# 7801 South Shore Drive, Chicago, IL 60649

> **TL;DR:** 49bd/32ba residential multi family, $2,895,000, built 1961.
> A/C. Est. $12,545/mo. Listed 42 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,895,000 |
| Bedrooms | 49 |
| Bathrooms | 32 full |
| Year Built | 1961 |
| Lot Size | 16,875 sqft (0.39 acres) |
| Stories | 4 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 42 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,545 |
| **Total** | **$12,545** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1961
- 0.39 acre lot
- 4 stories

## Description

### Agent Description
PRICE REDUCED for this attractive 1960's era, 32 unit brick building in great location in booming South Shore. Appealing unit mix of 4 studios, 10-1/1's, 15-2/1's and 3-3/1's. Roof, Porches, Masonry/Tuckpointing, and Electrical work done within last 5-8 yrs. Every unit updated with Bath and Kitchen reno during same period. Laundry in basement area and outdoor parking in rear for 16-20 cars. Located 1/2 block from Rainbow Beach Park and Rainbow Beach on the shore of beautiful Lake Michigan. The CTA 26, 6, 71, and N5 buses serve this location with both north and south bound stops at 78th and S. South Shore Dr, and it's just a short 2 block walk to the Metra Line (commuter rail) stop. Less than 3 miles to world renowned University of Chicago, the new Obama Presidential Library, the soon to be renovated Jackson Park Golf course, and just 9 blocks from the Campus of the soon to be built, 1 million s.f. Illinois Quantum and Microelectronics Park. Also, less than 11 miles to the center of downtown Chicago. New property management is in place and is working to stabilize rents. There is an ASSUMABLE loan in place at an attractive rate and it will not adjust until 12-1-28, at which time it will float off SOFR.

## Location

- **Address:** 7801 South Shore Drive, Chicago, IL 60649
- **County:** Cook
- **Coordinates:** 41.755246, -87.551076
- **Google Maps:** https://www.google.com/maps?q=41.755246,-87.551076

## Listing Agent

- **Name:** David McLennan
- **Brokerage:** Pearson Realty Group
- **Phone:** (773) 325-2800
- **Email:** david@pearsonrealtygroup.com

## Primary Photo

![7801 South Shore Drive - Primary Photo](http://lh.rdcpix.com/000f5d056ca0c50c091b79f79dfebc23l-f3263245366r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/7801-south-shore-drive-chicago-il-60649-12579441)*

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**MLS#:** 12579441 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/7801-south-shore-drive-chicago-il-60649-12579441)

---

## Structured Data

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  "description": "PRICE REDUCED for this attractive 1960's era, 32 unit brick building in great location in booming South Shore. Appealing unit mix of 4 studios, 10-1/1's, 15-2/1's and 3-3/1's. Roof, Porches, Masonry/Tuckpointing, and Electrical work done within last 5-8 yrs. Every unit updated with Bath and Kitchen reno during same period. Laundry in basement area and outdoor parking in rear for 16-20 cars. Located 1/2 block from Rainbow Beach Park and Rainbow Beach on the shore of beautiful Lake Michigan. The C",
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