Essex secured an out-of-state buyer for this 125 unit multi-family property after a highly competitive marketing process resulting in 6 offers.
7500 South Shore Drive sits across the street from Rainbow Beach & Rainbow Beach Park, a large public park totaling almost 61 acres and features a gymnasium, fitness center, tennis/handball courts, playgrounds, and a community garden. Additionally, the property is located less than 5 minutes walking distance to the Windsor Park Metra Station, which services the Metra Electric District (ME) line. The South Shore neighborhood is located less than 10 miles south of Chicago’s central business district, the Loop, and benefits from its close proximity to Lake Michigan, Lake Shore Drive, and several popular South Side neighborhoods including Washington Park, Woodlawn, and Jackson Park Highlands.
- 125 Units on South Shore Drive
- Under Contract After Just 30 Days on the Market
- Essex Generated Multiple Offers from 12 Property Tours
- Mix of Studios, 1 Bedroom & 2 Bedroom Units
- 27 Parking Spaces