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7801 South Shore Drive Chicago, IL 60649

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For Sale
$2,895,000

MULTI_FAMILY - Chicago, IL

Lot size:
0.39 Acres
Added:
Feb 27, 2026
Days on Market:
47
Last Refresh:
Apr 15 at 6:06 pm

Property Features for 7801 South Shore Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
49
Bathrooms
32
Rooms
Bathroom 30, Bathroom 18, Bedroom 40, Bedroom 13, Bathroom 19, Bedroom 14, Bedroom 1, Bathroom 27, Bedroom 32, Bedroom 29, Bedroom 44, Bedroom 17, Bedroom 35, Bedroom 42, Bedroom 43, Bedroom 45, Bedroom 20, Bedroom 41, Bathroom 2, Bathroom 7, Bathroom 13, Bathroom 15, Bedroom 21, Bedroom 39, Bedroom 4, Bedroom 30, Bedroom 31, Bathroom 29, Bathroom 10, Bathroom 5, Bathroom 26, Bedroom 27, Bathroom 1, Bathroom 17, Bedroom 22, Bedroom 6, Bedroom 15, Bedroom 7, Bathroom 9, Bathroom 32, Bathroom 8, Bathroom 12, Bedroom 37, Bedroom 5, Bedroom 48, Bedroom 34, Bedroom 3, Bedroom 46, Bedroom 38, Bathroom 24, Bathroom 4, Bedroom 26, Bathroom 28, Basement, Bedroom 24, Bathroom 3, Bathroom 11, Bathroom 16, Bedroom 9, Bedroom 49, Bedroom 12, Bathroom 31, Bathroom 22, Bathroom 20, Bedroom 25, Bedroom 33, Bathroom 23, Bedroom 16, Bedroom 11, Bathroom 25, Bedroom 2, Bedroom 28, Bathroom 6, Bedroom 18, Bedroom 36, Bedroom 10, Bedroom 23, Bedroom 19, Bathroom 14, Bedroom 8, Bathroom 21, Bedroom 47
Basement
Finished
Standard status
Active
APN
21304150280000
Lot size
0.39 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
39110

Utilities

Cooling system
Window Unit(s)

Building Details

Year built
1961
Floors in Building
4
Number of units
32
Building materials
Brick, Concrete

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Listing Contact
David McLennan
David McLennan

Listing agent David McLennan License #475165323

Listing office Pearson Realty Group 1000 N. MILWAUKEE AVE, Chicago, IL

Listing date Feb 27, 2026

MLS# 12579441 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

South Shore Multifamily Investment Opportunity

This is an attractive 32-unit brick building constructed in the 1960s, situated in the South Shore neighborhood. The unit mix includes 4 studios, 10 one-bedroom/one-bathroom units, 15 two-bedroom/one-bathroom units, and 3 three-bedroom/one-bathroom units. Renovations have been completed within the last 5-8 years, including the roof, porches, masonry/tuckpointing, and electrical systems. Each unit has been updated with bathroom and kitchen renovations during the same period. The building includes laundry facilities in the basement area and outdoor parking in the rear for 16-20 cars. The property is located a half-block from Rainbow Beach Park and Rainbow Beach on Lake Michigan. Public transportation is readily accessible, with the CTA 26, 6, 71, and N5 buses serving the location with north and south bound stops at 78th and S. South Shore Dr. It is also a short 2-block walk to the Metra Line (commuter rail) stop. The property is less than 3 miles from the University of Chicago, the new Obama Presidential Library, and the soon-to-be-renovated Jackson Park Golf course. Additionally, it is just 9 blocks from the campus of the soon-to-be-built, 1 million s.f. Illinois Quantum and Microelectronics Park and less than 11 miles to downtown Chicago. The lot size is 0.3874 acres. There is an assumable loan in place that will not adjust until 12-1-28, at which time it will float off SOFR.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Seniorlife Insurance Agency

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Chicago
County
Cook
State
Illinois
Longitude
-87.551076
Latitude
41.755246

FAQs

What type of property is this?
Apartment building - 32-unit building near Lake Michigan and upcoming developments.
Where is this apartment building located?
The property is located at 7801 South Shore Drive Chicago, IL.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: Assumable loan in place with an attractive rate that will not adjust until 12‑1‑28, then floats off SOFR.; Prime location in the booming South Shore, close to Rainbow Beach Park and Lake Michigan.; Updated units with renovated baths and kitchens.
More about this property
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