7617 South Colfax Avenue

Chicago, IL 60649

$815,000
Price
1
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

-All 1 BD/1 BA unit layouts -Units have been extensively renovated featuring condo quality finishes with stainless steel appliances and new flooring -In-Unit water tanks and in-unit washer/dryer -Tenant paid electric and baseboard heat -Parking lot located alongside property-All 1 BD/1 BA unit layouts -Units have been extensively renovated featuring condo quality finishes with stainless steel appliances and new flooring -In-Unit water tanks and in-unit washer/dryer -Tenant paid electric and baseboard heat -Parking lot located alongside property
  1. Listed by Melissa Morgan • Flats, LLC

Property Details for 7617 South Colfax Avenue

Area
CHI - South Shore
LISTING UPDATED: 08/17/2024 03:33 AM

Property Details for 7617 South Colfax Avenue

StatusActive
MLS #12060737
Days on Market143
Taxes$6,255 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1960
Lot Size0.07 AC / 3,125 SF
CountyCook County

Building Information for 7617 South Colfax Avenue

Stories2Residences10Year Built1960Building Size-Lot Size0.07 AC / 3,125 SF

Property Information for 7617 South Colfax Avenue

General Information
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • # Of Washers: 10
  • Heat/Ventilation: Electric
  • # Of Dryers: 10
  • # Of Dishwashers: 10
  • Num of Baths: 1.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Other
  • Lot Dimensions: 125X25
  • Stories: 2
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 7
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $1,500.00
  • Fuel Expense: $.00
  • Gross Income: $111,900.00
  • Gross Scheduled Income: $111,900.00
  • Insurance Expense: $5,113.00
  • Maintenance Expense: $3,000.00
  • Janitor Expense: 3000
  • Total Monthly Income: 9325
  • Net Operating Income: $68,826.00
  • Operating Expense: $27,867.00
  • Other Expense: $3,000.00
  • Trash Expense: $5,055.00
  • Water Sewer Expense: $2,076.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7617 South Colfax Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7617 South Colfax Avenue

Taxable ValueLand$7,515Additions$22,898Total$30,413
Tax Record2022$6,255 ($521 / month)
Home Facts
Stories2Lot Size8,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyCOOKAPN21-30-311-007

Schools near 7617 South Colfax Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Excel Academy - Woodlawn HS
Public9 to 12

CAMELOT SAFE ACADEMY SCHOOL
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7617 South Colfax Avenue is a multi-family home for sale in Chicago, IL 60649. This property was listed for sale on May 20, 2024 by Flats, LLC, it's currently listed at $815,000. It has been on the market for a total of 143 days and was last sold on November 6, 2019. This listing's school district is City Of Chicago School District 299. Nearby schools include Bradwell Community Arts & Sci Elementary School, Chicago Vocational Career Academy High School and Excel Academy - Woodlawn HS. 7617 South Colfax Avenue is a 1-bed, 1-bath, multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Flats, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 08/17/2024 03:33 AM. 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.