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Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12509442MLS Provider

8231 S Coles AvenueChicago, IL 60617

Multi-Family · 4 Beds
$235,000 Active

8231 S Coles Avenue Overview

Time on Site:
239 days
Visits:
0

This versatile South Chicago 2-unit offers generous living space and untapped potential across all levels. Each unit features 2 bedrooms, 1 full bathroom, a large living room, and a spacious eat-in kitchen, providing a comfortable layout for residents or tenants. A finished attic offers additional space ideal for a home office, guest room, or creative studio, while the unfinished basement with new drain tile system and sump pump sets the stage for additional expansion or storage. Outside, enjoy an expansive yard perfect for entertaining or gardening, plus a covered front porch that adds charm and curb appeal. Separate utilities make this property especially attractive for investors or live-in owners looking for income-generating potential. Ideally located just steps from Lake Shore Drive, Rainbow Beach, South Shore Cultural Center, Russell Square Park, and Jackson Park, this property offers the best of South Side living with easy access to nature, recreation, and transit.

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8231 S Coles Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1913

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Chicago
  • Township: Hyde Park

Community/Development

  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $2,321.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 21312320130000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas
  • Rooms Total: 9

Exterior

Parking Information

  • Parking Features: Off Alley, Yes
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 127X25
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1

8231 S Coles Avenue Neighborhood

Community

60617 (Chicago) Demographics

37
Median Age
5,348
Population Density (per sq. mile)
28%
College Educated
$43,642
Estimated Median Income
16,451
Estimated Total Home Owners
12,722
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8231 S Coles Avenue Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8231 S Coles Avenue Market Data

Based on the last 30 days in this zip code

$215,942
Average List Price
$154
Average Price per Square Foot
36
Properties Sold
86
Average Days on Market
161
Properties for Sale
Calculations provided by Reliance Network

8231 S Coles Avenue History

Date Event Value Agent
6/12/2026Source: MRED Status Change
Active
6/7/2026Source: MRED Price Reduction
$235,000 -4.1%
6/7/2026Source: MRED Status Change
Price Change
6/1/2026Source: MRED Status Change
Active
5/27/2026Source: MRED Price Reduction
$245,000 -2.0%
5/27/2026Source: MRED Status Change
Price Change
11/7/2025Source: MRED Status Change
Active
11/2/2025Source: MRED Added to Database
November 02, 2025
6/5/2024Source: MRED Status Change
Closed
5/15/2024Source: MRED Status Change
Contingent
5/4/2024Source: MRED Status Change
Active
4/29/2024Source: MRED Status Change
Re-activated
3/18/2024Source: MRED Status Change
Pending
3/7/2024Source: MRED Status Change
Active