$4,900,000
7325 S Exchange Avenue
Chicago, IL, 60649
This attractive former Rainbow Beach Nursing Facility, located in the thriving South Shore neighborhood, offers 93 resident rooms with a variety of 1- to 4-bed layouts. The first floor includes a spacious reception area, staff offices, a main dining room with a large kitchen featuring walk-in coolers, two resident dining areas, outdoor activity spaces, an expansive rooftop deck, and two large parking lots accommodating up to 50 cars. This 66,000 sq ft property comprises a substantial 5-story building, built in 1998, along with multiple connected single-story buildings. Situated on Exchange Ave, it is just two blocks from the 71st Street Metra South Shore train stop and close to the lake, Rainbow Beach & Park, South Shore Beach and Golf Course, and Jackson Park Golf Course. This facility boasts an appealing combination of resident rooms and amenities.
Property Details
Price:
$4,900,000
MLS #:
MRD12203547
Status:
Closed (Aug 22, 2025)
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – South Shore
Listed Date:
Nov 4, 2024
Total Sq Ft:
66,000
Year Built:
1998
Schools
Interior
Exterior
Stories
5
Financial
Tax Year
2023
Taxes
$113,546
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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Current real estate data for Commercial in Chicago as of Apr 18, 2026
928
Commercial Listed
188
Avg DOM
$1,036,270
Avg List Price
Community
- Address7325 S Exchange Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60649
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Property Summary
- 7325 S Exchange Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $4,900,000 To schedule a showing of MLS#mrd12203547 at 7325 S Exchange Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
7325 S Exchange Avenue
Chicago, IL
