Property Overview
Interra Realty is pleased to present exclusively for sale 7655 S Coles Ave. The subject property is a thirteen unit brick masonry building located in Chicago's historic South Shore neighborhood.
The unit mix is comprised entirely of two-bedroom apartments. Units feature spacious living areas with abundant natural light. A portion of the units have updated kitchens with newer cabinets, granite countertops and stainless steel appliances. The property includes seven parking spots on the private rear parking pad. The property offers the opportunity to acquire an asset with meaningful upside remaining in the rent roll, in an area that has experienced strong rent growth.
The property is located just one block from Rainbow Beach. Additionally, the property is just 3 blocks from the Windsor Park Metra Electric station, offering tenants convenient transit access.
Highlights
- Highly desirably South Shore location just two blocks from Lake Michigan
- Ideal unit mix comprised entirely of 2BD/1BA units
- Meaningful upside remaining in the rent roll
- Well maintained units, many of which have received cosmetic updates