7524 S Colfax Avenue Chicago, IL ^$ 229,000

7524 S Colfax Avenue

^$ 229,000

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7524 S Colfax Avenue

Chicago, IL, 60649

^$ 229,000

Bedrooms12 Baths3.0

Monthly Estimate*

^$ 1,429

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Multi-Family Home for sale in Chicago, IL

for $229,000 with 12 bedrooms and 3 full baths. This home was built in 1923.

Calling all investors & rehabbers! Fully gutted 3 flat building with 4 beds 1 bath apartments in each unit in the South Shore Neighborhood, close to the Lake and city life. Property being sold AS-IS, plans approved! Call and schedule your showing today!

Multi-Family Active

Price

^$ 229,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,599

Style

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12504768

Features

General

Sewer Public Sewer

Heating Natural Gas

Possession Closing

Garage Spaces 2.5

Construction Materials Brick

Year Built 1923

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 18

Status Active

Directions Take 75th street to Colfax. Turn south to address

City Chicago

High School District 299

MLS Area CHI - South Shore

Tax Annual Amount 3599.65

Additional Parcels Y/N N

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full

Total Bedrooms 12

Total Baths 3

Bedrooms Possible 12

Full Baths Building 3

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Yes Garage Owned Detached Garage

Water Source Lake Michigan

Total Parking 2.5

Lot Dimensions 3720 SF

Waterfront Y/N N

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

offers@frankmontrohomes.com;offers@frankmontrohomes.com

Affordability Calculator

$1,729

Per Month

Monthly Principal & Interest: $1,429
Monthly Property Taxes: $300
Monthly Home Insurance: --

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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

Multi-family listings in Chicago, IL

Average List Price ^$619,377

Percent of Sale Price 170%

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
10/29/2025	$229,000		Listed Price

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7524 S Colfax Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $229,000. 7524 S Colfax Avenue has 12 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 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 12/17/2025.

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7524 S Colfax Avenue

Multi-Family Home for sale in Chicago, IL

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