NOT LISTED FOR SALE

8635 S Colfax Ave Chicago, IL 60617

South Chicago Neighborhood
6 Beds
3 Baths
2,112 Sq Ft
1949 Built

Last Sold September 06, 2024

Last sale price $260,000 $123 Per Sq Ft

14 Days on Market

About This Home

As of September 2024

This 2-unit building is a solid investment opportunity with updated features that could attract both tenants and potential buyers. The combination of new vinyl flooring in the kitchens, modern stainless steel appliances, and refinished hardwood floors adds to the overall appeal of the property. The presence of forced heat, a finished basement with laundry facilities, and recent exterior improvements like the garage siding and walkway replacements further enhance its value. **Property is being sold AS-IS**

Last Agent to Sell the Property

Earnest Durrell

The Agency X License #475195203 Listed on: 07/15/2024

The Agency X

Last Buyer's Agent

Sabrina Stroud

MUV Real Estate License #471022722

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1949

Parking

  • 2.5 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,468

Year Built

Built in 1949

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1949
  • Age: 71-80 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: 6
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 4250 SQ FT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2468
  • Tax Year: 2022

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $260,000 -5.5% $123 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $275,000 -- $130 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

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 $2,532 $14,801 $3,188 $11,613
2024 $2,532 $14,801 $3,188 $11,613
2023 $2,468 $12,000 $4,250 $7,750
2022 $2,468 $12,000 $4,250 $7,750
2021 $2,413 $12,000 $4,250 $7,750
2020 $2,289 $10,275 $4,250 $6,025
2019 $2,373 $11,811 $4,250 $7,561
2018 $2,333 $11,811 $4,250 $7,561
2017 $3,939 $18,299 $3,825 $14,474
2016 $3,665 $18,299 $3,825 $14,474
2015 $3,353 $18,299 $3,825 $14,474
2014 $2,419 $15,605 $2,975 $12,630
2013 $2,360 $15,605 $2,975 $12,630
Source: Public Records

Agents Affiliated with this Home

  • Earnest Durrell

    Seller's Agent in 2024

    Earnest Durrell

    The Agency X

    (847) 553-5761

    1 in this area

    7 Total Sales

    Earnest Durrell
    Section Image
  • Sabrina Stroud

    Buyer's Agent in 2024

    Sabrina Stroud

    MUV Real Estate

    (312) 982-1075

    1 in this area

    6 Total Sales

    Sabrina Stroud
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12110704

Midwest Real Estate Data (MRED)

APN: 21313280400000

Illinois Cook County Chicago 60617 South Chicago

8635 S Colfax Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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