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8324 S Colfax AVE Chicago, IL 60617
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Key Details
Sold Price $345,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12128475
Sold Date 09/26/24
Bedrooms 6
Year Built 1912
Annual Tax Amount $1,898
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 26 X 126
Property Sub-Type Two to Four Units
Property Description
Rare opportunity to own an incredible legal THREE UNIT plus basement investment property in a highly appreciating neighborhood! Beautifully rehabbed three unit property available at an incredible price! This multi-unit building was completely rehabbed with quality and tasteful finishes. This large building offers three separate units of living; each level has two beds, one bath and an eat in kitchen. Long list of updates includes; new window, new roof, new electric, new appliances, and much more. Ideal set up with all separate utilities: three hot water tanks, three furnaces, separate utility bills for gas and electricity. Low taxes and separate utilities on a legal three unit makes this the perfect opportunity for an investor who wants positive cashflow OR an owner occupant who wants a self funding building! Very rare in this market! Property is completely remodeled and move in ready! No work necessary! Your renters will love it! Conveniently located near local restaurants, parks and the expressway. Come check it out. Self sufficient-pays for itself! This one won't last! Sold As Is.
Location
State IL
County Cook
Area Chi - South Chicago
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Richard Mendez • eXp Realty, LLC