IL
Cook
Chicago
60649
7528 S Coles Avenue
7528 S Coles Avenue, Chicago, IL 60649
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Listing Type
Commercial/Industrial
Listing Status
active
14
$595,000

Home Details for 7528 S Coles Avenue

Price
$595,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1925
Lot size acres
0.14
County
Cook
Garage
Days on site
35
MLS Listing#
12445215
Property Description

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.

Property Features
    Listing Courtesy: Nara Advisors, Inc - 773-770-3629
    Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 20:17:40. 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.
    Last Updated: 2025-09-03 20:17:40
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    Median Listing Price
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    Market statistics compiled from data from Midwest Real Estate Data.
    EXIT TRUE DESIGN REALTY
    11070 S. Western Ave. Suite 7, Chicago, IL 60643
    Office
    708 573 8801
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