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7822-7824 S South Shore Dr 24 Unit Apartment Building $2,075,000 ($86,458/Unit) 11.12% Cap Rate Chicago, IL 60649



Executive Summary
Safdie Realty Group has been retained on an exclusive basis to arrange for the sale of 100% of the Membership Interests of a Limited Liability Company that owns the real property located at 7822-7824 S. South Shore Drive, Chicago, IL ("Real Property"). This sale is not for the direct fee simple ownership of the Real Property itself.
The Real Property is a multifamily apartment building comprising a total of 24 units.
A data box of further information/documentation is available upon request and signed NDA.
Bidder Registration Deadline: February 20th, 2026
Auction Date: February 26, 2026, 9:00am ET
For more information reach out directly:
Roni Yaghoobzar
(516) 469-0773
Roni@safdierealtygroup.com
The Real Property is a multifamily apartment building comprising a total of 24 units.
A data box of further information/documentation is available upon request and signed NDA.
Bidder Registration Deadline: February 20th, 2026
Auction Date: February 26, 2026, 9:00am ET
For more information reach out directly:
Roni Yaghoobzar
(516) 469-0773
Roni@safdierealtygroup.com
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Satellite TV
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Sunroom
- Surround Sound
- Views
- Walk-In Closets
- Wi-Fi
- Grill
- Basement
- Deck
- Den
- Dining Room
- Double Pane Windows
- Family Room
- Framed Mirrors
- Freezer
- Garden
- Instant Hot Water
- Intercom
- Island Kitchen
- Lawn
- Linen Closet
- Loft Layout
- Office
- Pantry
- Patio
- Porch
- Recreation Room
- Skylights
- Trash Compactor
- Vacuum System
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Large Bedrooms
- Quartz Countertops
- Floor to Ceiling Windows
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $179,800 | |
| Land Assessment | $25,000 | Total Assessment | $204,800 |
Property Taxes
Parcel Numbers
Land Assessment
$25,000
Improvements Assessment
$179,800
Total Assessment
$204,800
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7822-7824 S South Shore Dr
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