7419 S Coles Ave
Chicago, IL 60649
4 Beds2 Baths2,990 Sq Ft9 Days on Market
Upcoming Open Houses
Sunday 3/23
01:00pm - 02:30pm
Sunday 3/30
01:00pm - 02:30pm
Listing Agent & Comments
Phenomenal South Shore Multi-Family Gem - A Rare Find with Lake Views! An exceptional opportunity awaits in South Shore! This well-maintained, expansive 2-Flat exudes authentic charm and character, making it a perfect fit for an owner-occupant looking to build long-term equity or an investor seeking strong cash flow potential in one of Chicago's most sought-after neighborhoods. Each of the two legal units boasts formal living and dining areas + a sitting area, generously sized bedrooms with high ceilings, and striking coffered ceilings in the primary bedrooms. Kitchens are spacious enough to accommodate an eatery, and each unit features a full-size bathroom. The partially finished basement, featuring 7+ ft ceiling height, front and rear entry access, and ample space, presents an opportunity for a third-unit build-out or a duplex-down expansion. Alternatively, the space can be converted for storage and coin laundry to add passive income. Recent upgrades include a newer fully fenced backyard, a newer garage with a freshly poured concrete parking slab, and a recently improved rear porch offering second-level lake views. This property offers tremendous built-in equity and high rental upside that can be realized with just the right amount of TLC! Fully renovated 2-unit comps appraise at $431,333+, while converting the basement into an additional unit or duplexing down the first-floor unit could push valuations to $661,750+! Renovated 2-bed units in the area rent for $1,900+ per month! The spacious unit layouts allows for dining rooms to be converted into additional bedrooms, further increasing rental income potential, 3-bed units can generate $2,300+ per month! Conveniently located steps away from the lake, parks, shopping, dining, public transit, and major expressways, this property sits near the soon-to-be-completed Obama Presidential Library and a wave of exciting South Shore developments, making it primed for massive appreciation. Property sold as-is. Schedule your showing today and secure your piece of South Shore's future!
MLS# MRD12292831 • Data provided by MRED as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Living Area | 2,990 Sq.Ft. |
---|---|
Lot Size | 6,930 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 2 |
Stories | 2 |
Year Built | 1909 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by MRED as distributed by MLS Grid.
This property is missing data for:
Comparable properties, forecast, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard
7419 S Coles Ave., Chicago, IL 60649
Multifamily4 Beds2 Baths2,990 Sq Ft9 Days on Market
Upcoming Open Houses
Sunday 3/23
01:00pm - 02:30pm
Sunday 3/30
01:00pm - 02:30pm
Listing Agent & Comments
Phenomenal South Shore Multi-Family Gem - A Rare Find with Lake Views! An exceptional opportunity awaits in South Shore! This well-maintained, expansive 2-Flat exudes authentic charm and character, making it a perfect fit for an owner-occupant looking to build long-term equity or an investor seeking strong cash flow potential in one of Chicago's most sought-after neighborhoods. Each of the two legal units boasts formal living and dining areas + a sitting area, generously sized bedrooms with high ceilings, and striking coffered ceilings in the primary bedrooms. Kitchens are spacious enough to accommodate an eatery, and each unit features a full-size bathroom. The partially finished basement, featuring 7+ ft ceiling height, front and rear entry access, and ample space, presents an opportunity for a third-unit build-out or a duplex-down expansion. Alternatively, the space can be converted for storage and coin laundry to add passive income. Recent upgrades include a newer fully fenced backyard, a newer garage with a freshly poured concrete parking slab, and a recently improved rear porch offering second-level lake views. This property offers tremendous built-in equity and high rental upside that can be realized with just the right amount of TLC! Fully renovated 2-unit comps appraise at $431,333+, while converting the basement into an additional unit or duplexing down the first-floor unit could push valuations to $661,750+! Renovated 2-bed units in the area rent for $1,900+ per month! The spacious unit layouts allows for dining rooms to be converted into additional bedrooms, further increasing rental income potential, 3-bed units can generate $2,300+ per month! Conveniently located steps away from the lake, parks, shopping, dining, public transit, and major expressways, this property sits near the soon-to-be-completed Obama Presidential Library and a wave of exciting South Shore developments, making it primed for massive appreciation. Property sold as-is. Schedule your showing today and secure your piece of South Shore's future!
MLS# MRD12292831 • Data provided by MRED as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Living Area | 2,990 Sq.Ft. |
---|---|
Lot Size | 6,930 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 2 |
Stories | 2 |
Year Built | 1909 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by MRED as distributed by MLS Grid.
This property is missing data for:
Comparable properties, forecast, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard
7419 S Coles Ave
Chicago, IL 60649
4 Beds2 Baths2,990 Sq Ft9 Days on Market
Upcoming Open Houses
Sunday 3/23
01:00pm - 02:30pm
Sunday 3/30
01:00pm - 02:30pm
Listing Agent & Comments
Phenomenal South Shore Multi-Family Gem - A Rare Find with Lake Views! An exceptional opportunity awaits in South Shore! This well-maintained, expansive 2-Flat exudes authentic charm and character, making it a perfect fit for an owner-occupant looking to build long-term equity or an investor seeking strong cash flow potential in one of Chicago's most sought-after neighborhoods. Each of the two legal units boasts formal living and dining areas + a sitting area, generously sized bedrooms with high ceilings, and striking coffered ceilings in the primary bedrooms. Kitchens are spacious enough to accommodate an eatery, and each unit features a full-size bathroom. The partially finished basement, featuring 7+ ft ceiling height, front and rear entry access, and ample space, presents an opportunity for a third-unit build-out or a duplex-down expansion. Alternatively, the space can be converted for storage and coin laundry to add passive income. Recent upgrades include a newer fully fenced backyard, a newer garage with a freshly poured concrete parking slab, and a recently improved rear porch offering second-level lake views. This property offers tremendous built-in equity and high rental upside that can be realized with just the right amount of TLC! Fully renovated 2-unit comps appraise at $431,333+, while converting the basement into an additional unit or duplexing down the first-floor unit could push valuations to $661,750+! Renovated 2-bed units in the area rent for $1,900+ per month! The spacious unit layouts allows for dining rooms to be converted into additional bedrooms, further increasing rental income potential, 3-bed units can generate $2,300+ per month! Conveniently located steps away from the lake, parks, shopping, dining, public transit, and major expressways, this property sits near the soon-to-be-completed Obama Presidential Library and a wave of exciting South Shore developments, making it primed for massive appreciation. Property sold as-is. Schedule your showing today and secure your piece of South Shore's future!
MLS# MRD12292831 • Data provided by MRED as distributed by MLS Grid
HouseCanary, Inc. Brokerage
Living Area | 2,990 Sq.Ft. |
---|---|
Lot Size | 6,930 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 2 |
Stories | 2 |
Year Built | 1909 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by MRED as distributed by MLS Grid.
This property is missing data for:
Comparable properties, forecast, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard