7270 South South Shore DriveChicago, IL 60649Price: $5,200,000

  • Price: $5,200,000
  • 59 Days on Market
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Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 40,000Square Feet
  • 1920Year Built

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100% Occupied with Strong In-Place Cash Flow - 2020 NOI Projected 2021 NOI NO Delinquency - 52 Units in the Heart of Pristine South Shore - Full Gut Rehab in 2018 - Armchair Investment with Room to Grow, 18 Existing Surface Parking Spots (Max 22), Fully Upgraded Electric with Room for Two Additional Meters (1600 Amp to Building), New Copper Plumbing, Tear Off Roofs with Silver Coat, New Hot Water Tanks - EVERYTHING Renovated 2018/2019 - Tenants Pay Heat/Electric Baseboard - Owner Pays Gas/Cable/Wifi; On-Site Manager and Dedicated Management Office Space with Security Cameras,, Three Common Area Baths, Sweeping Views from Roof Deck and Adjacent Penthouse Lounge with Fireplace, Adjacent to Lake Shore Drive, Historic Jackson Park, South Shore Cultural Center, Seven minutes from the soon to open prestigious Obama Center Museum

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Listed by Kristin Bird of Kale Realty

Based on information submitted to MRED  as of October 28, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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