7326 South Coles Avenue

Chicago, IL 60649

$425,000
Price
6
Beds
3
Baths
3,888 Sq. Ft.
$109 / Sq. Ft.
3,888
Sq. Ft.
$109
per Sq. Ft.

Description

This exceptional property is a dream investment opportunity for savvy buyers, including investors, 203K, and renovation enthusiasts. Stepping into the foyer, you will be greeted by a captivating layout. The open and spacious first floor boasts an inviting eat-in kitchen with an island, a formal dining room, a living room, and a seating area. With one bedroom on the first floor and three on the second floor, including two luxurious master bedrooms sharing a Jacuzzi-equipped master bathroom, this property...This exceptional property is a dream investment opportunity for savvy buyers, including investors, 203K, and renovation enthusiasts. Stepping into the foyer, you will be greeted by a captivating layout. The open and spacious first floor boasts an inviting eat-in kitchen with an island, a formal dining room, a living room, and a seating area. With one bedroom on the first floor and three on the second floor, including two luxurious master bedrooms sharing a Jacuzzi-equipped master bathroom, this property offers ample space and comfort. The original hardwood flooring, wood trim, three fireplaces, and three full bathrooms add to its allure. The finished basement features a recreational room with a fully functional kitchen, perfect for hosting guests. Situated near Lake Michigan, downtown, transportation, and walkable and bike trails, this property is a gem not to be missed. The building is zoned for RM-5, with six bedrooms: potentially 2 on the second floor, two on the first floor, and 2 bedrooms in the basement. Sold as-is, this property presents the perfect opportunity for buyers to build walls and install a kitchen on the 2nd floor to transform it into an income-generating asset, such as an Airbnb, with some dedicated effort. The seller has shared two detailed floor plans: one illustrates the current layout for a single-family home, while the other showcases the potential designs for deconversion. The opportunities for reimagining the space are limitless, inviting a variety of creative possibilities. Selling "As Is-Where-Is"
  1. Listed by Dawn Haley • ASAGA Realty & Housing Development

Property Details for 7326 South Coles Avenue

Area
CHI - South Shore
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Heat/Fuel
Natural Gas
Zoning
MULTI
LISTING UPDATED: 11/11/2024 12:40 PM

Property Details for 7326 South Coles Avenue

StatusActive
MLS #12199439
Days on Market14
Taxes$2,789 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1908
Lot Size0.23 AC / 9,965 SF
CountyCook County

Building Information for 7326 South Coles Avenue

Stories-Residences3Year Built1908Building Size-Lot Size0.23 AC / 9,965 SF

Property Information for 7326 South Coles Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 5
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Lake, Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Whirlpool,Separate Shower
  • Basement Type: Full, Walkout
  • Bedrooms Possible: 6
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Foyer, Recreation Room, Utility Room-Lower Level
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • Exterior Property Features: Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2001
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Oversized Chicago Lot
  • Lot Dimensions: 50X199.3
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 7300
  • East Coordinate: 4000
  • West Coordinate: 0
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, FHA
  • Public Document Count: 5
  • Document Date: 2024-10-29T19:01:48
  • Photos Count: 28
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: NONE
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: NONE
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: NONE

Property History for 7326 South Coles Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7326 South Coles Avenue

Taxable ValueLand$12,250Additions$12,471Total$24,721
Tax Record2022$2,789 ($232 / month)
Home Facts
Baths3Total Finished SqFt3,206 SqFtAbove Grade Finished SqFt3,206 SqFtStories2Lot Size9,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1909CountyCOOKAPN21-30-112-036

Schools near 7326 South Coles Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Powell Elementary Paideia Community Academy
PublicPK to 8

Excel Academy - Woodlawn HS
Public9 to 12

South Shore Intl Col Prep High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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7326 South Coles Avenue is a multi-family home for sale in Chicago, IL 60649. This property was listed for sale on October 29, 2024 by ASAGA Realty & Housing Development, it's currently listed at $425,000. It has been on the market for a total of 14 days and was last sold on May 14, 2003. This listing's school district is Chicago Public Schools. Nearby schools include Powell Elementary Paideia Community Academy, Chicago Vocational Career Academy High School and Excel Academy - Woodlawn HS. 7326 South Coles Avenue is a 6-bed, 3-bath, 3,888 sqft multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ASAGA Realty & Housing Development

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/11/2024 12:40 PM. 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.