7801 S South Shore Drive, Chicago, IL 60649

  • $3,099,000
  • $3,099,000
7801 S South Shore Drive, Chicago, IL 60649
For Sale
7801 S South Shore Drive, Chicago, IL 60649
  • $3,099,000
  • $3,099,000

Overview

Property ID: 24129591
  • Commercial Sale
  • Property Type
  • 1961
  • Year Built

Description

Attractive 1960’s era, 32 unit brick building in great location in booming South Shore. Appealing unit mix of 5 studios, 9-1/1’s, 15-2/1’s and 3-3/1’s. Roof, Porches, Masonry/Tuckpointing, and Electrical work done within last 5-8 yrs. Every unit updated with Bath and Kitchen reno during same period. Laundry in basement area and outdoor parking in rear for 16-20 cars. Located 1/2 block from Rainbow Beach Park and Rainbow Beach on the shore of beautiful Lake Michigan. The CTA 26, 6, 71, and N5 buses serve this location with both north and south bound stops at 78th and S. South Shore Dr, and the Metra Line (commuter rail) stop is just a short 2 block walk away. Less than 3 miles to world renowned University of Chicago, the new Obama Presidential Library, and the soon to be renovated Jackson Park Golf course, and less than 11 miles to the center of downtown Chicago. This property was in need of new management to stabilize rents, and they have just hired a new, top notch, management company.

  • Address 7801 S South Shore Drive
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60649
  • Country United States

Details

Updated on August 19, 2024 at 4:51 pm
  • Property ID: 24129591
  • Price: $3,099,000
  • Year Built: 1961
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: MRD12120478
  • Office Name: PEARSON REALTY GROUP
  • Agent Name: David McLennan
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD84674
  • List Agent MLSID: MRD876868
  • List Date: 2024-07-25T18:31:00.000Z
  • Cooling: Window Unit(s)
  • Tax Annual: 37142
  • Tax Year: 2022
  • County: Cook

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