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  • $130,000

    8058 S Coles Ave, Chicago, IL 60617

    3beds
    --sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $256,600 Zestimate®
    $--/sqft
    $1,491 Estimated rent

    Home value

    $256,600

    $203,000 - $310,000

    $1,491/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    James Salazar 708-203-0331,

    Keller Williams ONEChicago

    Bought with:

    James Salazar

    Keller Williams ONEChicago

    Source: MRED as distributed by MLS GRID,MLS#: 12139468MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Forced Air, Space Heater
    Features
    • Windows: Screens
    • Basement: None

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, On Site, Garage Owned, Detached
    • Garage spaces: 4
    Features
    • Fencing: Fenced
    Lot
    • Size: 6,200 Square Feet
    • Dimensions: 50X124
    • Features: Corner Lot
    Details
    • Parcel number: 21312130460000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Park, Pool, Lake, Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $179,010
    • Annual tax amount: $2,406
    • Date on market: 8/15/2024
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/3/2025Sold$130,000-18.8%
    Source: MRED as distributed by MLS GRID #12139468 Report a problem
    12/26/2024Pending sale$160,000
    Source: MRED as distributed by MLS GRID #12139468 Report a problem
    12/9/2024Contingent$160,000
    Source: MRED as distributed by MLS GRID #12139468 Report a problem
    11/3/2024Price change$160,000-8.6%
    Source: MRED as distributed by MLS GRID #12139468 Report a problem
    9/19/2024Listed for sale$175,000
    Source: MRED as distributed by MLS GRID #12139468 Report a problem
    9/12/2024Contingent$175,000
    Source: MRED as distributed by MLS GRID #12139468 Report a problem
    9/11/2024Listed for sale$175,000
    Source: MRED as distributed by MLS GRID #12139468 Report a problem
    8/31/2024Contingent$175,000
    Source: MRED as distributed by MLS GRID #12139468 Report a problem
    8/15/2024Listed for sale$175,000-39.4%
    Source: MRED as distributed by MLS GRID #12139468 Report a problem
    5/23/2008Listing removed$289,000
    Source: Century 21 #06623958 Report a problem
    5/8/2008Listed for sale$289,000
    Source: Century 21 #06623958 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $17,901 +56.9%
    2023$2,407 +2.6%$11,408
    2022$2,346 +2.3%$11,408
    2021$2,294 -13%$11,408 -3.6%
    2020$2,637 -3.5%$11,839 -13%
    2019$2,734 +1.7%$13,608
    2018$2,688 +16.4%$13,608 +26.8%
    2017$2,310 -28.1%$10,729 -33.1%
    2016$3,213 +72.3%$16,040 +57.6%
    2015$1,865 -33.1%$10,177 -32.2%
    2014$2,786 +2%$15,018
    2013$2,731 +1.4%$15,018
    2012$2,695 -11.7%$15,018 -20.3%
    2011$3,053 -0.4%$18,838
    2010$3,065 +4.4%$18,838
    2009$2,938 +261.3%$18,838 +232.4%
    2008$813 -18.2%$5,668 -19.1%
    2007$994 -60.8%$7,002 -60.4%
    2006$2,537 +37.9%$17,671 +57%
    2005$1,840 +1%$11,258
    2004$1,821 +28.4%$11,258 +25.6%
    2003$1,418 $8,961
    Find assessor info on the county website

    Neighborhood: South Chicago

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $256,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $256,600