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    8218 S Coles Avenue

    Chicago, IL 60617
    • $214,900
    • STATUS: Active Under Contract
    • ON SITE: 38 days
    • MLS #: 10855374
    Under Contract
    UPDATED: 27 min ago
    $214,900
    • 10
      BEDS
    • 0.07
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:

    School Ratings & Info

    Description

    Opportunity Knocks! Rare Legal 4-Unit Building with 3 Duplex Units and 2 of the Units with 3 Bedrooms is Ready for a New Owner! Spacious Building With Solid Cash-Flow History with Equity Upside for any Savvy Investor! Low Overhead due to Each Unit having Separate Utilities, so All Heat and Electric is Paid by the Tenant! Whole Building was Updated in 2015 Including Plumbing, Electric, Windows, Furnaces, Water Heaters, Etc. 3 Units are Turn-Key Ready for Tenants, One Unit has Some Grease Fire Damage from Previous Tenant and Needs Some Work Which is Accounted for in Asking Price and Provides Equity Upside Opportunity. Perfect and Desirable Location just a Short Walk to the Train Station, Parks, Shopping and Dining! Buy Today, Start Cash Flowing Tomorrow, Enjoy!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-20T18:51:22 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    8218 S Coles Avenue Chicago, IL 60617

    • Price: $214,900
    • Status: Active Under Contract
    • Updated: 27 min ago
    • MLS #: 10855374
    10
    Beds
    4
    Baths
    0
    ½ Baths
    0.07
    Acres
    1890
    Built
    Neighborhood:
    Chi - South Chicago
    County:
    Cook
    Area:
    Chi - South Chicago
    Property Description
    Opportunity Knocks! Rare Legal 4-Unit Building with 3 Duplex Units and 2 of the Units with 3 Bedrooms is Ready for a New Owner! Spacious Building With Solid Cash-Flow History with Equity Upside for any Savvy Investor! Low Overhead due to Each Unit having Separate Utilities, so All Heat and Electric is Paid by the Tenant! Whole Building was Updated in 2015 Including Plumbing, Electric, Windows, Furnaces, Water Heaters, Etc. 3 Units are Turn-Key Ready for Tenants, One Unit has Some Grease Fire Damage from Previous Tenant and Needs Some Work Which is Accounted for in Asking Price and Provides Equity Upside Opportunity. Perfect and Desirable Location just a Short Walk to the Train Station, Parks, Shopping and Dining! Buy Today, Start Cash Flowing Tomorrow, Enjoy!
    Exterior Features

    Cars 2 Exterior Building Type Aluminum SidingVinyl Siding Floor Unit1 1 Floor Unit2 1 Floor Unit3 2 Floor Unit4 2 Lot Dimensions 25X126 Lot Size Less Than .25 Acre Parking Space/S Parking On Site Yes Parking Ownership Owned Parking Spaces 2 Type Multi 4 Flat Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigerator Appliances Features Unit2 StoveRefrigerator Appliances Features Unit3 StoveRefrigerator Appliances Features Unit4 StoveRefrigerator Basement Full Basement Description Partially Finished Bedrooms Above Grade 10 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 3 Bedrooms Unit4 3 Full Baths In Building 4 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Fuel GasForced Air2+ Sep Heating Systems Rooms 17 Rooms Unit1 4 Rooms Unit2 5 Rooms Unit3 5 Rooms Unit4 5

    Property Features

    3 Br Un In Bldg YN Yes Additional Sales Information None Age 100+ Years Agent Owned Interest YN No Built Before1978 YN Yes Contingency Flag Attorney/Inspection Corporate Limits Chicago Elementary Sch Dist 299 General Information Commuter BusCommuter TrainInterstate Access High Sch Dist 299 Holds Earnest Money Yes Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 00/00 Lease Exp Date Mo Yr Unit2 00/00 Lease Exp Date Mo Yr Unit3 00/00 Lease Exp Date Mo Yr Unit4 00/00 New Construction No Ownership Fee Simple Possession Closing Recent Rehab YN Yes Rent Unit1 0 Rent Unit2 0 Rent Unit3 0 Rent Unit4 0 Sec Deposit Unit1 0 Sec Deposit Unit2 0 Sec Deposit Unit3 0 Sec Deposit Unit4 0 Sewer Sewer-Public Special Assessments No Special Service Area N Tax Year 2019 Taxes 2380.84 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Tenant Pays Unit4 ElectricGasHeat Total Units In Building 4 Township Hyde Park Water Lake MichiganPublic

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Properties.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-20T18:51:22 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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