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$250,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
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This versatile South Chicago 2-unit offers generous living space and untapped potential across all levels. Each unit features 2 bedrooms, 1 full bathroom, a large living room, and a spacious eat-in kitchen, providing a comfortable layout for residents or tenants. A finished attic offers additional space ideal for a home office, guest room, or creative studio, while the unfinished basement with new drain tile system and sump pump sets the stage for additional expansion or storage. Outside, enjoy an expansive yard perfect for entertaining or gardening, plus a covered front porch that adds charm and curb appeal. Separate utilities make this property especially attractive for investors or live-in owners looking for income-generating potential. Ideally located just steps from Lake Shore Drive, Rainbow Beach, South Shore Cultural Center, Russell Square Park, and Jackson Park, this property offers the best of South Side living with easy access to nature, recreation, and transit.

Full Property Details for 8231 S Coles Ave

General

  • Price: $250,000
  • Taxes: $2,321 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12509442
  • Updated: 11/8/2025
  • Added to Site: 75 day(s) ago

Rental Information

  • Complex Features: Park, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Commuter Train

Parking

  • Total Spaces: 2
  • Parking Features: Off-Alley, Yes

Location

  • Area: CHI - South Chicago
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: 79TH ST TO EXCHANGE SOUTH TO 83RD ST E TO COLES N TO ADDRESSS 8231

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 1913
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 127 x 25
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1913
  • Tax Amount: $2,321
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 21312320130000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 8231 S Coles Ave —

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Schools serving 8231 S Coles Ave

School District:Chicago Public School District 299
NameGradesDistance
Sullivan Elementary School, Chicago, IL
8331 South Mackinaw Avenue, Chicago, IL 60617
K-80.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8231 S Coles Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/02/2025
Listed
$250,000
138.1%
MLS
6/03/2024
Sold
$105,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8231 S Coles Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,321
3%
$11,000
—
2022
$2,263
2%
$11,000
—
2021
$2,212
8%
$11,000
20%
2020
$2,043
-4%
$9,173
-13%
2019
$2,118
2%
$10,544
—
2018
$2,083
-37%
$10,544
-31%
2017
$3,287
7%
$15,268
—
2016
$3,058
9%
$15,268
—
2015
$2,798
45%
$15,268
47%
2014
$1,926
-16%
$10,383
-18%
2013
$2,297
1%
$12,632
—
2012
$2,267
—
$12,632
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8231 S Coles Avenue, Chicago, IL 60617 (MLS# 12509442) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 8231 S Coles Avenue is currently listed for $250,000 and was received on November 02, 2025. This property is listed by Briana Cattledge from our Hyde Park Office.Want to learn more about 8231 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.

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