7528 South Coles Avenue, Chicago, IL

$595,000

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0.14

Acres

About 7528 South Coles Avenue

7528 South Coles Avenue is a well-maintained, six-unit multifamily property located in Chicago's South Shore neighborhood-a rental-heavy market with strong occupancy fundamentals and steady tenant demand. This core asset features spacious 2-bedroom, 1-bathroom layouts averaging 900 square feet, offering both immediate cash ow and near-term upside through rent stabilization. Offered at $595,000 ($99,167 per unit), the asset delivers durable income performance with fullt occupancy. The property generates $79,344 in scheduled gross income (SGI) and $75,377 in collected gross income, supported by an average in-place rent of $1,102 compared to a market average of $1,300.

Features of 7528 South Coles Avenue

MLS® # 12445215
Price $595,000
Bathrooms 0.00
Acres 0.14
Year Built 1925
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 7528 South Coles Avenue
Area CHI - South Shore
City Chicago
County Cook
State IL
Zip Code 60649

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 64
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNara Advisors, Inc
Contact Inforb@naraadvisors.com

Listing Map

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