← 7542 and 7656 S Colfax Ave, Chicago, IL 60649 · All properties

DESCRIPTION.md

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Property7542 and 7656 S Colfax Ave, Chicago, IL 60649
FolderREADME & Property Snapshot
KindText
Updated2026-07-07
Dropbox path00 - README & Property Snapshot/DESCRIPTION.md

What This File Appears To Be

Two triplex properties located in Chicago, Illinois. The first property at 7656 S Colfax Ave is a triplex built in 2008 consisting of three 3-bedroom, 2-bathroom units with approximately 1,150 sq ft each, with all three units currently in eviction status, including one delinquent unit owing $13,910. The second property at 7542 S Colfax Ave is a triplex built in 1921 consisting of two 3-bedroom, 1-bathroom units and one 4-bedroom, 1-bathroom unit with approximately 1,500 sq ft per unit, all renov

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Two triplex properties located in Chicago, Illinois. The first property at 7656 S Colfax Ave is a triplex built in 2008 consisting of three 3-bedroom, 2-bathroom units with approximately 1,150 sq ft each, with all three units currently in eviction status, including one delinquent unit owing $13,910. The second property at 7542 S Colfax Ave is a triplex built in 1921 consisting of two 3-bedroom, 1-bathroom units and one 4-bedroom, 1-bathroom unit with approximately 1,500 sq ft per unit, all renovated in 2016–2017. Unit 1 receives a CHA subsidy of $1,246 per month with payments currently withheld pending inspection, Unit 2 is leased at $1,290 per month from 02/17/2025 to 02/16/2026, and Unit 3 is in eviction.

## Current Occupancy and Rent Snapshot

- Source: Hemlane rent roll export dated 2026-07-02 for the 2026-06 monthly update.
- Occupancy: 2/3 units (66.7% Occupied).
- Current monthly rent: $1,260.00.
- Tenant names and other PII are intentionally excluded.