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$2,650,000 -$150,000 (-5.36%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • Updated 5 days ago
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SOUTH SHORE - FOR SALE: Beautifully maintained 20-unit multifamily property located just steps from the lake in Chicago's South Shore neighborhood. The building features twenty spacious (2BD/1BA) apartments ranging from 1,100-1,300 sq. ft., with updated interiors and hardwood floors in select units. The brand-new roof and meticulously kept common areas reflect the property's strong condition. Units' size and layout also make them well-suited for a potential condo conversion. Ideally situated near the lakefront, golf courses, parks, and hospitals. A prime opportunity to acquire a turnkey, high-quality asset with significant rent growth potential in a highly desirable location.

Full Property Details for 7003 S Oglesby Ave

General

  • Price: $2,650,000
  • HOA FEE: $6,300
  • Taxes: $21,599 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12496838
  • Updated: 1/12/2026
  • Added to Site: 91 day(s) ago

Location

  • Area: CHI - South Shore
  • County: Cook
  • Driving Directions: Take N Columbus Dr to US-41 S/S DuSable Lake Shore Dr/Lake Shore Dr. Follow Lake Shore Dr to E 70th St. Continue on E 70th St. Drive to S Oglesby Ave.

Heating & Cooling

  • Heating Type: Gas

Utilities

  • Trash: 2806

Structural Information

  • Stories/Levels: 4
  • Year Built: 1925
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Dimensions: 70 x 200

Financial Considerations

  • Maint. Fee: $6,300
  • Insurance Fee: $31,788
  • Operating Expenses: $96,764
  • Assessment Year: 1925
  • Tax Amount: $21,599
  • Tax Year: 2023
  • Pays Electric: 2503
  • Pays Trash: 2806

Disclosures and Reports

  • Property ID: 20244270010000

Listed by Horvath & Tremblay IL, LLC

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— 7003 S Oglesby Ave —

  • Horvath & Tremblay IL, LLC

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7003 S Oglesby Ave

School District:Chicago Public School District 299
NameGradesDistance
Okeeffe Elementary School
6940 South Merrill Avenue, Chicago, IL 60649
K-80.3 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-112.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7003 S Oglesby Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$2,650,000
-5.36%
MLS
10/19/2025
Listed
$2,800,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Horvath & Tremblay IL, LLC

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7003 S Oglesby Avenue, Chicago, IL 60649 (MLS# 12496838) is a Commercial property. 7003 S Oglesby Avenue is currently listed for $2,650,000 and was received on October 19, 2025. Want to learn more about 7003 S Oglesby Avenue? Do you have questions about finding other Commercial real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

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