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7436 S Colfax Avenue
Chicago IL 60649 US

$395,000

Active Under Contract Listing ID 12006879
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8 bed
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Other

$395,000

Active Under Contract Listing ID 12006879
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7436 S Colfax Avenue Seize a prime investment opportunity in Chicago's historic South Shore neighborhood with this large, beautiful 3-flat building, minutes from the lakefront and the anticipated Obama Presidential Center. Ideal for investors or first-time home buyers looking to occupy one unit and rent the others, this property combines functionality with potential. The building features huge units equipped with stainless steel appliances, with the top two boasting granite countertops and tile backsplashes, blending practicality with style. High quality, low maintenance and modern touches make it an excellent investment. Separate utilities for heating and electricity ensure ease of management and individual cost control. The potential to duplex the first floor with basement offers additional versatility for enhancing living space or capture additional rental income. With attractive financing options, including new loan programs with as little as 5% down and grants for first-time homebuyers, ownership is within reach. Priced to sell, this property is a smart choice for those looking to invest in a neighborhood known for its community spirit and historical value. Don't miss your chance to own in South Shore!!

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Property Features

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

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 395000
  • unparsedaddress: 7436 S Colfax Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60649
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingareaunits: Square Feet
  • listagentfullname: Amir Abed
  • listagentemail: amirabed2@gmail.com
  • listagentkey: 3yd-MREDIL-893964
  • listagentmlsid: 893964
  • listagentpreferredphone: 3129395253
  • listagentofficephone: 3129395253
  • listofficekey: 3yd-MREDIL-86995
  • listofficemlsid: 86995
  • disclaimer: Copyright © 2024 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: 1920
  • listingcontractdate: 2024-03-22
  • listagenturl: http://kalerealty.com
  • countyorparish: Cook
  • parcelnumber: 21301180120000
  • 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
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 4/8/2024 3:19:38 PM GMT
Source Updated Date: 5/8/2024 6:39:41 AM GMT

Courtesy of: Amir Abed, Kale Realty, amirabed2@gmail.com

Copyright © 2024 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.

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