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2-Unit Duplex with Finished Attic
For Sale
$235,000

8231 S Coles Ave, Chicago, IL 60617

Separate utilities and finished attic space add flexibility for occupants or owners.

Property SizeContact for details
Days on Market305

Property Features for 8231 S Coles Ave

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

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

Taxes and HOA fees

Annual Taxes $2,321

Amenities

covered front porch
expansive yard
finished attic
unfinished basement

Building Details

Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Briana Cattledge · License #475191173
Source: Exprealty
Added: Nov 3, 2025 Changed: Sep 2 Last Checked: Aug 31 at 7:17PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This 2-unit duplex provides a consistent layout in both residences, with each offering 2 bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. A finished attic adds usable interior space, while the basement remains unfinished and includes a new drain tile system and sump pump. Separate utilities serve the property, and the exterior includes a covered front porch and a large yard suited to outdoor use.

The property is located at 8231 S Coles Ave in Chicago’s South Chicago area, near Lake Shore Drive, Rainbow Beach, the South Shore Cultural Center, Russell Square Park, and Jackson Park. Its proximity to these recreational and cultural destinations adds convenient access to the surrounding South Side community and transit.

Key Highlights

  • 2‑unit property with 2 bedrooms and 1 full bathroom in each unit
  • Finished attic provides additional usable interior space
  • Unfinished basement includes a new drain tile system and sump pump

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Skin Care Clinic Garden Center

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

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Separate utilities and finished attic space add flexibility for occupants or owners.
Where is this duplex located?
The property is located at 8231 S Coles Ave Chicago, IL.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 2‑unit property with 2 bedrooms and 1 full bathroom in each unit; Finished attic provides additional usable interior space; Unfinished basement includes a new drain tile system and sump pump
More about this property
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