new - 3 days on rocket

7326 S Coles Ave, Chicago, IL, 60649

$425,000

Home List Price

$5,047*

Closing Credit

6 Bedrooms
3 Baths
House

Location

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7326 S Coles Ave, Chicago$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage1 space
Year Built1908
HeatingNatural Gas
BasementYes
WaterfrontFencing
MLS #12199439
StatusActive
(New)

About 7326 S Coles Ave

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"

Property Details

Property Features

Property Information:

  • Year Built: 1908

Listing Office:

  • Office Name: ASAGA Realty & Housing Development
  • Office Phone: (708) 860-5700
  • Listing Agent: Dawn Haley

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Porch

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Fencing

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Chicago Vocational Career Academy High School, Public District Grades 9-11
  • Powell Paideia Community Academy Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Take Dusable Lake Shore Drive and head north or south until you reach 74th Street. Then, go west for 1 block until you reach Coles Street to the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000

Tax Information:

  • Annual Amount: $2,705
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$358.8K

Med. Price/SqFt

$259

Avg. Days On Market

30

# of Sold Homes

1710

7326 S Coles Ave vs Chicago

3 DAYS ON ROCKET

-27 Days

$425,000

+$66.1K More

KEY TAKEAWAY

This property is $66.1K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12199439

Listing Office:

  • Office Name: ASAGA Realty & Housing Development
  • Office Phone: (708) 860-5700
  • Listing Agent: Dawn Haley

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 3:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 14, 2003Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2019$2,705$20,320
2018$4,013$20,320
2017$4,235$19,674

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1173037
3
/10

  • Powell Paideia Community Academy Elementary School

  • 7511 S South Shore Dr

  • 0.21 miles

  • Public District Grades KG-8

High School

school-card-donut-1173038
1
/10

  • Chicago Vocational Career Academy High School

  • 2100 E 87th St

  • 1.75 miles

  • Public District Grades 9-11

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,314. Typical income of Chicago, IL residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7326 S Coles Ave

What is the listing price of this property?

The listing price of 7326 S Coles Ave property is $425,000.

What type of property is this?

The property 7326 S Coles Ave is a house located in Chicago, Illinois, 60649.

Is this property for sale now?

Active Listing: 7326 S Coles Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7326 S Coles Ave are:
Powell Paideia Community Academy Elementary School: GreatSchools Rating 3/10
Chicago Vocational Career Academy High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $2,705 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 14, 2003 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7326 S Coles Ave has 6 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 7326 S Coles Ave is 1908.

Rocket Homes›Illinois›Cook County›Chicago›60649›7326 S Coles Ave

This home is located at 7326 S Coles Ave in Chicago, IL and zip code 60649 in the South Shore neighborhood. This home was built in 1908. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $425,000.

Over 575 listings were sold over their listed price in September 2024 in Chicago, IL. In the same period over 826 listings were sold below the listed price and 308 listings were sold for the listed price. The number of homes for sale in Chicago, IL increased by 12.6% between August 2024 and September 2024. In September 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $358,841.

From Rocket Homes Real Estate and based on county public records data.

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