7528 S Coles Avenue Chicago IL 60649 MLS #MRD12445215

7528 South Coles Avenue is a well-maintained, six-unit multifamily property located in Chicago’s South Shore neighborhood-a rental-heavy market with strong occupancy fundamentals and steady tenant demand. This core asset features spacious 2-bedroom, 1-bathroom layouts averaging 900 square feet, offering both immediate cash ow and near-term upside through rent stabilization. Offered at $595,000 ($99,167 per unit), the asset delivers durable income performance with fullt occupancy. The property generates $79,344 in scheduled gross income (SGI) and $75,377 in collected gross income, supported by an average in-place rent of $1,102 compared to a market average of $1,300.