NOT LISTED FOR SALE

8018 S Colfax Ave Chicago, IL 60617

South Chicago Neighborhood
4 Beds
3 Baths
2,090 Sq Ft
1925 Built

Sale Details

Date Sold: June 20, 2024

Last sale price $103,500 $50 Per Sq Ft

135 Days on Market

About This Home

As of June 2024

Fantastic investment opportunity! Large brick 2 flat in prime location. Units feature spacious living rooms, formal dining rooms, eat- in kitchens, 2 bedrooms on the 1st floor and originally 3 bedrooms on the 2nd floor. Full basement and nice size yard with 2 car garage. Conveniently located near Lake Shore Drive, Skyway, Metra and city bus. Close to Museum of Science & Industry, South Shore Cultural Center, parks and beach. No survey. No disclosures. No utilities. 100% tax proration. Buyer to assume all city violation Sold AS IS.

Last Agent to Sell the Property

Grazyna Przybysz

Chicago Area Realty Inc License #475121869 Listed on: 01/12/2024

Last Buyer's Agent

Chinedu Ibe

PMI Metro & Suburban License #471020064

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1925

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Private or Community Septic Tank
  • Mechanical Septic System

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30x124

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,559

Year Built

Built in 1925

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Mechanical, Septic-Private
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Lot Info

  • Lot Dimensions: 30X124
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1559.03
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Jun 24, 2024
Sold by
Bought by
Seller's Agent
Grazyna Przybysz
Chicago Area Realty Inc
Buyer's Agent
Chinedu Ibe
PMI Metro & Suburban
List Price
$115,000
Sold Price
$103,500
Premium/Discount to List
-$11,500
-10%
Views
94

Purchase Details

Closed on
Dec 13, 2023
Sold by
Bought by

Purchase Details

Closed on
Nov 11, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,100
Interest Rate
0.0789%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$103 None Listed On Document
-- None Listed On Document
-- Rei Title
$45,333 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $86,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2024 06/20/24 Sold $103,500 -5.8% $50 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $109,900 -4.4% $53 / Sq Ft
05/22/2024 05/22/24 For Sale $115,000 0.0% $55 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $115,000 -10.9% $55 / Sq Ft
02/07/2024 02/07/24 Price Changed $129,000 -11.0% $62 / Sq Ft
01/12/2024 01/12/24 For Sale $145,000 -- $69 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,621 $16,100 $2,790 $13,310
2024 $1,621 $16,100 $2,790 $13,310
2023 $1,559 $11,000 $3,720 $7,280
2022 $1,559 $11,000 $3,720 $7,280
2021 $1,542 $11,000 $3,720 $7,280
2020 $1,407 $9,418 $3,720 $5,698
2019 $1,486 $10,826 $3,720 $7,106
2018 $1,460 $10,826 $3,720 $7,106
2017 $3,128 $17,904 $3,348 $14,556
2016 $3,086 $17,904 $3,348 $14,556
2015 $2,800 $17,904 $3,348 $14,556
2014 $2,273 $14,822 $2,604 $12,218
2013 $2,218 $14,822 $2,604 $12,218
Source: Public Records

Agents Affiliated with this Home

  • Grazyna Przybysz

    Seller's Agent in 2024

    Grazyna Przybysz

    Chicago Area Realty Inc

    (773) 545-5300

    9 in this area

    262 Total Sales

    Grazyna Przybysz
    Section Image

  • C

    Buyer's Agent in 2024

    Chinedu Ibe

    PMI Metro & Suburban

    (847) 594-1608

    1 in this area

    7 Total Sales

    Chinedu Ibe
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11960404

Midwest Real Estate Data (MRED)

APN: 21311030570000

Illinois Cook County Chicago 60617 South Chicago

8018 S Colfax Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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