Chicago, IL 60649,7238 S South Shore DR
Chicago, IL 60649,7238 S South Shore DR
Chicago, IL 60649,7238 S South Shore DR
20
$555,000
$549,900
0.9%
Est.Price: ?

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7,134 SqFt

7238 S South Shore DR Chicago, IL 60649

Est. payment /mo
SOLD DATE : 10/18/2023

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Key Details

Sold Price $555,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 7,134 sqft

Price per Sqft $77

MLS Listing ID 11697543

Sold Date 10/18/23

Maintenance Fees $8,500

Year Built 1921

Annual Tax Amount $4,826

Tax Year 2021

Lot Dimensions 50 X 183

Property Sub-Type Multi Family 5+

Property Description

As is, where is We heard you were looking for inventory in the South Shore Area. Stop the Car and take a look at this Multi-Family Legacy Builder! Conveniently located in the epicenter of the Historic South Shore Community, within walking distance to the South Shore Golf Course, the Lake/Beach, and a quick bike ride to The Obama Presidential Center. This is the one you have been waiting for all year! The interior includes (3) Four Bedroom/3 Bath Units at Approximately 2,500 sq. ft. each. (1) Two Bedroom /1 Bath Unit with a 2 Bedroom/1 Bath Coach House over Brick 3 Car Garage. Did we mention the 5 additional outdoor parking spaces to maximize additional monthly rental income. Great Building for a future Condo Conversion if the new Buyer is willing to put in the necessary effort. One great asset: All Living rooms are facing Lake Michigan with an elegant east view and in the upper unit there is no obstruction to the Lake. Whether you are interested in Renting out all units (at market Rent) or staying onsite this is surely not a building that you want to pass up. The building has so many possibilities and with your time, creativity, and proper consultation (which we can provide) it can truly be your Legacy Builder. FYI: Initial showing will be for one unit (minimum) and upon an accepted offer a full tour will be provided! NOTE: Tenants are all M2M and the building has ONLY one vacant unit (4bed/3bath) and the Coach House is also occupied.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

Utilities Available Sanitary Sewer, Water-Municipal

Roof Type Rubber

Building

Level or Stories 4

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Cassandra Sneed • EXIT Strategy Realty
Bought with Naomi Scully • Diamond Rock Partners LLC

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agent

Valorie Schmidt

Broker Associate | License ID: 44275

+1(847) 624-5368

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