Residential Income for Sale: 8058 S Coles, Chicago, IL 60617

3 beds
$160,000
$160,000
8058 S Coles, Chicago, IL 60617
3 beds
$160,000
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Price:
$160,000
$15,000 - 11/03/2024

Type Residential Income
Beds 3
Year Built 1925

City Chicago
County Cook
School District 299

MLS 12139468
Status Pending
Unlock the potential of this prime mixed-use property located in the thriving South Chicago neighborhood! This unique offering sits on a double lot, providing ample space for a variety of business opportunities and residential living. The property features a well-maintained space on the ground floor that is currently utilized as a local community place of worship. Future use is ideal for retail, office, or service-oriented businesses. With large windows that allow for excellent visibility and natural light, this versatile space is ready for your creative vision. The interior boasts an open layout, which can easily be customized to suit your needs. Above the commercial area, you'll find a spacious residential unit complete with 3 bedrooms and 1 bathroom. This charming apartment features an open comfortable living area, perfect for tenants or owner-occupants. Enjoy the convenience of separate entrances for both the commercial and residential sections, ensuring privacy and functionality. The expansive double lot offers plenty of outdoor space for potential expansion, parking, or landscaping. Imagine creating a patio area for outdoor dining or a garden oasis in the heart of the city! Located in a bustling community, this property is just steps away from the lakefront, local amenities, public transportation, and major roadways, providing easy access to downtown Chicago and surrounding neighborhoods. Whether you're looking to invest, start your own business, or generate rental income, this mixed-use property presents a fantastic opportunity. Don't miss out on this rare find in South Chicago-schedule your exclusive showing today and explore the possibilities this property has to offer! Conveyed as-is. Property taxes prorated at 100% of most recent full year tax bill. Buyer will assume any/all violations.

Room Features

Basement Description None

Lot & Building Features

Heating Forced Air, Space Heater, Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan
Lot Dimensions 50X124 ft

Community and Schools

Elementary School 299

Price History of 8058 Coles, Chicago, IL

Date Name Price Difference
11/03/2024 Price Adjustment $160,000 8.57%
12/31/1969 Listing Price $175,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Loris Ryan
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Keller Williams ONEChicago, James Salazar
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20%
1%
6.75%
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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8058 Coles (MLS #12139468) is a residential income listing located in Chicago, IL. This property was listed on 08/15/2024 and has been priced for sale at $160,000.

Nearby zip codes are 60619, 60638 and 60649.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams ONEChicago