Homes for sale - 7326 S Coles Avenue, Chicago, IL 60649

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Joanna Lewkowicz

joanna@boutiquehomerealty.com +1(708) 226-4848

$425,000

Est. payment - /mo

6 Beds

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UPDATED:

11/04/2024 06:06 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12199439

Bedrooms 6

Year Built 1908

Annual Tax Amount $2,789

Tax Year 2022

Lot Dimensions 50X199.3

Property Description

This exceptional property is a dream investment opportunity for savvy buyers, including investors, 203K, and renovation enthusiasts. Stepping into the foyer, you will be greeted by a captivating layout. The open and spacious first floor boasts an inviting eat-in kitchen with an island, a formal dining room, a living room, and a seating area. With one bedroom on the first floor and three on the second floor, including two luxurious master bedrooms sharing a Jacuzzi-equipped master bathroom, this property offers ample space and comfort. The original hardwood flooring, wood trim, three fireplaces, and three full bathrooms add to its allure. The finished basement features a recreational room with a fully functional kitchen, perfect for hosting guests. Situated near Lake Michigan, downtown, transportation, and walkable and bike trails, this property is a gem not to be missed. The building is zoned for RM-5, with six bedrooms: potentially 2 on the second floor, two on the first floor, and 2 bedrooms in the basement. Sold as-is, this property presents the perfect opportunity for buyers to build walls and install a kitchen on the 2nd floor to transform it into an income-generating asset, such as an Airbnb, with some dedicated effort. The seller has shared two detailed floor plans: one illustrates the current layout for a single-family home, while the other showcases the potential designs for deconversion. The opportunities for reimagining the space are limitless, inviting a variety of creative possibilities. Selling "As Is-Where-Is"

Location

State IL

County Cook

Community Park, Lake, Sidewalks, Street Lights, Street Paved

Zoning MULTI

Rooms

Basement Full, Walkout

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Porch

Garage Detached

Garage Spaces 1.0

Waterfront false

View Y/N true

Roof Type Flat

Building

Lot Description Fenced Yard

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Dawn Haley • ASAGA Realty & Housing Development

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Joanna Lewkowicz

Designated Managing Broker | Owner | 471.018027 471018027

+1(708) 226-4848 | joanna@boutiquehomerealty.com

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7326 S Coles Avenue Chicago, IL 60649

Joanna Lewkowicz

Joanna Lewkowicz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7326 S Coles Avenue