7450 S Colfax Avenue Chicago, IL ^$ 180,000

7450 S Colfax Avenue

^$ 180,000

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7450 S Colfax Avenue

Chicago, IL, 60649

^$ 180,000

Bedrooms6 Baths3.0 Sq 2,711

Monthly Estimate*

^$ 1,123

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Single Family Home for sale in Chicago, IL

for $180,000 with 6 bedrooms and 3 full baths. This 2,711 square foot home was built in 1918.

Exceptional investment opportunity on a desirable corner lot. This fenced, two-story single-family home sits on a deep lot and offers over 2,400 square feet of living space, originally configured with six bedrooms and two full bathrooms. The property also includes a full basement, providing additional room for expansion or customization. The home requires a complete renovation, making it an ideal project for experienced rehab investors seeking strong returns. Showings require a signed hold harmless agreement, and visitors should bring a flashlight due to current conditions. A minimum of twelve hours' notice is preferred for all appointments, which may be scheduled between 12:00 p.m. and 5:00 p.m. Cash offers only. This property presents a rare chance to reimagine a spacious home on a valuable corner lot and create significant upside potential.

Single Family Active

Price

^$ 180,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,964

Style

Year Built

1918

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12499075

Features

General

Living Area 2711

Sewer Public Sewer

Heating Natural Gas

Cooling None

Possession Closing Immediate

HOA Fee 0

Association Fee Includes None

Construction Materials Brick

Year Built 1918

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

Assoc Fee Paid Per Not Applicable

County Cook

New Construction N

Property Type Residential Detached Single

Total Rooms 10

Full Baths 3

Status Active

Directions 75th East or West to Colfax - North to House

City Chicago

High School District 299

MLS Area CHI - South Shore

Tax Annual Amount 2964

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Exterior Entry Full

Half Baths 0

Total Bedrooms 6

Room Type Bedroom 5 Bedroom 6

Total Baths 3

Bedrooms Possible 6

Exterior

Water Source Lake Michigan

Total Parking 0

Lot Dimensions 4470

Waterfront Y/N N

* Excluded Features

List By

Keller Williams Infinity

Broker

tjagshi@gmail.com;tjagshi@gmail.com

Affordability Calculator

$1,370

Per Month

Monthly Principal & Interest: $1,123
Monthly Property Taxes: $247
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

Single family listings in Chicago, IL

Average List Price ^$491,941

Percent of Sale Price 173%

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
12/10/2025	$180,000	-7.69%	Price Down
11/20/2025	$195,000	-11.32%	Price Down
10/30/2025	$219,900	-8.34%	Price Down
10/22/2025	$239,900		Listed Price

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7450 S Colfax Avenue, Chicago, IL, 60649 is a Single Family Home for sale at $180,000 with 2,711 sqft. 7450 S Colfax Avenue has 6 bedrooms, 3.0 baths, and was built in 1918. 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 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 12/18/2025.

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7450 S Colfax Avenue

Single Family Home for sale in Chicago, IL

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