8606 South Colfax Avenue
8606 South Colfax Avenue
$111,000
5
2
956
956
$116
Closed 11/21/23
Description
Excellent starter investment or owner occupant home. The property features new exterior fascia and new gutters as of September 2022. This property is the perfect opportunity for either; an owner occupant, or a new or experienced investor to buy a turnkey rental property with a great tenant already in place. Earn instant cash flow by purchasing an investment property that it already generating income the second you close. This property has a long term (10 years +), conscientious, Section 8 lease tenant...Excellent starter investment or owner occupant home. The property features new exterior fascia and new gutters as of September 2022. This property is the perfect opportunity for either; an owner occupant, or a new or experienced investor to buy a turnkey rental property with a great tenant already in place. Earn instant cash flow by purchasing an investment property that it already generating income the second you close. This property has a long term (10 years +), conscientious, Section 8 lease tenant and voucher holder ($1,253.00 per month total rent) through September 2023 who wants to stay and renew their lease. The back yard has a parking pad for two cars that could easily be built out or converted into a garage parking area. Being sold as is, and short notice showings might be possible (although 48 hours notice is definitely preferred). Schedule to see this one as soon as possible.
- Listed by Christopher Thomas • EXIT Strategy Realty
Sold By Kairos Brokerage LLC
Property Details for 8606 South Colfax Avenue
Area
CHI - South Chicago
TownshipHyde Park
OwnershipFee Simple
Num Of Parking Spaces2.0
Num Of Cars2.0
Parking Included in PriceYes
Num of Interior Fireplaces0
Heat/FuelNatural Gas, Forced Air
Location
LISTING UPDATED: 11/21/2023 10:03 PM
Property Details for 8606 South Colfax Avenue
Status | Closed |
---|---|
MLS # | 11793541 |
Days on Market | 178 |
Taxes | $1,307 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Detached Single / 1 Story |
Year Built | 1914 |
Lot Size | 0.09 AC / 3,746 SF |
County | Cook County |
Location
Building Information for 8606 South Colfax Avenue
Stories-Year Built1914Building Size-Lot Size0.09 AC / 3,746 SF
Payment Calculator
$715 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8606 South Colfax Avenue
Property History for 8606 South Colfax Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8606 South Colfax Avenue
Taxable ValueLand$3,750Additions$2,750Total$6,500
Tax Record2022$1,337 ($111 / month)
Home Facts
Beds2Baths1Total Finished SqFt956 SqFtAbove Grade Finished SqFt956 SqFtStories1Lot Size3,750 SqFtStyleSingle Family ResidenceYear Built1912CountyCOOKAPN21-31-327-023
Schools near 8606 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 | |||
Charter - | K to 8 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Coles Elementary Language Academy PublicPK to 8 | ||
Bowen High School Public9 to 12 | ||
Great Lakes Academy CharterK to 8 | ||
Baker College Prep Charter9 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.
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