Multifamily Investment Opportunity in
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7270 S South Shore Dr, Chicago, IL 60649
117-unit multifamily portfolio in Chicago's historic South Shore neighborhood.
Property Size36,461 SF
Price / SF$164.56
Days on Market157
Property Features for 7270 S South Shore Dr
General Information
Standard status
Active
Size
36,461 SF
Class
C
Property subtype
Multifamily
Building Details
Year Built
1970
Year Renovated
2018
Buildings
1
Stories
6
Units
52
Listing Agency:
MMG Real Estate Advisors
Listed By:
Bryan Sullivan · License #475.104187
Source:
Crexi
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 8 at 6:41AM
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 MMG Real Estate Advisors
Investment Insights
Based on property information with market context.
The South Shore Portfolio presents a multifamily investment opportunity, featuring 117 units across two assets in Chicago’s historic South Shore neighborhood. Situated one block from Lake Michigan beaches and less than 15 minutes from Chicago’s central business district, the properties benefit from lakefront access and strong transit connectivity. The location offers proximity to long-term demand drivers. Positioned south of Hyde Park and the University of Chicago, the portfolio is suited to capture renter demand fueled by higher education, healthcare, The Quantum Shore Chicago Site and the Obama Presidential Library. With capital improvements, attractive in-place yields, and value-add pathways, the South Shore Portfolio offers an opportunity to acquire scale in a supply constrained submarket with economic momentum. The property at 7270 S South Shore Dr can be purchased with 7733 S Shore Dr. The property size is 36461 square feet.
Key Highlights
- 117‑unit multifamily investment opportunity.
- Located one block from Lake Michigan beaches.
- Less than 15 minutes from Chicago's central business district.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
932
Businesses Nearby
Explore this area
Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 117-unit multifamily portfolio in Chicago's historic South Shore neighborhood.
Where is this apartment building located?
The property is located at 7270 S South Shore Dr Chicago, IL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 117‑unit multifamily investment opportunity.; Located one block from Lake Michigan beaches.; Less than 15 minutes from Chicago's central business district.
