8153 S South Shore Drive
Chicago, IL, 60617
$599,000
8 Beds
4 Baths
0 SqFt
0 Acres
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$599,000
8153 S South Shore Drive
Chicago, IL, 60617
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Beautifully maintained and recently updated 4-unit investment property located in the rapidly developing South Shore neighborhood! This solid brick building features four spacious 2-bedroom, 1-bathroom units, offering an excellent opportunity for both investors and owner-occupants seeking strong rental potential and long-term appreciation. Each unit offers hardwood floors, forced heating and central A/C, along with individual laundry hookups for added tenant convenience. Additional laundry hookups are also available in the basement. The property includes dedicated storage space in the basement for each unit, providing extra functionality and value for residents. Two units is currently rented and generating $1,550/month in rental income, giving the next owner immediate cash flow with additional upside potential. Investors will also appreciate the possibility to duplex-up the two second-floor units, creating larger units and increasing future value and rental income potential. Property is equipped with privately owned security cameras that can transfer with the sale. Situated near the exciting future developments taking place throughout South Shore, including the highly anticipated Quantum Shore project, this property is positioned in an area experiencing major investment and revitalization. Excellent opportunity to own a cash-flowing multi-unit property in one of Chicago’s emerging lakefront communities!

Property Details

Price:
$599,000
MLS #:
MRD12753612
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
chisouthchicago
Listed Date:
Sep 8, 2026
Year Built:
1918
Chi – South ChicagoChisouthchicago

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Vinyl Siding, Brick
Parking Features
Off Alley, Yes
Parking Spots
2
Parking Total
2

Financial

Tax Year
2023
Taxes
$3,587
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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 Multi Family in Chicago as of Sep 12, 2026
1,382
Multi Family Listed
81
Avg DOM
$527,254
Avg List Price

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Property Summary

    8153 S South Shore Drive Chicago IL is a Multi Family for sale in Chicago, IL, 60617. It is listed for $599,000 To schedule a showing of MLS#mrd12753612 at 8153 S South Shore Drive in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
8153 S South Shore Drive
Chicago, IL