Unlock the potential of this prime investment opportunity located at 7524 S Colfax, a three-flat building offering two-bedroom apartments per unit. Situated within close proximity to the highly anticipated Obama Presidential Library and the lake, investing in this property presents an opportunity to capitalize on future appreciation potential. Contact us today to learn more and explore the possibilities of this promising investment opportunity. This is an AS IS Sale
Property Details
Property Features
Property Information:
Year Built: 1923
Listing Office:
Office Name: Real Broker LLC
Office Phone: (217) 960-8605
Listing Agent: Daniela Pagani
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Garage Space: 3 spaces
Attached Garage: No
Utilities
Utilities Information:
Heating: Natural Gas
School Info
Assigned Schools Information:
Chicago Vocational Career Academy High School, Public District Grades 9-11
Bradwell Communications Arts and Sciences Elementary School, Public District Grades KG-8
Other
Directions Information:
Directions: Take 75th street to Colfax Turn south to address
Price Information
Listing Price Info
Price Summary:
List Price: $225,000
Tax Information:
Annual Amount: $553
Tax Year: 2019
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $121.4K less than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12012517
Listing Office:
Office Name: Real Broker LLC
Office Phone: (217) 960-8605
Listing Agent: Daniela Pagani
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Bradwell Communications Arts and Sciences Elementary School
7736 S Burnham Ave
Distance between this listing and this school0.30 miles
Public District Grades KG-8
High School
1
/10
Chicago Vocational Career Academy High School
2100 E 87th St
Distance between this listing and this school1.46 miles
Public District Grades 9-11
Assigned Schools
2
/10
Bradwell Communications Arts and Sciences Elementary School
7736 S Burnham Ave
Distance between this listing and this school0.30 miles
Public District Grades KG-8
Nearby Schools
4
/10
Powell Paideia Community Academy Elementary School
7511 S South Shore Dr
Distance between this listing and this school0.28 miles
Public District Grades KG-8
2
/10
Bouchet Math and Science Academy Elementary School
7355 S Jeffery Blvd
Distance between this listing and this school0.76 miles
Public District Grades KG-8
Nearby Schools
4
/10
South Shore Fine Arts Elementary School
1415 E 70th St
Distance between this listing and this school1.60 miles
Public District Grades PK-8
7
/10
Black Magnet Elementary School
9101 S Euclid Ave
Distance between this listing and this school2.13 miles
Public Magnet Grades KG-8
4
/10
Burnside Elementary Scholastic Academy
650 E 91st Pl
Distance between this listing and this school3.11 miles
Public Magnet Grades PK-8
Assigned Schools
1
/10
Chicago Vocational Career Academy High School
2100 E 87th St
Distance between this listing and this school1.46 miles
Public District Grades 9-11
Nearby Schools
6
/10
South Shore International College Prep High School
1955 E 75th St
Distance between this listing and this school0.77 miles
Public District Grades 12-12
3
/10
Epic Academy High School
8255 S Houston Ave
Distance between this listing and this school1.10 miles
The neighbors living near this home have an average income of $14,255. Typical income of Chicago, IL residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7524 S Colfax Ave
What is the listing price of this property?
The listing price of 7524 S Colfax Ave property is $225,000.
What type of property is this?
The property 7524 S Colfax Ave is a house located in Chicago, Illinois, 60649.
Is this property for sale now?
Accepting Backup Offers: 7524 S Colfax Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 7524 S Colfax Ave are: Bradwell Communications Arts and Sciences Elementary School: GreatSchools Rating 2/10Chicago Vocational Career Academy High School: GreatSchools Rating 1/10
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $553 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 7524 S Colfax Ave has 6 bedrooms and 3 bathrooms.
Which year was this property built?
The year of construction for 7524 S Colfax Ave is 1923.
This home is located at 7524 S Colfax Ave in Chicago, IL and zip code 60649 in the South Shore neighborhood. This home was built in 1923. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $225,000.
While more than 612 listings in Chicago, IL in March 2024 were sold above asking price, there were more than 317 listings sold at asking price, and more than 916 were sold below. The number of listings in Chicago, IL increased by 21.5% between February 2024 and March 2024. In March 2024 median list price was $346,470 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.