Map of Property

7500 S South Shore Dr

For Sale

7500 S South Shore Dr, Chicago, IL 60649

This Chicago property for sale is located at 7500 S South Shore Dr. Contact the listing broker for details on the current sale price for 7500 S South Shore Dr. 7500 S South Shore Dr is situated on a lot that is 0.62 acre in size.

Contacts

broker
Finley Askin

Chicago Real Estate Resources

Property Details

  • Property Type Multi-Family
  • Property Size 96,660 SF
  • Units 150
  • Lot Size 0.62 Acre
  • Year Built 1949
  • Date Updated Feb 20, 2025
CRER is pleased to offer the opportunity to acquire the Jackson Park Portfolio consisting of three (3) multifamily properties located within Chicago’s South Shore neighborhood. 6916 S. Clyde Ave, Chicago, IL 60649 7038 S. Chappel Ave, Chicago, IL 60649 7500 S. South Shore Dr. Chicago, IL 60649 The portfolio consists of 208 units with a mix of (181) one bedroom, (13) two bedroom, (12) three bedroom, and (2) studio units. The apartments include spacious floor plans with updated kitchen and baths throughout. Capital improvements to the portfolio consist of updated electric/plumbing, newer windows, on-site laundry, and renovated units. Each building in the portfolio has a class 9 real estate tax designation which reduces tax assessments by 50%. The Jackson Park Portfolio also offers the opportunity for an investor to assume the existing loan with an interest rate of 4.16%. Unit Mix: (208) units total | (181) 1 bedroom, (13) 2 bedroom, (12) 3 bedroom, (2) Studios Assumable loan – 4.16% Class 9 Tax Designation Updated electric/plumbing Renovated units throughout (kitchens & baths) On-site laundry Pin: 20-24-415-014-0000, 20-24-421-018-0000, 21-30-201-026-0000, 21-30-201-027-0000CRER is pleased to offer the opportunity to acquire the Jackson Park Portfolio consisting of three (3) multifamily properties located within Chicago’s South Shore neighborhood. 6916 S. Clyde Ave, Chicago, IL 60649 7038 S. Chappel Ave, Chicago, IL 60649 7500 S. South Shore Dr. Chicago, IL 60649 The portfolio consists of 208 units with a mix of (181) one bedroom, (13) two bedroom, (12) three bedroom, and (2) studio units. The apartments include spacious floor plans with updated kitchen and baths throughout. Capital improvements to the portfolio consist of updated electric/plumbing, newer windows, on-site laundry, and renovated units. Each building in the portfolio has a class 9 real estate tax designation which reduces tax assessments by 50%. The Jackson Park Portfolio also offers the opportunity for an investor to assume the existing loan with an interest rate of 4.16%. Unit Mix: (208) units total | (181) 1 bedroom, (13) 2 bedroom, (12) 3 bedroom, (2) Studios Assumable loan – 4.16% Class 9 Tax Designation Updated electric/plumbing Renovated units throughout (kitchens & baths) On-site laundry Pin: 20-24-415-014-0000, 20-24-421-018-0000, 21-30-201-026-0000, 21-30-201-027-0000
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Getting around

  • 71/100

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  • 66/100

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  • 61/100

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Location

  • City Chicago, IL
  • Neighborhood South Shore
  • Zip Code 60649
  • Market Chicago

Points of Interest

  • Windsor Park

    0.18 miles

  • South Shore

    0.54 miles

  • 83rd Street

    1.09 miles

  • 87th Street

    1.59 miles

  • Stony Island

    1.63 miles

  • 63rd Street

    2.18 miles

  • South Chicago (93rd Street)

    2.34 miles

  • 55th-56th-57th Street

    2.73 miles

  • 51st-53rd Street (Hyde Park)

    3.23 miles

  • Garfield

    3.95 miles

  • GoLo

    0.25 miles

  • Amstar

    0.49 miles

  • Citgo

    0.78 miles

  • All Star

    0.82 miles

  • Fuel Star

    0.99 miles

  • Midwest

    1.03 miles

  • BP

    1.31 miles

  • Mobil

    1.34 miles

  • ChargePoint

    2.98 miles

  • Tesla Supercharger

    5.14 miles

  • 83rd Street Metra Park & Ride

    1.11 miles

  • Trailer Parking

    1.67 miles

  • Dorchester Parking Lot

    2.43 miles

  • 93rd St. (South Chicago) Station Parking Lot

    2.45 miles

  • Chapin Hall Parking Lot

    2.51 miles

  • Kimbark South Parking Garage

    2.56 miles

  • Lexington Parking Lot

    2.85 miles

  • Campus South Parking

    2.98 miles

  • Parking/Materials Management

    3.14 miles

  • Medical Campus Parking Garage A

    3.19 miles

  • South Shore Motel

    1.70 miles

  • East of the Ryan

    2.39 miles

  • Empire Motel

    2.48 miles

  • The Study at the University of Chicago

    2.62 miles

  • Skyway Motel

    2.65 miles

  • Stony Island Motel

    2.68 miles

  • Best Motel

    3.17 miles

  • Hyatt Place Chicago-South/University Medical Center

    3.19 miles

  • Sophy Hotel

    3.21 miles

  • Admiral Motel

    3.30 miles

  • Local Market Foods

    0.96 miles

  • Save-A-Lot

    1.06 miles

  • Cecy's Molino De Masa

    1.46 miles

  • Zees Supermarket Plus

    1.52 miles

  • Jewel-Osco

    1.57 miles

  • ALDI

    1.67 miles

  • La Fruteria

    1.90 miles

  • Macias Produce

    1.95 miles

  • El Guero

    2.06 miles

  • City Sports

    2.82 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Finley Askin

Chicago Real Estate Resources

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