8349 S Colfax Avenue
Chicago, IL 60617

Status: Active
Multi Family
3 beds
0 baths
0 sq.ft
Listing Price: $159,000

About this home

Great opportunity to own a turnkey investment property! Updated 2-flat, plus unfinished basement and attic space. Newer flooring, cherry cabinets, and granite counters compliment each unit. First floor unit offers 2BR/1BA. Second floor is a 1BR/1BA + Office. Amazing potential to expand into attic and increase equity! Convenient location, walkable to 83rd St Metra, as well as several buses and easy highway access. Beautiful zen-like backyard. Near shops, parks, and restaurants

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1899
Parking Total 2
Exterior Building Type Frame
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2017
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - South Chicago
Corporate Limits Chicago
Directions E on 83rd Right on Colfax to property
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 3
Bedrooms Possible 3
Baths Count 2
Full Baths in Building Count 2
Total Rooms 10
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 904
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date M2M
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 1
Baths Total 1
Actual Rent 900
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date 1/25
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 30X125
Lot Size Source County Records
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Rental Income 21648
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 21313040200000
Special Assessments N
Taxes $3,085
Tax Exemptions None
Tax Year 2022
$159,000 Listing Price:
MLS # 12066251
Investment Profile Residential Income
Listing Market Time 14 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 06/18/2024
Year Built 1899
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