7801 S South Shore Drive
Chicago, IL, 60649
$3,099,000
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0 Baths
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$3,099,000
7801 S South Shore Drive
Chicago, IL, 60649
MLS #MRD12429665 image #0MLS #MRD12429665 image #1MLS #MRD12429665 image #2MLS #MRD12429665 image #3MLS #MRD12429665 image #4MLS #MRD12429665 image #5MLS #MRD12429665 image #6MLS #MRD12429665 image #7MLS #MRD12429665 image #8MLS #MRD12429665 image #9MLS #MRD12429665 image #10MLS #MRD12429665 image #11MLS #MRD12429665 image #12MLS #MRD12429665 image #13MLS #MRD12429665 image #14MLS #MRD12429665 image #15MLS #MRD12429665 image #16MLS #MRD12429665 image #17MLS #MRD12429665 image #18MLS #MRD12429665 image #19MLS #MRD12429665 image #20MLS #MRD12429665 image #21MLS #MRD12429665 image #22MLS #MRD12429665 image #23MLS #MRD12429665 image #24MLS #MRD12429665 image #25MLS #MRD12429665 image #26MLS #MRD12429665 image #27MLS #MRD12429665 image #28MLS #MRD12429665 image #29MLS #MRD12429665 image #30MLS #MRD12429665 image #31MLS #MRD12429665 image #32MLS #MRD12429665 image #33MLS #MRD12429665 image #34MLS #MRD12429665 image #35MLS #MRD12429665 image #36MLS #MRD12429665 image #37MLS #MRD12429665 image #38
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.

Property Details

Price:
$3,099,000
MLS #:
MRD12429665
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – South Shore
Listed Date:
Jul 25, 2025
Year Built:
1961
Chi – South ShoreChi – South Shore

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick, Concrete

Financial

Maintenance Fee
$3,948
Net Operating Income
$228,014
Tax Year
2022
Taxes
$37,142
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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 Sep 05, 2025
1,067
Commercial Listed
165
Avg DOM
155
Avg $ / SqFt
$1,042,032
Avg List Price

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Property Summary

    7801 S South Shore Drive Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $3,099,000 To schedule a showing of MLS#mrd12429665 at 7801 S South Shore Drive in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7801 S South Shore Drive
Chicago, IL