7500 S South Shore Dr
Chicago, IL 60649
Lake Shore Apartments · Multifamily Property For Sale · 130 Units

SVN, as exclusive advisor to Owner, is pleased to offer for sale Lake Shore Apartments, a 125-unit 5-story multifamily building located in the desirable South Shore neighborhood. The unit mix consists of (13) studio, (107) 1 Bedroom 1 Bath and (5) 2 Bedroom 2 Bath units. Heat is provided by a central boiler, base board heating system. The property has two passenger elevators. There are two laundry rooms with a total of 8 washers and 8 dryers, which are leased. The property has 27 parking spaces. The building was built in 1950, is situated on approximately 234x204 parcel of land and is zoned RM-6. Recently 54 units have been renovated with the remaining units in good condition. Approximately 48 tenants are subsidized. The property is located in the desirable section of Chicago's southside South Shore neighborhood. South Shore is located along Chicago's southern lakefront located 10 miles south of downtown just south of Bronzeville and Hyde Park . The jewel of the neighborhood is the South Shore Cultural Center, previously the South Shore Country Club. Public transportation is provided by the South Shore Line commuter train and many CTA bus routes.