7524 S Colfax Avenue Chicago, IL ^$ 225,000

7524 S Colfax Avenue

^$ 225,000

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7524 S Colfax Avenue

Chicago, IL, 60649

^$ 225,000

Bedrooms6 Baths3.0

Monthly Estimate*

^$ 1,572

7524 S Colfax Avenue, Chicago, IL 60649 - Image 1

7524 S Colfax Avenue, Chicago, IL 60649 - Image 2

7524 S Colfax Avenue, Chicago, IL 60649 - Image 3

Multi-Family Home for sale in Chicago, IL

for $225,000 with 6 bedrooms and 3 full baths. This home was built in 1923.

Unlock the potential of this prime investment opportunity located at 7524 S Colfax, a three-flat building offering two-bedroom apartments per unit. Situated within close proximity to the highly anticipated Obama Presidential Library and the lake, investing in this property presents an opportunity to capitalize on future appreciation potential. Contact us today to learn more and explore the possibilities of this promising investment opportunity. This is an AS IS Sale

Multi-Family Contingent

Price

^$ 225,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,496

Style

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12012517

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 3

Year Built 1923

Township Hyde Park

Tax Year 2022

Percent Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 15

Status Contingent

Directions Take 75th street to Colfax Turn south to address

City Chicago

High School District 299

MLS Area CHI - South Shore

Waterfront Y/N N

Street Name Colfax

Tax Annual Amount 3496.61

Additional Parcels Y/N N

Days on Market 1

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Full Unfinished

Street Suffix Avenue

Total Bedrooms 6

Total Baths 3

Bedrooms Possible 6

Full Baths Building 3

Half Baths Building 0

Total Number of Units 3

Exterior

Water Source Lake Michigan

Total Parking 3

Lot Dimensions 3720 SF

Garage Onsite Yes

Garage Type Detached

Garage Ownership Owned

Exterior Brick

* Excluded Features

List By

Real Broker Llc

Broker

daniela@danielapagani.com

Affordability Calculator

$1,863

Per Month

Monthly Principal & Interest: $1,572
Monthly Property Taxes: $291
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$639,264

Percent of Sale Price 184%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/1/2024	$225,000		Listed Price

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7524 S Colfax Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $225,000. 7524 S Colfax Avenue has 6 bedrooms, 3.0 baths, and was built in 1923. The property's zip code is 60649 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/4/2024.

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7524 S Colfax Avenue

Multi-Family Home for sale in Chicago, IL

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