1/1

$555,000

Sold
Closed
Commercial
7,134 Sq. Ft.
8 Parking Spaces

1/1

Property Description

As is, where is We heard you were looking for inventory in the South Shore Area. Stop the Car and take a look at this Multi-Family Legacy Builder! Conveniently located in the epicenter of the Historic South Shore Community, within walking distance to the South Shore Golf Course, the Lake/Beach, and a quick bike ride to The Obama Presidential Center. This is the one you have been waiting for all year! The interior includes (3) Four Bedroom/3 Bath Units at Approximately 2,500 sq. ft. each. (1) Two Bedroom /1 Bath Unit with a 2 Bedroom/1 Bath Coach House over Brick 3 Car Garage. Did we mention the 5 additional outdoor parking spaces to maximize additional monthly rental income. Great Building for a future Condo Conversion if the new

Full Property Details

Full Property Details for 7238 S South Shore Dr

General

Sold For: $555,000
Taxes: $4,826 (2021)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 11697543
Added to Site: 801 day(s) ago

Parking

Total Spaces: 8
Parking Features: 1 to 5 Spaces

Location

Area: CHI - South Shore
County: Cook
Driving Directions: South South Shore Drive to Address 7238 S South Shore Drive

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: Forced Air, Gas

Utilities

Onsite: Sanitary Sewer, Municipal Water

Structural Information

Construction: Brick
Exterior Const.: Brick
Foundation: Concrete Perimeter
Roof: Rubber
Stories/Levels: 4
Square Feet: 7,134
Current Bldg. Use: Multi-Family
Year Built: 1921
Built Before 1978: Yes

Lot Features

Lot Size (Sq. Ft.): 9,100
Lot Dimensions: 50 x 183
Frontage: City Street
Potential Use: Condominium, Multi-Family
Zoning: MULTI

Financial Considerations

Operating Expenses: $28,500
Assessment Year: 1921
Tax Amount: $4,826.19
Tax Year: 2021
Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

Property ID: 21301070400000

Listed by EXIT Strategy Realty
Sold by Diamond Rock Partners LLC

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— 7238 S South Shore Dr —

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Schools

Schools serving 7238 S South Shore Dr

School District:Chicago Public Schools

Rating	Name	Grades	Distance
	Adam Clayton Powell Paideia Community Academy Elementary School 7511 S South Shore Dr, Chicago, IL 60649	PK-8	0.4 mi
	Chicago Vocational Career Academy High School 2100 E 87th St, Chicago, IL 60617	9-12	2 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7238 S South Shore Dr

Date

Details

Price

Change

Source

10/18/2023

Sold

$555,000

0.93%

MLS

1/09/2023

Listed

$549,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

5331 W 24th Pl, Cicero, IL 60804 - Photo 1

Just Listed

$384,999

5331 W 24th Pl Cicero, IL 60804

Multi-Family
Active
Updated 23 hours ago

9
Total Beds

1633 S 58th Ave, Cicero, IL 60804 - Photo 1

Just Listed

$399,000

1633 S 58th Ave Cicero, IL 60804

Single Family
Active
Updated 21 hours ago

3
Beds
2
Total Baths
2,600
Sq. Ft.

2332 S 50th Ave, Cicero, IL 60804 - Photo 1

Just Listed

$385,000

Open House

2332 S 50th Ave Cicero, IL 60804

Multi-Family
Active
Updated 3 days ago

4
Total Beds

5060 W 31st St, Cicero, IL 60804 - Photo 1

Just Listed

$350,000

Open House

5060 W 31st St Cicero, IL 60804

Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
1,346
Sq. Ft.

5106 W 31st St, Cicero, IL 60804 - Photo 1

Price Reduced

-$2,000 (-2.06%)

$94,900

5106 W 31st St Cicero, IL 60804

Single Family
Active
Updated 20 hours ago

2
Beds
1
Total Bath
1,418
Sq. Ft.

1226 S 50th Ct, Cicero, IL 60804 - Photo 1

Price Reduced

-$11,999 (-4.62%)

$248,000

1226 S 50th Ct Cicero, IL 60804

Multi-Family
Active
Updated 1 day ago

5
Total Beds

3317 S 56th Ct, Cicero, IL 60804 - Photo 1

3317 S 56th Ct Cicero, IL 60804

Single Family
Active
Updated 22 hours ago

4
Beds
2
Total Baths
2,400
Sq. Ft.

2415 S 50th Ave, Cicero, IL 60804 - Photo 1

Price Reduced

-$15,000 (-3.95%)

$364,999

2415 S 50th Ave Cicero, IL 60804

Multi-Family
Active
Updated 1 day ago

5
Total Beds

7530 S Saginaw Ave, Chicago, IL 60649 - Photo 1

Sold

$615,000

7530 S Saginaw Ave Chicago, IL 60649

Commercial
Closed

7551 S South Shore Dr, Chicago, IL 60649 - Photo 1

Sold

$625,000

7551 S South Shore Dr Chicago, IL 60649

Multi-Family
Closed

9
Total Beds

7612 S Phillips Ave, Chicago, IL 60649 - Photo 1

Sold

$490,000

7612 S Phillips Ave Chicago, IL 60649

Multi-Family
Closed

9
Total Beds

7758 S Saginaw Ave, Chicago, IL 60649 - Photo 1

Sold

$520,000

7758 S Saginaw Ave Chicago, IL 60649

Multi-Family
Closed

9
Total Beds

7238 S South Shore Drive, Chicago, IL 60649 (MLS# 11697543) is a Commercial property that was sold at $555,000 on October 18, 2023. Want to learn more about 7238 S South Shore Drive? Do you have questions about finding other Commercial real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

7238 S South Shore Dr Chicago, IL 60649