Chicago, IL 60649 7635 S Coles Avenue
$225,000



7 more








Presented By: Sperry Van Ness
Home Details
Large brick California style apartment building with 7 parking spaces. Originally renovated to be sold as condominiums, there are 13 total units with separate tax PIN's. Great mix of 3, 2 & 1 Bedroom units averaging approximately 725 SF. The building was built in 1964 and renovated in 2015 and the units feature dishwashers, microwaves, granite counter tops, wood floors and modern bathrooms and are in good shape. There is room for new ownership to add a common laundry room in a large storage area. There are 7 parkings spaces that are currently offered for free to the tenants on a first come first serve basis. Units have wall Sleeves for tenant supplied air conditioners. Don't miss out on this great value-add opportunity. Property is subject to Auction. Bidding begins May 5, 2025 and ends May 7, 2025. List price is the starting bid.
Presented By: Sperry Van Ness
General for 7635 S Coles Avenue
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
ContingencyProperty to Close
CountyCook
DirectionsLake Shore Drive South to the transition to South Shore Drive, East on 71st St, South on Coles to 7635 on the East Side of the Street.
Electric Expense
Fuel Expense
Gross Income155040
Insurance Expense
Lot Size Square Feet10000
MLS AreaCHI - South Shore
MaintenanceExpense
Net Operating Income
Number Of Units Total13
Operating Expense0
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount8255.39
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense0
Water Sewer Expense0
Year Built1961
ZoningMULTI
Exterior for 7635 S Coles Avenue
Building Area Total11475
Lot Dimensions50 X 200
Lot Size Acres0.23
Additional Details
Price History
