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Image 1 - 8324 S Colfax Ave, Chicago, Illinois, 60617 - House for sale
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S Colfax Ave, Chicago, Home For Sale
8324 S Colfax Ave, Chicago, Illinois, 60617

S Colfax Ave, Chicago, Home For Sale

house for sale
Listed: 07/21/24

8324 S Colfax Ave, Chicago, Illinois, 60617

6 Bed:
3 Bath:
Save
Price
$ 339,000

About This House

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 …  Full description

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Cheltenham Housing & Living

Household Income

Median household income: $57,238
Number of households: 1,1M
The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.