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9-Unit Apartment Building
For Sale
Contact for pricing
Pending

7363 S Coles Ave, Chicago, IL 60649

Nine two-bedroom apartments with updated baths, hardwood floors, building improvements, and shared laundry access.

Property SizeContact for details
Days on Market146

Property Features for 7363 S Coles Ave

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 9 x 2BR/1BA
Multifamily Units 9

Additional Details

Cap Rate 9%

Amenities

laundry

Building Details

Buildings 1
Listing Agency: Kiser Group
Listed By: Aaron Sklar · License #IL 475161507
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 2 at 7:41AM

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 Kiser Group

Investment Insights

Based on property information with market context.

This Chicago apartment property contains 9 units, each configured with 2 bedrooms and 1 bathroom. Interior features include hardwood flooring throughout, along with updated bathroom tile and fixtures. Building improvements include updated electrical service and a recently coated roof, while laundry facilities are available to all residents.

The property is near Lake Michigan and Rainbow Beach Park, with public transportation options within walking distance. Lake Shore Drive is nearby, providing access to downtown Chicago in roughly fifteen minutes. The building has an in-place cap rate of 9%.

Key Highlights

  • 9‑unit apartment building with nine 2b/1ba units
  • Hardwood flooring throughout each apartment
  • Updated bathroom tile and fixtures

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply (Bike/Boat/Book/etc) Store HVAC Service Tech Support Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

932
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Nine two-bedroom apartments with updated baths, hardwood floors, building improvements, and shared laundry access.
Where is this apartment building located?
The property is located at 7363 S Coles Ave Chicago, IL.
What are key features of this property?
This property features: 9‑unit apartment building with nine 2b/1ba units; Hardwood flooring throughout each apartment; Updated bathroom tile and fixtures
(773) 293-5032 Call to check price and availability
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