7801 S South Shore Drive — Chicago, IL 60649
Active
Chicago, IL 60649

7801 S South Shore Drive

$2,895,000
0 beds · 0 baths
Listed at $2,895,000 90 days on market $39,110/yr taxes
01About this home

PRICE REDUCED for this attractive 1960's era, 32 unit brick building in great location in booming South Shore. Appealing unit mix of 4 studios, 10-1/1's, 15-2/1's and 3-3/1's. Roof, Porches, Masonry/Tuckpointing, and Electrical work done within last 5-8 yrs. Every unit updated with Bath and Kitchen reno during same period. Laundry in basement area and outdoor parking in rear for 16-20 cars. Located 1/2 block from Rainbow Beach Park and Rainbow Beach on the shore of beautiful Lake Michigan. The CTA 26, 6, 71, and N5 buses serve this location with both north and south bound stops at 78th and S. South Shore Dr, and it's just a short 2 block walk to the Metra Line (commuter rail) stop. Less than 3 miles to world renowned University of Chicago, the new Obama Presidential Library, the soon to be renovated Jackson Park Golf course, and just 9 blocks from the Campus of the soon to be built, 1 million s.f. Illinois Quantum and Microelectronics Park. Also, less than 11 miles to the center of downtown Chicago. New property management is in place and is working to stabilize rents. There is an ASSUMABLE loan in place at an attractive rate and it will not adjust until 12-1-28, at which time it will float off SOFR.

02Inside the home
03By the numbers
$2,895,000
List price
Square feet
Bedrooms
Bathrooms
1961
Year built
Lot size
Garage spaces
$39,110
Annual taxes
Multi Family 5+
Style
90
Days on market
04Features
Cooling
Window Unit(s)
Construction
BrickConcrete
05Neighborhood
  • Little Caesars 0.3 mi
  • Rainbow Beach Sub Shop 0.5 mi
  • L&G Restaurant 0.5 mi
  • Pepe's Mexican Restaurant 0.7 mi
  • Rocky's Pancake House 0.7 mi
  • McDonald's 0.8 mi
  • Citgo 0.4 mi
  • Save-A-Lot 0.7 mi
  • Citgo 0.8 mi
  • El Barakah Supermarket 0.8 mi
  • Citgo 0.8 mi
  • Citgo 0.8 mi
  • Rainbow Beach Park 700 ft
  • Russell Square Park 0.8 mi
  • Eckersall Park 1.0 mi
  • South Shore Cultural Center 1.2 mi
  • Hasan Park 1.3 mi
  • Rosenblum Park 1.4 mi
  • Urban Luxe Café 0.3 mi
  • Chef Sara's Cafe 0.9 mi
  • South Shore Brew 1.0 mi
  • Dulce's Café 1.4 mi
  • Heritage Cafe 1.4 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Feb 27, 2026
Listed for saleThis listing
Pearson Realty Group
$2,895,000
Sourced from MRED. Older events appear here as our history backfill completes.
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08See it for yourself

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09Similar homes
Listed by Pearson Realty Group · David McLennan · 312-925-7938
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12579441
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