8647 S COLFAX Avenue Chicago, IL ^$ 9,900

8647 S COLFAX Avenue

^$ 9,900

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8647 S COLFAX Avenue

Chicago, IL, 60617

^$ 9,900

Studio Baths0.0

Monthly Estimate*

^$ 62

8647 S COLFAX Avenue, Chicago, IL 60617 - Image 1

Studio

Lots and Land for sale in Chicago, IL

for $9,900.

Development Opportunity in South Chicago! This 25x125 lot is located in the South Chicago neighborhood and is zoned RS-3, offering the potential to build either a single-family home or a two-flat property. With easy access to the I-90, this location is ideal for those seeking a strategic investment in a rapidly developing area. A mix of modern and newly renovated homes, with continued growth in the area. The South Chicago neighborhood is seeing increasing development and revitalization, making this an excellent opportunity to invest in an area with great potential for future appreciation. This property is sold subject to Bankruptcy Court Approval. Buyer to do their due diligence.

Lots and Land Active

Price

^$ 9,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 659

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12345100

Features

General

Utilities Electricity Nearby Natural Gas Nearby Water Nearby

Possession Closing

Township South Chicago

Tax Year 2023

Ownership Fee Simple

County Cook

Property Type Land Land

Status Active

Directions 87th Street to Colfax - North to Property

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 659

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Lot Dimensions 25X125

Lot Size Acres 0

Road Surface Type Asphalt

Frontage Length 25

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Avenue 1 Realty Group

Broker

RONOHR@AV1REALTY.COM

Affordability Calculator

$117

Per Month

Monthly Principal & Interest: $62
Monthly Property Taxes: $55
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 6.375% 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

Lots and land listings in Chicago, IL

Average List Price ^$321,745

Percent of Sale Price 3,150%

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
4/22/2025	$9,900		Listed Price

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8647 S COLFAX Avenue, Chicago, IL, 60617 is a Lots and Land for sale at $9,900. 8647 S COLFAX Avenue is a studio with 0.0 baths. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/13/2025.

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8647 S COLFAX Avenue

Lots and Land for sale in Chicago, IL

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