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7270 S South Shore Dr
Chicago, IL 60649 South Shore

$7,300,000 USD

Apartments For Sale  •  40,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 40,000 SF
  • Lot Size 0.48 AC
  • Building Class B
  • Year Built 1920
  • Zoning RM-6
62 Transit Score
66 Walk Score

Highlights

All-Electric Building: With tenant-paid electric baseboard heating, operational costs for the owner are minimized.
Parking: The property includes 18 dedicated surface parking spaces with the potential to expand to 22.
Laundry Facilities: Equipped with ten credit card operable laundry machines.
Elevator Service: The building is serviced by two upgraded elevators, one for passengers and one for freight.
Assumable Financing: The property benefits from an assumable loan with a balance of $3,808,690, locked in at a low 3.12% interest rate.
Prime Location: The property is situated in the vibrant South Shore neighborhood of Chicago, just a 15-minute drive from the Loop.

Amenities

  • Controlled Access
  • Property Manager on Site
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Gresham Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 20 min - 6.3 mi
Brainerd Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 23 min - 7.1 mi
Transit/SubwayDriveWalkDistance
South Shore Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 7 min 0.3 mi
Windsor Park Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 10 min 0.5 mi
Bryn Mawr Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min 18 min 0.9 mi
Cheltenham Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min 19 min 1.0 mi
AirportDriveWalkDistance
Chicago Midway International 29 min - 16.6 mi
Chicago O'Hare International 40 min - 28.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Tony Hardy 312-863-8990 Midwest Investment Advisors
Tony Hardy 312-863-8990 Midwest Investment Advisors