Five-Unit Residential Income
For Sale
$650,000
7329 South Coles Avenue, Chicago, IL 60649
Five apartments are split between a three-unit main building and a coach house above a three-car garage.
Property SizeContact for details
Days on Market336
Property Features for 7329 South Coles Avenue
General Information
Standard status
Active
Property subtype
Multi Family 5+ / Multi Family 5+-Other
Net Operating Income
$3,888
Taxes and HOA fees
Annual Taxes
$10,123
Building Details
Year Built
1922
Stories
3
Listing Agency:
EXIT True Design Realty LLC
(708) 256-3484
Listed By:
Trudy Holmes · License #471019962
(708) 256-3484
Source:
Compass
Added: Sep 9, 2025
Changed: Aug 8
Last Checked: Jul 21 at 6:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT True Design Realty LLC
Investment Insights
Based on property information with market context.
This five-unit residential income property includes a primary building with three distinct apartments: two three-bedroom units and a garden-level two-bedroom unit. In addition, a separate coach house sits above a three-car garage and provides the remaining two apartments.
The property also features a side drive and an oversized, fenced-in backyard, offering outdoor space alongside convenient on-site access.
Overall, the configuration combines a small multifamily building with a detached second residence layout above the garage, supporting a cohesive multi-unit setup for rental use.
The property also features a side drive and an oversized, fenced-in backyard, offering outdoor space alongside convenient on-site access.
Overall, the configuration combines a small multifamily building with a detached second residence layout above the garage, supporting a cohesive multi-unit setup for rental use.
Key Highlights
- Five apartments total: 3 units in the main building and 2 apartments in a coach house above a 3‑car garage
- Main building unit mix: two 3‑bedroom apartments plus a garden‑level 2‑bedroom apartment
- Coach house above the 3‑car garage adds two additional apartments
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
932
Businesses Nearby
Explore this area
Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five apartments are split between a three-unit main building and a coach house above a three-car garage.
Where is this apartment building located?
The property is located at 7329 South Coles Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Five apartments total: 3 units in the main building and 2 apartments in a coach house above a 3‑car garage; Main building unit mix: two 3‑bedroom apartments plus a garden‑level 2‑bedroom apartment; Coach house above the 3‑car garage adds two additional apartments
