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    Chicago Brick Two-Flat Investment Opportunity Title is generated by Realmo AI

    7223 S Coles Avenue, Chicago, IL 60649

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    Claim this Listing
    For Sale
    Under Contract
    $379,000

    MULTI_FAMILY - Chicago, IL

    Added:
    Apr 9, 2026
    Days on Market:
    63
    Last Refresh:
    Jun 10 at 2:06 pm

    Property Features for 7223 S Coles Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MULTI
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bedroom 7, Bathroom 2, Basement, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
    Parking
    2
    Parking features
    Assigned
    Window features
    Screens
    Basement
    Partially Finished, Full
    Standard status
    Active Under Contract
    APN
    21301070050000

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    3956

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas

    Building Details

    Year built
    1903
    Building materials
    Brick
    Roof type
    Flat

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    Listing Contact
    Samuel Razo

    Listing agent Samuel Razo

    Listing office Kale Realty 3323 W. Diversey Ave., Chicago, IL

    Listing date Apr 9, 2026

    MLS# 12605581 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Chicago brick 2‑flat built in 1903 with 7 bedrooms and 3 full bathrooms across two units
    • First‑floor unit: 3 bedrooms, 2 bathrooms; second‑floor unit: 3 bedrooms, 1 bathroom (tenant‑occupied, month‑to‑month)
    • Each unit includes its own washer and dryer plus separate utilities and central air
    • Major updates: new roof in 2024; HVAC and furnace systems for both units under 10 years; water heaters replaced in 2019 and 2022
    • Flat roof and public sewer service; heated with natural gas
    • Oversized fenced backyard with gazebo and sliding rear gate for added access

    Overview

    This classic Chicago brick two-flat is an income-producing property that offers a rare opportunity for investors or owner-occupants seeking strong upside potential. Located on an oversized lot in a quiet, character-filled pocket near the lakefront, this property combines space, charm, and location. The building features hardwood floors, decorative fireplaces, and spacious layouts. The first-floor duplex includes 3 bedrooms and 2 bathrooms with expanded living space. The second-floor unit has 3 bedrooms and 1 bathroom and is tenant-occupied on a month-to-month basis, providing immediate income potential. Each unit has its own separate washer and dryer. Major improvements include a new roof installed in 2024, HVAC and furnace systems for both units under 10 years old, and water heaters replaced in 2019 and 2022. Both units have separate utilities and central air. The large fenced backyard with gazebo offers outdoor entertaining space, complete with a sliding rear gate for easy access and added functionality. The property is near South Shore Golf Course, Lake Shore Drive, Jackson Park, South Shore Cultural Center, the Obama Center, 71st Street Beach, Rainbow Beach, Quantum Shore, Hyde Park, and provides easy access to Downtown Chicago.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.56268
    Latitude
    41.764757

    FAQs

    What type of property is this?
    Duplex - Classic Chicago two-flat with income potential near the lakefront.
    Where is this duplex located?
    The property is located at 7223 S Coles Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: Chicago brick 2‑flat built in 1903 with 7 bedrooms and 3 full bathrooms across two units; First‑floor unit: 3 bedrooms, 2 bathrooms; second‑floor unit: 3 bedrooms, 1 bathroom (tenant‑occupied, month‑to‑month); Each unit includes its own washer and dryer plus separate utilities and central air
    More about this property
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