32-Unit Brick Apartment
New
For Sale
$2,895,000
7801 South Shore Drive, Chicago, IL 60649
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.39 Acres
Days on Market3
Property Features for 7801 South Shore Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
49
Bathrooms
32
Full bathrooms
32
Rooms
Bedroom 42, Bedroom 15, Bathroom 1, Bathroom 32, Bathroom 14, Bedroom 29, Bedroom 47, Bedroom 32, Bedroom 12, Bathroom 6, Bedroom 49, Bathroom 15, Bathroom 19, Bedroom 37, Bedroom 10, Bedroom 35, Bathroom 3, Bedroom 43, Bathroom 23, Bathroom 4, Bedroom 48, Bedroom 25, Bedroom 17, Bedroom 2, Bathroom 26, Bedroom 19, Bathroom 21, Bathroom 16, Bedroom 38, Bathroom 31, Bathroom 17, Bathroom 20, Bedroom 8, Bathroom 2, Bedroom 1, Bathroom 5, Bedroom 16, Bedroom 11, Bedroom 24, Bedroom 21, Bathroom 10, Bathroom 18, Bedroom 6, Bedroom 20, Bedroom 22, Basement, Bedroom 33, Bathroom 29, Bedroom 3, Bedroom 5, Bathroom 8, Bedroom 40, Bedroom 44, Bathroom 24, Bedroom 4, Bedroom 7, Bedroom 18, Bedroom 23, Bedroom 36, Bedroom 28, Bathroom 27, Bedroom 39, Bedroom 45, Bathroom 9, Bedroom 9, Bedroom 46, Bathroom 7, Bathroom 13, Bedroom 13, Bathroom 12, Bedroom 27, Bedroom 34, Bedroom 26, Bathroom 22, Bedroom 14, Bathroom 25, Bathroom 11, Bedroom 31, Bedroom 41, Bathroom 30, Bedroom 30, Bathroom 28
Basement
Finished
Directions
north or south on S. South Shore Drive to 78th St. Property is on the SE corner of 78th and S. South Shore Drive.
Subdivision
CHI - South Shore
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)
Amenities
laundry in basement area
Building Details
Year built
1961
Floors in Building
4
Number of units
32
Building materials
Brick, Concrete
Buildings
1
Listing Agency:
Pearson Realty Group
Listed By:
David McLennan · License #475165323
(773) 325-2800
Added: Nov 4
Last Checked: Nov 6 at 1:06PM
MLS# 12801686
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.
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Investment Insights
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This 32-unit brick apartment property was built in 1961 and occupies 0.3874 acres. Its unit mix comprises 4 studios, 10 one-bedroom/one-bathroom units, 15 two-bedroom/one-bathroom units, and 3 three-bedroom/one-bathroom units. Kitchens and bathrooms were renovated in every apartment, and roof, porch, masonry, tuckpointing, and electrical work were completed within the past 5–8 years. Laundry is located in the basement, with outdoor parking behind the building for 16–20 cars.
The property is one-half block from Rainbow Beach Park and Rainbow Beach on Lake Michigan. CTA bus routes 26, 6, 71, and N5 serve the area, and the Metra commuter rail stop is a two-block walk away. The University of Chicago, Obama Presidential Library, Jackson Park Golf Course, and Illinois Quantum and Microelectronics Park are each within 3 miles; downtown Chicago is less than 11 miles away.
The property is one-half block from Rainbow Beach Park and Rainbow Beach on Lake Michigan. CTA bus routes 26, 6, 71, and N5 serve the area, and the Metra commuter rail stop is a two-block walk away. The University of Chicago, Obama Presidential Library, Jackson Park Golf Course, and Illinois Quantum and Microelectronics Park are each within 3 miles; downtown Chicago is less than 11 miles away.
Key Highlights
- 32 apartments: 4 studios, 10 1‑bedroom/1‑bathroom, 15 2‑bedroom/1‑bathroom, and 3 3‑bedroom/1‑bathroom units
- Roof, porches, masonry/tuckpointing, and electrical work completed within the last 5–8 years
- Renovated kitchens and bathrooms in every apartment
Property Analytics
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
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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
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Market
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated kitchens and baths throughout, plus basement laundry and rear parking.
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: 32 apartments: 4 studios, 10 1‑bedroom/1‑bathroom, 15 2‑bedroom/1‑bathroom, and 3 3‑bedroom/1‑bathroom units; Roof, porches, masonry/tuckpointing, and electrical work completed within the last 5–8 years; Renovated kitchens and bathrooms in every apartment
