Chicago, IL 60649,7617 S Colfax AVE
Chicago, IL 60649,7617 S Colfax AVE
Chicago, IL 60649,7617 S Colfax AVE
$790,000
Est. payment /mo
$790,000
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

SOLD DATE : 01/10/2025

Key Details

Sold Price $790,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12174826

Sold Date 01/10/25

Maintenance Fees $3,000

Year Built 1960

Annual Tax Amount $6,255

Tax Year 2023

Lot Dimensions 125X25

Property Sub-Type Multi Family 5+

Property Description

Low maintenance California style 10 unit building in the South Shore neighborhood. All 1 BD/1 BA unit layouts. All units fully renovated in the last 5 yrs with stainless steel appliances, new flooring and new mechanicals. All units have dedicated water tanks and in-unit washer/dryer. Tenant paid electric and baseboard heat keeps owner expenses very low. Large parking lot located alongside property. Pro-forma 10%+ CAP rate on a turn key building.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Building

Level or Stories 2

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Michael Scanlon • eXp Realty, LLC
Bought with Kevin Little • @properties Christie's International Real Estate

GET MORE INFORMATION

Name
Phone*
Message