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$ 160,000
Est. payment /mo
Active Under Contract
8058 S Coles Avenue Chicago, IL 60617
3 Beds
UPDATED:
12/09/2024 06:08 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12139468
Bedrooms 3
Year Built 1925
Annual Tax Amount $2,406
Tax Year 2023
Lot Dimensions 50X124
Property Description
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.
Location
State IL
County Cook
Community Park, Pool, Lake, Curbs, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air, Space Heater
Fireplace N
Exterior
Exterior Feature Storms/Screens
Parking Features Detached
Garage Spaces 4.0
View Y/N true
Building
Lot Description Corner Lot, Fenced Yard
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by James Salazar • Keller Williams ONEChicago