For more information regarding the value of a property, please contact us for a free consultation.
7238 S South Shore DR Chicago, IL 60649
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Naomi Scully • Diamond Rock Partners LLC