South Shore Apartment Building
7109 S Bennett Ave, Chicago, IL 60649
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68-unit apartment building in Chicago's South Shore neighborhood.
Type:Multifamily
Property size:
48,915 SFPrice / SF:
$130/SF- Added:
- May 25, 2026
- Days on Market:
- 6
- Last Refresh:
- May 27 at 8:25 am
Property Features for 7109 S Bennett Ave
General Information
- Standard status
- Active
- Size
- 48,915 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1923
Listing agent Noah Birk License #IL 475.125864
Listing office Kiser Group (773) 293-5032
Listing date May 25, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group
HighLights
- Located in Chicago's South Shore, an active and appreciating lakefront neighborhood experiencing substantial growth.
- Proximity to Jackson Park, Lake Michigan, and the future Obama Presidential Center.
- Sixty‑eight (68) unit apartment building with a mix of 3Bd/2Ba, 2Bd/1Ba, and 1Bd/1Ba units.
- Approximately 60% of units are rent‑ready or currently occupied.
- Recent capital improvements include new electrical service, hot water tanks, porches, and individual furnaces.
- Opportunity to complete a partially renovated asset with value‑add potential through further renovations.
Overview
Located in Chicago’s South Shore neighborhood, approximately seven miles south of downtown, 7109 S. Merrill is a sixty-eight-unit apartment building. The property is situated blocks from Lake Michigan and the South Shore Cultural Center, and in close proximity to Jackson Park, the future Obama Presidential Library, and the Jackson Park Golf Course. The unit mix comprises nine 3-bedroom/2-bathroom units, fifty-two 2-bedroom/1-bathroom units, and seven 1-bedroom/1-bathroom units. The property is approximately 60% complete, with a majority of units either rent-ready or currently occupied. An additional 30% of units require moderate renovations, including flooring, furnaces, kitchens, and bathrooms, while roughly 10% of the units require full rehabilitation. The building also requires the installation of two rear porches and significant improvements to two common areas. Recent capital improvements include new electrical service, new hot water tanks, newly constructed porches, and individual furnaces throughout. The South Shore area has experienced substantial growth in recent years, fueled by ongoing development and investment in the surrounding community. The property is well-positioned to benefit from continued demand and long-term appreciation due to its proximity to Jackson Park, Lake Michigan, and the Obama Presidential Center. The property size is 48915 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.5789978
- Latitude
- 41.7656787
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 68-unit apartment building in Chicago's South Shore neighborhood.
Where is this apartment building located?
The property is located at 7109 S Bennett Ave Chicago, IL.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: Located in Chicago's South Shore, an active and appreciating lakefront neighborhood experiencing substantial growth.; Proximity to Jackson Park, Lake Michigan, and the future Obama Presidential Center.; Sixty‑eight (68) unit apartment building with a mix of 3Bd/2Ba, 2Bd/1Ba, and 1Bd/1Ba units.
