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.

Property Details

PRICE
$499,000
BEDROOMS
8
BATHROOMS
5
SQFT
N/A
YEAR BUILT
1908
PARKING SPOTS
N/A
MLS #
12202898
FULL ADDRESS
7827-29 7827-29 Colfax Avenue
CITY
Chicago, IL
ZIP
60649

Listing Details

Listing Office
Compass
Listing Agent
Stephon Walker-Purnell
Contact
773-466-7150
Last Data Update
2025-03-02T01:23:50Z

Interior

BATHROOMS
5 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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