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$220,000
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Property Description
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
Full Property Details for 8231 S Coles Ave
General
- Sold For: $220,000
- Taxes: $2,321 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12509442
- Added to Site: 308 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 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
- Driving Directions: 79TH ST TO EXCHANGE SOUTH TO 83RD ST E TO COLES N TO ADDRESSS 8231
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21312320130000
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Schools
Schools serving 8231 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 | 0.3 mi |
Bowen High School 2710 East 89th Street, Chicago, IL 60617 | 9-11 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8231 S Coles Ave
Date
Details
Price
Change
Source
8/27/2026
Sold
$220,000
-6.38%
MLS
6/13/2026
Price Reduced
$235,000
-4.08%
MLS
5/27/2026
Price Reduced
$245,000
-2%
MLS
11/02/2025
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8231 S Coles Avenue, Chicago, IL 60617 (MLS# 12509442) is a Multi-Family property that was sold at $220,000 on August 27, 2026. This property was 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.


