7329 S Coles Avenue
Chicago, IL 60649

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Description

We are pleased to share an excellent investment opportunity now available: a multi-unit property featuring five distinct apartments. The primary building contains three units: two three-bedroom apartments and a garden-level apartment with two bedrooms. The property also includes a separate coach house situated above a three-car garage, which contains the remaining two apartments. This property is complemented by a side drive and an oversized, fenced-in backyard. Schedule your private tour today.

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60649
• Year Built: 1922
• Stories: 3
• Units: 5 units
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Directions: East or West to 71st Steet then South on Coles to address
• Electric Expense: 384
• Fuel Expense: 408
• Gross Income: 41040
• Gross Rent Multiplier: 15.7
• Gross Scheduled Income: 41400
• Heat/Ventilation: Hot Water, Radiators, Steam
• Indoor Parking: 1-5 Spaces
• Information: 48-Hr Notice Required
• Insurance Expense: 9070
• Main Type: Commercial Sale
• Maintenance Expense: 497
• Operating Expense: 1006
• Other Expense: 460
• Outdoor Parking: Fenced, Parking On-Site, Parking-Street
• Tax Annual Amount: 10123.49
• Tax Year: 2024
• Tenant Pays: Electricity
• Total Annual Expense Source: Owner Projection
• Total Monthly Income: 3450
• Trash Expense: 342
• Virtual Tour Date: 2025-12-19T17:12:53
• Water Sewer Expense: 2333
• Water Source: Community Water