7419 Coles Avenue, South Shore, Chicago, Illinois 60649
$395,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1909 |
| Property Taxes: | $2,964 |
| Days On Market: | 200 |
| Lot Size: | 0,00 |
Description
Phenomenal South Shore Multi-Family Gem - A Rare Find with Lake Views! An incredible opportunity awaits in South Shore with this well-maintained, expansive 2-flat, perfect for an owner-occupant looking to build long-term equity or an investor seeking strong cash flow in one of Chicago's most sought-after neighborhoods. Each legal unit features formal living and dining areas, a cozy sitting area, spacious bedrooms with high ceilings and striking coffered ceilings in the primary bedrooms, large kitchens with space for an eat-in area, and full-size bathrooms. The partially finished basement with 7+ ft ceiling height and front and rear entry access offers tremendous potential-convert it into a third unit, duplex down the first floor, or utilize it for storage and coin laundry to generate passive income. Recent upgrades include a brand-new back porch (2024) with second-level lake views, a newer fully fenced backyard, a newer garage with a freshly poured concrete parking slab, a roof replaced in 2017, and a brand-new boiler (2018) with a new hot water tank. Investment potential is massive, with fully renovated 2-unit comps appraising at $431,333+ and values reaching $661,750+ with a basement conversion, while 2-bed units rent for $1,900+/mo, and 3-bed layouts can generate $2,300+. Conveniently located steps from the lake, parks, shopping, dining, public transit, and major expressways, this property is also near the soon-to-be-completed Obama Presidential Library and South Shore developments, making it primed for future appreciation. Property sold as-is-schedule your showing today and secure your piece of South Shore's future!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1909 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12292831 | |
| 21301220060000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 21 Jul, 2025 | Sold | $395,000 | MRED MLS |
| 31 Mar, 2025 | Under contract | $375,000 | MRED MLS |
| 10 Mar, 2025 | Listed for sale | $375,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 6,930 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $2,964 |
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Listing Provided By
Straight-A Realty, LLC
