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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 886-4663

$ 284,900

Est. payment -/mo

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Active Under Contract

8453 S Colfax AVE Chicago, IL 60617

7 Beds

3 Baths

4,356 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12377150

Bedrooms 7

Year Built 1921

Annual Tax Amount $2,320

Tax Year 2023

Lot Size 4,356 Sqft

Lot Dimensions 4635

Property Sub-Type Two to Four Units

Property Description

Located on a peaceful, tree-lined street, this well-maintained and updated 2-flat brick building is a turnkey investment opportunity. 1 unit is occupied(2nd fl) at $1450/mo, perfect for owner-occupant. The spacious third floor offers easy potential to convert into duplex. Features include a nice side drive, and a quiet block perfect for long-term value. Ideal for both new and seasoned investors looking for steady cash flow and future upside!

Location

State IL

County Cook

Area Chi - South Chicago

Zoning MULTI

Rooms

Basement Unfinished, Partial

Interior

Heating None

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Latrease Davenport of PIP Realty Group

AFFORDABILITY CALCULATOR

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Your debt-to-income ratio is 36%
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MY BLOGS

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 886-4663

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005