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Image 1 - 7941 South Coles Avenue, Chicago, IL 60617, USA - Duplex for sale

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Residential Income

7941 South Coles Avenue, Chicago, IL 60617, USA

Residential Income

duplex for sale

34 views

Listed: 02/13/23

7941 South Coles Avenue, Chicago, IL 60617, USA

5 Bed:

1 Bath:

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Price

$ 199,000

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About This Duplex

2-unit in South Chicago just two blocks away from Lake Michigan/Rainbow Beach is available for a new owner! Enjoy the perks of a 2-car garage, finished basement with washer/dryer hook-up, fenced yard and a large deck that's ideal for grilling and entertaining. The first floor has 2-bedrooms/1 bathroom and is tenant-occupied. The second floor is vacant with 3 bedrooms, 2 bathrooms and it is duplexed to the top floor. It has two landings that would bePERFECTfor an office space or additional storage. Potential rental income is$2, 050. ** These are photos of the second floor. First floor unit has similar layout without the duplex. Second floor was recently vacated and will be painted.**

Amenities

This duplex has a spectacular relaxation spot - a deck Roof Deck

Property Also Includes

Parking
Storage
Washer
Heating Forced Air

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The Bush Housing & Living

Household Income

Median household income: $57,238

Number of households: 1,1M

The average household income in Chicago, IL grew from $55,295 to $57,238 in the past year. This data is an estimate based upon 1,1M households in Chicago, IL.
The chart below presents how household income is distributed in Chicago, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chicago, IL compared to median property taxes around the country. The prevalent amount of property taxes in Chicago, IL equals $3k+ , which is more than the national average.

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