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7542 S Colfax Avenue Chicago, IL $ 450,000
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$ 450,000 Get more info
7542 S Colfax Avenue
$ 450,000
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7542 S Colfax Avenue

Chicago, IL, 60649
$ 450,000
Bedrooms9 Baths3.0 Sq 3,600

Monthly Estimate*

$ 3,108

7542 S Colfax Avenue, Chicago, IL 60649 - Image 1
7542 S Colfax Avenue, Chicago, IL 60649 - Image 2

Multi-Family Home for sale in Chicago, IL

for $450,000 with 9 bedrooms and 3 full baths. This 3,600 square foot home was built in 1926 on a lot size of 0.08.

7452 S. Colfax is comprised of (3) 3bd 1ba units boasting approximately 1500 sf of living space. All of the units and building was completed renovated in 2016, 2017 and 2026. All of the in-unit improvements included, but limited to: Kitchen Cabinets, granite Counter Tops & Mosaic Tile Backsplashes, New Engineered Hardwood Floors, Brush Nickel Faucets. GE Appliances, Bathrooms, light fixtures, and ceiling fans. The capital improvements include, but not limited to: new electrical service with GFCI's, plumbing, new windows, HVAC, trim, doors, new porches (2021), and more! This fantastic 3-flat provides an investor the opportunity to acquire their first property or a seasoned investor who wants to add more units with low-density and grow their exiting portfolio.

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Multi-Family Active

Price

$ 450,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,686

Style

Lot Size

0.08

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12789461
Features
General
Sewer Public Sewer
Heating Gas Forced Air
Possession Closing
Roof Rubber Flat
Zoning MULTI
Construction Materials Brick
Year Built 1926
Township Hyde Park
Tax Year 2025
Ownership Fee Simple
Gross Income 40470
County Cook
Net Operating Income 25448
Insurance Expense 2636
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 975
Total Rooms 18
Status New
Directions 76TH STREET EAST/WEST TO COLFAX AND NORTH TO ADDRESS
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 6686.75
Electric Expense 260
Fuel Expense 0
Water Sewer Expense 1650
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 9
Total Baths 3
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Owned
Water Source Lake Michigan
Total Parking 3
Foundation Details Brick/Mortar Concrete Perimeter
Lot Dimensions 30' X 125'
Lot Size Acres 0.08
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Premier

Broker

jessrealestate527@gmail.com

Email

Affordability Calculator

$3,665
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$557
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2026$450,000 Listed Price

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7542 S Colfax Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $450,000 with 3,600 sqft and a lot size of 0.08. 7542 S Colfax Avenue has 9 bedrooms, 3.0 baths, and was built in 1926. The property's zip code is 60649 which is in Chicago, IL

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