REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 595,000
Est. payment | /mo
6,098 Sqft Lot
$ 595,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12445215
Maintenance Fees $2,400
Year Built 1925
Annual Tax Amount $3,922
Tax Year 2023
Lot Size 6,098 Sqft
Lot Dimensions 50 X 125
Property Sub-Type Multi Family 5+
Property Description
7528 South Coles Avenue is a well-maintained, six-unit multifamily property located in Chicago's South Shore neighborhood-a rental-heavy market with strong occupancy fundamentals and steady tenant demand. This core asset features spacious 2-bedroom, 1-bathroom layouts averaging 900 square feet, offering both immediate cash ow and near-term upside through rent stabilization. Offered at $595,000 ($99,167 per unit), the asset delivers durable income performance with fullt occupancy. The property generates $79,344 in scheduled gross income (SGI) and $75,377 in collected gross income, supported by an average in-place rent of $1,102 compared to a market average of $1,300.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ryan Blake • Nara Advisors, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
managingbroker@legacypropertiesil.com
2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA