Center-Entranced Courtyard Apartment
For Sale
Contact for pricing
Pending
7800 S Colfax Ave, Chicago, IL 60649
36-unit apartment building with separate dining rooms and an on-site basement laundry with two washer/dryer sets.
Property SizeContact for details
Days on Market149
Property Features for 7800 S Colfax Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
36
Building Details
Tenancy
Multi
Listing Agency:
Kiser Group
Listed By:
Aaron Sklar · License #IL 475161507
(773) 293-5032
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Sep 5 at 8:41PM
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 Kiser Group
Investment Insights
Based on property information with market context.
This center-entranced courtyard apartment building includes 36 units total, made up of thirty-three 1-bedroom/1-bath apartments and three 3-bedroom/1-bath apartments. The 1-bedroom units feature separate living and dining rooms, as do the larger 3-bedroom units. Hardwood flooring runs throughout the apartments, and the building has been maintained with multiple recent and ongoing improvements.
Additional building updates include a new high-efficiency central boiler and hot water tanks, a high-efficiency hot water boiler, updated windows, a newer roof, and extensive masonry and tuckpointing. An on-site laundry facility is located in the basement and includes two sets of washers and dryers, providing convenient resident access.
The property is described as being one block from the neighborhood’s commercial corridor and within walking distance of Rainbow Beach.
Additional building updates include a new high-efficiency central boiler and hot water tanks, a high-efficiency hot water boiler, updated windows, a newer roof, and extensive masonry and tuckpointing. An on-site laundry facility is located in the basement and includes two sets of washers and dryers, providing convenient resident access.
The property is described as being one block from the neighborhood’s commercial corridor and within walking distance of Rainbow Beach.
Key Highlights
- 36‑unit, center‑entranced courtyard apartment building in Chicago’s South Shore
- Unit mix: 33 apartments with 1 bed/1 bath plus 3 apartments with 3 bed/1 bath
- All units feature separate living and separate dining rooms and hardwood flooring
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 36-unit apartment building with separate dining rooms and an on-site basement laundry with two washer/dryer sets.
Where is this apartment building located?
The property is located at 7800 S Colfax Ave Chicago, IL.
What are key features of this property?
This property features: 36‑unit, center‑entranced courtyard apartment building in Chicago’s South Shore; Unit mix: 33 apartments with 1 bed/1 bath plus 3 apartments with 3 bed/1 bath; All units feature separate living and separate dining rooms and hardwood flooring
