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South Shore Multifamily Investment Property

7721 South Colfax Avenue Chicago, IL 60649

Claim this Listing
For Sale
$650,000

Nine-unit building in South Shore with income potential.

Type:Multi Family 5+ / Multi Family 5+-Other
Added:
Jan 26, 2026
Days on Market:
167
Last Refresh:
Jul 4 at 9:51 am

Property Features for 7721 South Colfax Avenue

General Information

Standard status
Active
Property subtype
Multi Family 5+ / Multi Family 5+-Other

Building Details

Year Built
1910

Listing office 33 Realty

Listing date Jan 26, 2026

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of 33 Realty


Investment Insights

Based on property information with market context.

The property at 7721 S Colfax Avenue is a 9-unit multifamily building situated in the South Shore neighborhood. This property offers investors the potential for strong cash flow in a market with limited supply. The building presents an opportunity to acquire an income-generating multifamily asset.

Key Highlights

  • 9‑unit multifamily building.
  • Located in South Shore.
  • Strong cash flow potential.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Dental Office Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Locksmith Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Nine-unit building in South Shore with income potential.
Where is this apartment building located?
The property is located at 7721 South Colfax Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 9‑unit multifamily building.; Located in South Shore.; Strong cash flow potential.
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