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8349 S Colfax Ave, Chicago, IL, 60617

3beds
2baths
--sqft
$279,000
--price/sqft
$2,182/moest. monthly cost
$87,280/yrincome needed

About This Home

This turnkey 2-flat in South Chicago offers the perfect blend of cash flow and value-add potential. Each unit features updated finishes including newer flooring, granite countertops, and modern cabinetry. First-floor unit offers 2BR/1BA, while the second unit includes 1BR + office-ideal for flexible living or maximizing rental income. Full unfinished basement and attic provide excellent expansion opportunities to increase equity. Detached 2-car garage and a peaceful backyard complete the property. Conveniently located near the 83rd St Metra, bus lines, parks, and local amenities. Ideal for investors or owner-occupants looking to house hack and build long-term wealth.

Getting Around

67
WalkingSomewhat Walkable
63
TransitGood Transit
59
BikeBikeable

Schools

1/10
Bowen High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1899

Materials

  • Construction materials: Frame

Notable Dates

  • Major remodel year: 2017

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 21313040200000
  • Special condition: None

Lot

  • Lot size: 3,750 sqft
  • Lot size dimensions: 30X125

Parking

  • Total spaces: 2
  • Parking features: Yes,Garage Owned,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2