8106 S Coles Avenue, Chicago IL 60617
$200,000

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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!

Listed by Jasmine Bouyer for Real People Realty Inc | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

  • List Price $200,000
  • Property Taxes $3,217
  • Price/ Sq. Ft. Unavailable
  • Year Built 1953
  • Parking Type Garage
  • Buyer's Agent Commission 2.5%
  • Status Contingent

Rooms

  • Total Rooms 10
  • Basement P

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 71-80 Years
  • Exterior Construction Brick
  • Heating & Cooling Baseboard, Radiators
  • Units

  • Unit 1 Stove, Refrigerator
  • Unit 2 Stove, Refrigerator

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property South To South Shore Drive To 81st West To Coles
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 3217
  • Tax Year 2021
  • Parcel Identification Number 21312220230000

Utilities

  • Sewer Sewer-Publ

Explore South Chicago

In a community that once buzzed with the heavy production of US Steel (one of the country's major steel manufacturers), South Chicago is a neighborhood rich in history centered about industry and organized labor. Today, these former industrial areas near Lake Michigan are some of the last few fleeting frontiers for development in the city. Acres of land along South Chicago's lakefront have not yet been built up — begging the interest of commercial and residential developers who continue to push south in search of prime real estate property. The neighborhood is bordered to the west by the Chicago Skyway, providing the region with good transportation. Both public schools and private academies dot the area, affording families their choice of scholastic options.

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