8032 S Colfax may have weathered a fire, but with 912 sq ft of original brickwork, a three-bedroom, one-bath layout, and a full basement, it offers a prime ARV opportunity for a profitable fix-and-flip or building equity and income through repair-hold-and-rent.
Located in an investor-friendly community of South Chicago near Lake Michigan and the South Shore Cultural Center, it’s ready for you to reap the rewards.
To truly recognize the potential, you need to tour the property.
Property Snapshot
- 3 bedrooms, 1 full bath
- Full basement with flexible space
- Spacious backyard for entertaining or relaxing
- Solid brick construction with vintage appeal
Location Value
- With its proximity to Lake Michigan, public transit, and ongoing revitalization efforts, the area offers a compelling blend of accessibility, community character, and long-term value.
Community Value
- Whether you’re looking to flip, rent, or settle in, South Chicago is quickly emerging as one of the city’s most appealing neighborhoods, drawing attention from buyers and investors alike. With median sale prices reaching $228,833, renovated and well-maintained properties are clearly commanding higher returns.
Financing Options
Listing Price
- $67,500
Information and Showing
- We welcome the opportunity to discuss pricing, financing, and schedule a showing. (847) 673-7575
