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    7801 South Shore Drive Chicago, IL 60649

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    Claim this Listing
    For Sale
    $2,895,000

    MULTI_FAMILY - Chicago, IL

    Lot size:
    0.39 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    66
    Last Refresh:
    May 4 at 10:06 am

    Property Features for 7801 South Shore Drive

    General Information

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

    We can help!

    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

    • Map
    • Local Demand
    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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