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8032 S Colfax Ave
Single Family
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$45,000

$10/sqft

8032 S Colfax Ave, Chicago

96% below median
2 bd·1 ba·4,353 sqft
Built 1915South Chicago

8032 S Colfax Ave, Chicago, IL

2 bd · 1 ba · 4,353 sqft Single Family listed at $45,000, built in 1915 in the South Chicago neighborhood.

About this home

Rehabbers/Investors - Check out this brick 2 bedroom 1 bath investment opportunity. Whether you're looking to flip, Rent, of Hold, this is a Great opportunity to add to your portfolio. Full Basement with flexible Space, Spacious Backyard, and Solid Brick construction. Sold 'AS IS' - No Disclosures Provided - No Survey Provided - Seller Financing Available. Buyer to assume any and all City of Chicago Violations. Don't miss this Incredible Investment opportunity !

Property details

Price
$45,000
Bedrooms
2
Bathrooms
1
Interior
4,353 sqft
Price / sqft
$10
Year built
1915
Type
Single Family
Days on market
157
Est. property tax
$936/yr · $78/mo · 2.08% IL avg
Last sold
$30,000 · Nov 1989

Estimated monthly payment

Down payment20% ($9,000)
Interest rate6.75%
Principal & Interest$233
Property Tax$41
Insurance$150
Total$425/mo

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Price history

30.8%Most recent change on 2026-03-05: $65,000$45,000.

$69K$48K$27K$30K on Nov 89 (Sold)$65K on Nov 25 (Initial list)$45K on Mar 26 (Price change)
$30K · Nov 89$45K · Mar 26
  1. Mar 5, 2026$45,000Price change
  2. Nov 19, 2025$65,000Initial list price
  3. Nov 9, 1989$30,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60617)

Median age is 36.8; 13% hold a bachelor's degree; 57% of homes are owner-occupied; median household income is $51,203.

Median income
$51,203
Median age
36.8
Owner-occupied
57.3%
Bachelor's degree
12.7%
Census median home value
$160,800

Source: US Census Bureau American Community Survey 5-year estimates.

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