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$203,000
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Property Description
Don't miss out on this fantastic investment opportunity! This property features two units, each boasting three bedrooms and one bathroom, perfect for maximizing rental income potential. With a fenced-in yard and a convenient two-car garage, tenants will appreciate the added comfort and security. Located near the lake and with easy access to transportation, this property offers both convenience and charm. The full unfinished attic provides additional storage space or potential for expansion. With a great Cap Rate, this property promises strong returns on investment. Sold AS-IS, this is your chance to seize a lucrative investment with minimal hassle. Currently occupied by long-term tenants on month-to-month leases, you can start generating income from day one. Don't let this opportunity slip away!
Full Property Details
Full Property Details for 8106 S Coles Ave
General
- Sold For: $203,000
- Taxes: $3,217 (2021)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12043962
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Total Spaces: 2
- Parking Type: Garage
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: South to South Shore Drive to 81st West to Coles
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Baseboard, Radiator(s)
Utilities
- Water: Public
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Partial
- Year Built: 1953
- Built Before 1978: Yes
- Remodeled/Updated: 2018
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.25
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3705
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1953
- Tax Amount: $3,217
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21312220230000
Listed by Real People Realty Inc
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Schools
Schools serving 8106 S Coles Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Sullivan Elementary School, Chicago, IL 8331 South Mackinaw Avenue, Chicago, IL 60617 | K-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
8106 S Coles Avenue, Chicago, IL 60617 (MLS# 12043962) is a Multi-Family property that was sold at $203,000 on October 15, 2024. Want to learn more about 8106 S Coles Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.


