8647 South Colfax, Chicago IL 60617
- Size 0 acres
- Dimensions 25X125
- Taxes $659
- Payment Estimate View Mortgage Calculator
Property Description
Development Opportunity in South Chicago! This 25x125 lot is located in the South Chicago neighborhood and is zoned RS-3, offering the potential to build either a single-family home or a two-flat property. With easy access to the I-90, this location is ideal for those seeking a strategic investment in a rapidly developing area. A mix of modern and newly renovated homes, with continued growth in the area. The South Chicago neighborhood is seeing increasing development and revitalization, making this an excellent opportunity to invest in an area with great potential for future appreciation. This property is sold subject to Bankruptcy Court Approval. Buyer to do their due diligence.
Features & Information
Key Details
- List Price $12,500
- Property Taxes $659
- Acreage 0
- Lot Dimensions 25X125
- Status New
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
Location
- General Information None
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property 87th Street To Colfax - North To Property
-
Property Taxes
- Tax $659
- Tax Year 2023
- Parcel Identification Number 21313280170000
Listed by Ronald Ohr for Avenue 1 Realty Group | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 1/24/2025 10:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore South Chicago
In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
