8239 S Colfax Avenue — Chicago, IL 60617
Active
Chicago, IL 60617

8239 S Colfax Avenue

$399,900
12 beds · 5 baths
Listed at $399,900 7 days on market $4,038/yr taxes
01About 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**

02Inside the home
03By the numbers
$399,900
List price
Square feet
12
Bedrooms
5
Bathrooms
1922
Year built
Lot size
4
Garage spaces
$4,038
Annual taxes
Two to Four Units
Style
7
Days on market
04Features
Heating
Natural GasForced Air
Parking
Owned
Construction
Brick
Sewer
Public Sewer
05Neighborhood
  • McDonald's 0.4 mi
  • Pepe's Mexican Restaurant 0.4 mi
  • Subway 0.5 mi
  • Rocky's Pancake House 0.5 mi
  • Little Caesars 0.6 mi
  • El Jacalito 0.6 mi
  • Save-A-Lot 0.4 mi
  • Citgo 0.5 mi
  • Citgo 0.5 mi
  • Cecy's Molino De Masa 0.6 mi
  • Citgo 0.8 mi
  • BP Shop 1.0 mi
  • Eckersall Park 0.2 mi
  • Russell Square Park 0.6 mi
  • Dinah Washington Park 0.8 mi
  • Rainbow Beach Park 1.0 mi
  • Bessemer (Henry) Park 1.0 mi
  • Jesse Owens Park 1.0 mi
  • Urban Luxe Café 0.6 mi
  • Dulce's Café 0.9 mi
  • Heritage Cafe 1.0 mi
  • Dunkin' 1.2 mi
  • Chef Sara's Cafe 1.3 mi
  • South Shore Brew 1.4 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 5, 2026
Listed for saleThis listing
RE/MAX Mi Casa
$399,900
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by RE/MAX Mi Casa · Jose Martinez · 773-964-5661
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12669970
Talk to an agent