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    11-Unit Multifamily Building Title is generated by Realmo AI

    7727 S Colfax Avenue, Chicago, IL 60649

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    Claim this Listing
    For Sale
    $549,900

    MULTI_FAMILY - Chicago, IL

    Added:
    Aug 19, 2025
    Days on Market:
    309
    Last Refresh:
    Jun 23 at 1:06 pm

    Property Features for 7727 S Colfax Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    14
    Bathrooms
    11
    Rooms
    Bathroom 11, Bathroom 5, Bathroom 7, Bedroom 6, Bedroom 9, Bedroom 2, Bedroom 12, Bathroom 3, Bedroom 7, Bedroom 13, Bathroom 10, Bedroom 1, Bathroom 2, Bedroom 5, Bathroom 8, Bedroom 11, Bathroom 9, Bedroom 10, Bathroom 4, Bathroom 6, Bathroom 1, Bedroom 4, Bedroom 14, Bedroom 8, Bedroom 3
    Standard status
    Active
    APN
    21303220080000

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    10999

    Building Details

    Year built
    1965
    Floors in Building
    3
    Number of units
    11

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    Listing Contact
    Finley Askin
    Finley Askin

    Listing agent Finley Askin License #471021038

    Listing office Chicago Real Estate Resources 800 W. Diversey Pkwy FL 3, Chicago, IL

    Listing date Aug 19, 2025

    MLS# 12450507 Listing URL

    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.

    HighLights

    • 11‑unit multifamily building (South Shore, Chicago) built in 1965
    • Unit mix includes (3) 2‑bedroom and (8) 1‑bedroom units
    • On‑site laundry room plus 11 exterior parking spaces
    • Property is currently vacant; each unit is in various stages of disarray and will need renovation
    • Mechanical systems are older but reported in working condition
    • Current porch violations reported

    Overview

    This vacant 11-unit multifamily building features a unit mix of eight one-bedroom apartments and three two-bedroom apartments. The property includes a dedicated laundry room and 11 exterior parking spaces on-site. Units are described as being in various stages of disarray and will require renovation. The mechanical systems are noted as older but currently in working condition, and the building has current porch violations.

    Located on the south side of Chicago in the South Shore neighborhood, the property is addressed at 7727 S Colfax Avenue, Chicago, IL 60649. With exterior parking available for residents and visitors, the site supports practical day-to-day operations while renovations are planned.

    The property is best suited for an investor or operator ready to renovate multiple units and address the stated porch violations. Because the building is already delivered vacant, an experienced buyer can plan for interior improvements across the existing one- and two-bedroom mix while leveraging the in-place laundry room and on-site parking to support future occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.561009
    Latitude
    41.754556

    FAQs

    What type of property is this?
    Apartment building - Vacant 11-unit building with one- and two-bedroom apartments, on-site parking, and an in-place laundry room.
    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 $549,900.
    What are key features of this property?
    This property features: 11‑unit multifamily building (South Shore, Chicago) built in 1965; Unit mix includes (3) 2‑bedroom and (8) 1‑bedroom units; On‑site laundry room plus 11 exterior parking spaces
    More about this property
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