8647 S Colfax Ave Chicago, IL 60617
South Chicago NeighborhoodEstimated payment $62/month
About This Lot
Development Opportunity in South Chicago! This 25x125 lot is located in the South Chicago neighborhood and is zoned RS-3, offering the potential to build either a single-family home or a two-flat property. With easy access to the I-90, this location is ideal for those seeking a strategic investment in a rapidly developing area. A mix of modern and newly renovated homes, with continued growth in the area. The South Chicago neighborhood is seeing increasing development and revitalization, making this an excellent opportunity to invest in an area with great potential for future appreciation. This property is sold subject to Bankruptcy Court Approval. Buyer to do their due diligence.
Property Details
Property Type
- Land
Lot Details
- Lot Dimensions are 25x125
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $659 | $2,344 | $2,344 | -- |
| 2023 | $643 | $3,125 | $3,125 | -- |
| 2022 | $643 | $3,125 | $3,125 | $0 |
| 2021 | $628 | $3,125 | $3,125 | $0 |
| 2020 | $696 | $3,125 | $3,125 | $0 |
| 2019 | $628 | $3,125 | $3,125 | $0 |
| 2018 | $617 | $3,125 | $3,125 | $0 |
| 2017 | $605 | $2,812 | $2,812 | $0 |
| 2016 | $563 | $2,812 | $2,812 | $0 |
| 2015 | $515 | $2,812 | $2,812 | $0 |
| 2014 | $406 | $2,187 | $2,187 | $0 |
| 2013 | $398 | $2,187 | $2,187 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | For Sale | $9,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Chicago Title Land Trust Co | |
| Deed | -- | Chicago Title Land Trust Co | |
| Warranty Deed | $2,500 | Chicago Title Insurance Co | |
| Quit Claim Deed | -- | None Available | |
| Legal Action Court Order | -- | None Available | |
| Warranty Deed | $75,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $35,000 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12345100
APN: 21-31-328-017-0000
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 8623 S Colfax Ave
- 8613 S Colfax Ave
- 8647 S Kingston Ave
- 8548 S Colfax Ave
- 8627 S Essex Ave
- 8743 S Kingston Ave
- 8705 S Marquette Ave
- 8537 S Kingston Ave
- 8548 S Marquette Ave
- 8527 S Colfax Ave
- 8737 S Essex Ave
- 8623 S Manistee Ave
- 8518 S Marquette Ave
- 8747 S Colfax Ave
- 8453 S Colfax Ave
- 8639 S Burnham Ave
- 8635 S Burnham Ave
- 8504 S Essex Ave
- 8448 S Essex Ave
- 8600 S Muskegon Ave
- 8601 S Kingston Ave Unit 1
- 8556 S Muskegon Ave
- 8349 S Colfax Ave Unit 2
- 8422 S Yates Blvd Unit GN
- 8320 S Kingston Ave Unit 1
- 8915 S Exchange Ave Unit 3
- 8204 S Marquette Ave Unit 2
- 9136 S Anthony Ave Unit 9148
- 9035 S Exchange Ave Unit 2
- 8134 S Muskegon Ave Unit 1
- 8237 S Commercial Ave Unit 2
- 9131 S Exchange Ave
- 3039 E 91st St
- 8625 S Euclid Ave
- 8739 S Euclid Ave
- 8231 S Coles Ave Unit 2
- 8012 S Essex Ave Unit 3S
- 8010 S Manistee Ave Unit A
- 9320 S Saginaw Ave
- 9322 S Saginaw Ave