colfax Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8143 S Colfax Avenue Market Data

Based on the last 30 days in this zip code

$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

8143 S Colfax Avenue History

Date Event Value Agent
2/8/2026Source: MRED Status Change
Active
2/3/2026Source: MRED Added to Database
February 03, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022