11-Unit Apartment
For Sale
$534,900
7727 S Colfax Avenue, Chicago, IL 60649
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market390
Property Features for 7727 S Colfax Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
14
Bathrooms
11
Full bathrooms
11
Rooms
Bedroom 6, Bedroom 1, Bathroom 10, Bedroom 11, Bathroom 4, Bedroom 12, Bedroom 7, Bathroom 8, Bedroom 5, Bathroom 1, Bathroom 6, Bedroom 13, Bathroom 5, Bedroom 8, Bedroom 3, Bedroom 14, Bathroom 2, Bathroom 9, Bedroom 2, Bedroom 9, Bathroom 3, Bedroom 10, Bathroom 7, Bathroom 11, Bedroom 4
Directions
EAST SIDE OF COLFAX BETWEEN 77TH AND 78TH ST
Subdivision
CHI - South Shore
Standard status
Active
APN
21303220080000
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
10999
Amenities
laundry room
Building Details
Year built
1965
Floors in Building
3
Number of units
11
Listing Agency:
Chicago Real Estate Resources
(773) 327-9300
Listed By:
Finley Askin · License #471021038
(773) 446-7634
Added: Aug 19, 2025
Changed: Sep 2
Last Checked: Sep 12 at 4:06AM
MLS# 12450507
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1965, this 11-unit apartment property contains three two-bedroom residences and eight one-bedroom residences. The building includes a dedicated laundry room and 11 exterior parking spaces. All units are currently vacant and require renovation, with interiors in varying stages of disrepair. Existing mechanical systems are older but operational. Current porch violations are associated with the property.
Located at 7727 S Colfax Avenue in Chicago’s South Shore neighborhood, the building offers a defined unit mix and on-site amenities within a multifamily configuration. The property is in Cook County, Illinois, and carries a 60649 postal designation.
Located at 7727 S Colfax Avenue in Chicago’s South Shore neighborhood, the building offers a defined unit mix and on-site amenities within a multifamily configuration. The property is in Cook County, Illinois, and carries a 60649 postal designation.
Key Highlights
- 11‑unit apartment building with three two‑bedroom and eight one‑bedroom units
- Currently vacant; all residences require renovation
- 11 exterior parking spaces on site
Property Analytics
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Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
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Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Vacant multifamily property with on-site laundry and exterior parking.
Where is this apartment building located?
The property is located at 7727 S Colfax Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $534,900.
What are key features of this property?
This property features: 11‑unit apartment building with three two‑bedroom and eight one‑bedroom units; Currently vacant; all residences require renovation; 11 exterior parking spaces on site
