Essex Realty Group Brokers the Sale of a 27 Unit Building in South Shore

December 06, 2018

7700 S. South Shore Drive is a 27-unit multi-family property located in Chicago’s South Shore neighborhood. Built in 1962, building is known as a 4+1 and has nine (9) 2- bed 2- bath, nine (9) 2-bed 1-bath, five (5) 1-bed 1 bath, and four studio apartments. There are also 20 parking spaces.

The property is located less than 3 miles from the University of Chicago and less than a mile from two Metra stations.

The South Shore neighborhood’s proximity to Lake Shore Drive makes it accessible, easy to navigate, and a very attractive rental area for prospective tenants. It remains one of the most densely populated neighborhoods on the South Side of Chicago.

The sale price was approximately $900,000.

Brian Mond was the broker on the transaction.

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