Active
8239 Colfax Avenue
Chicago, IL 60617
$439,900
12beds
5baths
—sqft
Ask Dwello about this home
Anything from "is it priced right?" to "what's the catch?"
About this home
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**
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Year built1922
Age band100+ Years
Lot dimensions5750
AreaCHI - South Chicago
Bedrooms (total)12
Annual tax$4,038.45
Parcel #21311270470000
CountyCook
MLS #MRD12626593
Days on market1
Photos24
Features
Heating
Natural GasForced Air
Parking
YesOwned
Construction
Brick
Sewer
Public Sewer
Mentioned in description
dwello's AI pulled these details from the agent's listing description. Each is a direct quote — verify anything critical with the agent.
- ✨ Finished Basement “A full finished basement provides additional space and versatility.”
Listed by
RE/MAX Mi Casa
Jose Martinez · 773-964-5661
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/27/2026, 4:58:03 PM. All data should be independently verified.
You + your agent
What do you think?
React below so your dwello agent knows how you feel. Leave a note to start a conversation about this home.
Loading…
More homes you might like