Multifamily Investment Opportunity in
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7733 S South Shore Dr, Chicago, IL 60649
Two-asset, 117-unit multifamily portfolio in Chicago's South Shore neighborhood.
Property Size50,500 SF
Price / SF$144.36
Days on Market170
Property Features for 7733 S South Shore Dr
General Information
Standard status
Active
Size
50,500 SF
Property subtype
Multifamily
Building Details
Year Built
1971
Year Renovated
2018
Buildings
1
Stories
5
Units
65
Listing Agency:
MMG Real Estate Advisors
Listed By:
Bryan Sullivan · License #475.104187
Source:
Crexi
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 22 at 3:02PM
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. The properties are located one block from Lake Michigan beaches and less than 15 minutes from Chicago’s central business district. The location provides lakefront access, transit connectivity, and proximity to long-term demand drivers. Situated south of Hyde Park and the University of Chicago, the portfolio is positioned to capture renter demand fueled by higher education, healthcare, and the Quantum Shore Chicago Site and the Obama Presidential Library developments. The portfolio offers an opportunity to acquire scale in a supply-constrained submarket with economic momentum. The property size is 50500 square feet.
Key Highlights
- 117‑unit multifamily investment opportunity in Chicago's South Shore neighborhood.
- 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
546
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 - Two-asset, 117-unit multifamily portfolio in Chicago's South Shore neighborhood.
Where is this apartment building located?
The property is located at 7733 S South Shore Dr Chicago, IL.
What is the asking price?
The asking price for this property is $7,290,000.
What are key features of this property?
This property features: 117‑unit multifamily investment opportunity in Chicago's South Shore neighborhood.; Located one block from Lake Michigan beaches.; Less than 15 minutes from Chicago's central business district.
