$ 790,000 $ 790,000

7617 S Colfax Avenue

Chicago, IL 60649

  • 1960 Year Built
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.
Listed by Michael Scanlon of eXp Realty, LLC , Sold By Kevin Little of @properties Christie's International Real Estate

PROPERTY DETAIL

  • Key Details

    Sold Price $790,000

    Property Type Commercial

    Sub Type Multi Family 5+

    Listing Status Sold

    Purchase Type For Sale

    MLS Listing ID 12174826

    Sold Date 01/10/25

    Year Built 1960

    Annual Tax Amount $6,255

    Tax Year 2023

    Lot Dimensions 125X25

    Property Sub-Type Multi Family 5+

  • Location

    State IL

    County Cook

    Zoning MULTI

  • Interior

    Cooling Window Unit(s)

    Fireplace N

  • Exterior

    View Y/N true

CONTACT

Michael Scanlon
Michael Scanlon

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