Chicago, IL 60649,7801 S South Shore DR
Chicago, IL 60649,7801 S South Shore DR
Chicago, IL 60649,7801 S South Shore DR
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$2,895,000
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7801 S South Shore DR Chicago, IL 60649

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12429665

Maintenance Fees $3,948

Year Built 1961

Annual Tax Amount $39,110

Tax Year 2023

Lot Dimensions 135X125

Property Sub-Type Multi Family 5+

Property Description

PRICE REDUCED for this attractive 1960's era, 32 unit brick building in great location in booming South Shore. Appealing unit mix of 4 studios, 10-1/1'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 it's just a short 2 block walk to the Metra Line (commuter rail) stop. Less than 3 miles to world renowned University of Chicago, the new Obama Presidential Library, the soon to be renovated Jackson Park Golf course, and just 9 blocks from the Campus of the soon to be built, 1 million s.f. Illinois Quantum and Microelectronics Park. Also, less than 11 miles to the center of downtown Chicago. New property management is in place and is working to stabilize rents. There is an ASSUMABLE loan in place at an attractive rate and it will not adjust until 12-1-28, at which time it will float off SOFR.

Location

State IL

County Cook

Area Chi - South Shore

Rooms

Basement Finished

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick,Concrete


Midwest Real Estate Data (MRED) IDX
Listed by David McLennan of  Pearson Realty Group 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Earhart Options for Knowledge Elementary School

    Public | KG - 6

  • 8

    McDowell Elementary School

    Public | KG - 5

  • 6

    Murray Elementary Language Academy

    Public | KG - 8

  • 5

    Ray Elementary School

    Public | PK - 8

  • 5

    Woodlawn Elementary Community School

    Public | PK - 6

  • 5

    Carnegie Elementary School

    Public | PK - 8

  • 5

    Harte Elementary School

    Public | PK - 8

  • 5

    Hoyne Elementary School

    Public | KG - 6

  • 5

    Marsh Elementary School

    Public | PK - 8

  • 4

    Black Magnet Elementary School

    Public | KG - 8

  • 4

    Warren Elementary School

    Public | PK - 8

  • 4

    Coles Elementary Language Academy

    Public | KG - 8

  • 3

    Univ of Chicago Charter Schools

    Public | PK - 12

  • 3

    Parkside Elementary Community Academy

    Public | PK - 8

  • 3

    Bouchet Math and Science Academy Elementary School

    Public | KG - 8

  • 3

    Burnham Elementary School

    Public | PK - 8

  • 3

    Taylor Elementary School

    Public | PK - 8

  • 2

    Madison Elementary School

    Public | KG - 8

  • 2

    South Shore Fine Arts Elementary School

    Public | PK - 8

  • 2

    O'Keefe Elementary School

    Public | KG - 8

Middle Schools 1
  • 0

    Camelot Safe Academy School

    Public | 6 - 12

High Schools 10
  • 8

    South Shore International College Prep High School

    Public | 12 - 12

  • 6

    Hyde Park Academy High School

    Public | 9 - 12

  • 3

    Chicago Vocational Career Academy High School

    Public | 9 - 11

  • 1

    Epic Academy High School

    Public | 9 - 12

  • 0

    Magic Johnson - Roseland High School

    Public | 9 - 12

  • 0

    School of Leadership High School

    Public | 11 - 12

  • 0

    Winnie Mandela High School

    Public | 9 - 12

  • 0

    Bowen High School

    Public | 9 - 12

  • 0

    Camelot Safe Academy High School

    Public | 9 - 12

  • 0

    St Francis de Sales High School

    Private | 9 - 12

School and business data provided by Attom Data.

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Michael Di Giovanni

Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

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7801 S South Shore DR