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7827-29 S Colfax Avenue
Chicago IL 60649 US

$499,000

Active Listing ID 12202898
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8 bed
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Other

$499,000

Active Listing ID 12202898
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7827-29 S Colfax Avenue This four-unit building situated in the South Shore neighborhood represents an exceptional investment opportunity. The property comprises four two-bedroom apartments, each featuring an enclosed back porch for additional storage, spacious kitchens, and adequately sized bedrooms. Tenants are responsible for their utility expenses. The building also includes two finished basements, which can serve as additional living space or generate extra rental income, equipped with separate heating systems. The location offers convenient access to excellent transportation options and is just minutes from Lake Michigan. The area is experiencing significant development, underscoring its rich history and potential for growth. This property is well-suited for investment purposes or as a residence for an owner-occupant, requiring minimal effort to start generating rental income.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 499000
  • unparsedaddress: 7827-29 S Colfax Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60649
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Stephon Walker-Purnell
  • listagentemail: stephon.walker@compass.com
  • listagentkey: 3yd-MREDIL-894577
  • listagentmlsid: 894577
  • listagentpreferredphone: 3129894660
  • listagentofficephone: 7734667150
  • listofficekey: 3yd-MREDIL-87121
  • listagentstatelicense: 475195845
  • listofficemlsid: 87121
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1908
  • listingcontractdate: 2024-12-23
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 21303290300000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: None
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"stephon.walker@compass.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Real Estate", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"1643 N Milwaukee Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"60647", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/7827-S-Colfax-Ave_Chicago_IL_60649_M75435-23135?f=listhub&s=MREDIL&m=12202898&c=rexren", "MLSModificationTimestamp":"2024-12-23T08:36:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - South Shore"}], "PostalCode":null, "RoomCount":20, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3599.43, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2025 1:46:07 AM GMT
Source Updated Date: 1/13/2025 6:42:45 AM GMT

Courtesy of: Stephon Walker-Purnell, Compass, stephon.walker@compass.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.