7827 29 S Colfax Avenue
Chicago, IL 60649
- 8 beds
- 5 baths
- – sqft
- 1908 build
- – on site
This four-unit building situated in the South Shore neighborhood represents an exceptional investment opportunity. The property comprises four two-bedroom apartments, each featuring an enclosed back porch for additional storage, spacious kitchens, and adequately sized bedrooms. Tenants are responsible for their utility expenses. The building also includes two finished basements, which can serve as additional living space or generate extra rental income, equipped with separate heating systems. The location offers convenient access to excellent transportation options and is just minutes from Lake Michigan. The area is experiencing significant development, underscoring its rich history and potential for growth. This property is well-suited for investment purposes or as a residence for an owner-occupant, requiring minimal effort to start generating rental income.
Last checked:
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Last updated Dec 23, 2024
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MLS# 12202898 —
The Building
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Year Built:1908
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Rebuilt:No
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New Construction:false
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Basement:Full, Walkout
Interior
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Rooms Total:20
Location
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Directions:East or West on 79th Street turn onto S. Colfax and then arrive at 7827-29 S Colfax Ave,
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Location:87121
The Property
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Parcel Number:21303290300000
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Property Type:Residential Income
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Lot Size Dimensions:LESS THAN .25
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Lot Size Source:County Records
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (312) 989-4660
- Office phone:
- (773) 466-7150
Taxes
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Tax Year:2023
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Tax Annual Amount:3599.43
Beds
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Bedrooms Total:8
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Bedrooms Possible:8
Baths
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Baths:5
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Full Baths:5
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/23/24
Dec 23, 2024
|
Listed / Active | MRED | $499,000 |
