Seize a prime investment opportunity in Chicago's historic South Shore neighborhood with this large, beautiful 3-flat building, minutes from the lakefront and the anticipated Obama Presidential Center. Ideal for investors or first-time home buyers looking to occupy one unit and rent the others, this property combines functionality with potential. The building features huge units equipped with stainless steel appliances, with the top two boasting granite countertops and tile backsplashes, blending practicality with style. High quality, low maintenance and modern touches make it an excellent investment. Separate utilities for heating and electricity ensure ease of management and individual cost control. The potential to duplex the first floor with basement offers additional versatility for enhancing living space or capture additional rental income. With attractive financing options, including new loan programs with as little as 5% down and grants for first-time homebuyers, ownership is within reach. Priced to sell, this property is a smart choice for those looking to invest in a neighborhood known for its community spirit and historical value. Don't miss your chance to own in South Shore!!
Property Map
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Property Details
Utilities
Heating Natural Gas
Cooling
Water Lake Michigan, Public
Sewer Public Sewer
Additional Information
Schools
District 299
Payment Calculator
Listing History
03-23-2024
Listed at $395,000
04-08-2024
Status changed to Under Contract
Last Modified 4/8/24 8:59 AM
Nearby Transportation
Bus 75
0.1 mi
Bus 5
0.1 mi
Bus 95
0.1 mi
Bus 71
0.1 mi
Bus 26
0.2 mi
Bus 6
0.2 mi
Bus 79
0.6 mi
Bus 15
0.7 mi
Bus J14
0.7 mi
Bus 67
1.0 mi
Bus 28
1.2 mi
Bus 30
1.2 mi
Metra Electric
0.2 mi
I 90 East
1.3 mi
I 90 West
2.2 mi
I 94 West
3.2 mi
I 94 East
3.3 mi
I 90 East
4.4 mi
Hwy 57
4.5 mi
For More Information
(312) 528-9200
For more information about 7436 S Colfax, Chicago, IL 60649 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Kale Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
