7412 S South Shore Drive, Chicago, IL 60649 - Photo 1

1/1

$635,000

Sold
Closed
Multi-Family
11 Total Beds
5 Car Garage

1/1

Property Description

Investors and first time home buyers bring your renovation ideas this way because you do not want to miss your opportunity to own this legal 4 flat brick multi-family located steps away from the lake in South Shore! With a potential cap rate of 12% this multi unit includes a garden unit that has over 1300 sqft, 8 ft ceilings and includes 2 beds and 2 baths. The other 3 units are over 1900 sqft each and all include 3 beds and 2 baths! Each unit does need a little TLC however this property is a must see! All units are equip with their own washer/dryer and central air. You will never have to worry about a place to park because there is plenty of drive way space in addition to a 5 car garage in the rear. While there are some things that need to be attended to the less than 5 year old roof are not one of them. But enough talking about it come see it for yourself. Property is As-IS******MULTIPLE OFFERS RECEIVED******* No more showings. *******

Full Property Details

Full Property Details for 7412 S South Shore Dr

General

Sold For: $635,000
Taxes: $4,482 (2020)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 11382915
Added to Site: 1, 399 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 11

Additional Information

Other Features: School Bus Service, Commuter Bus, Commuter Train

Parking

Garage: Yes
Garage Ownership: Owned
Garage Spaces: 5
Number of Cars: 9
Total Spaces: 4
Parking Type: Garage, Space(s)
Parking On-Site: Yes

Location

Area: CHI - South Shore
County: Cook
Subdivision: Southshore
Driving Directions: LAKE SHORE DRIVE SOUTH TO MARQUETTE DR. LEFT MARQUETTE DR. TO YATES MAKE A RIGHT TAKE YATES TO 71ST AND MAKE A LEFT ON LAKE SHORE DR TO 7412 S SOUTH SHORE.

School Information

School District: 299
Midd School District: 299
High School: Oak Lawn Comm High School
Private School: Oak Lawn Comm High School

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Exterior Const.: Brick
Basement Desc.: Partial, Walk-Out
Year Built: 1925
Built Before 1978: Yes

Unit Information

Units in Building: 4

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 9855

Financial Considerations

Assessment Year: 1925
Tax Amount: $4,482.13
Tax Year: 2020

Disclosures and Reports

Ownership: Fee Simple
Property ID: 21301220230000

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Meet the listing agent

— 7412 S South Shore Dr —

Jay Butts

Email Me

(773) 243-6126 mobile

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NMLS#: 1598647

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Schools

Schools serving 7412 S South Shore Dr

School District:Chicago Public School District 299

Name	Grades	Distance
Powell Elementary Paideia Community Academy 7511 South South Shore Drive, Chicago, IL 60649	K-8	0.2 mi
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617	9-11	1.8 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 7412 S South Shore Dr

Date

Details

Price

Change

Source

7/15/2022

Sold

$635,000

20.95%

MLS

4/22/2022

Listed

$525,000

—

MLS

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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Just Listed

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Commercial Lease
Active
Updated 2 days ago

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Just Listed

$380,000

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Multi-Family
Active
Updated 3 days ago

4
Total Beds

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Just Listed

$499,900

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Multi-Family
Active
Updated 1 day ago

8
Total Beds

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Just Listed

$395,000

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Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
5,586
Sq. Ft.

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Price Reduced

-$5,000 (-1.64%)

$299,000

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Single Family
Active
Updated 2 days ago

3
Beds
1
Total Bath
958
Sq. Ft.

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Price Reduced

-$250,000 (-10%)

$2,250,000

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Business
Active
Updated 3 days ago

9,656
Sq. Ft.

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Price Reduced

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$424,900

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Multi-Family
Active
Updated 21 hours ago

4
Total Beds

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Price Reduced

-$49,000 (-14.04%)

$300,000

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Active
Updated 3 days ago

4
Total Beds

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Sold

$620,000

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Single Family
Closed

5
Beds
4
Total Baths
3,212
Sq. Ft.

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Sold

$590,000

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Multi-Family
Closed

9
Total Beds

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Sold

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Commercial
Closed

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Sold

$539,900

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Commercial
Closed

10,980
Sq. Ft.

Listed by Janina Farr

7412 S South Shore Drive, Chicago, IL 60649 (MLS# 11382915) is a Multi-Family property that was sold at $635,000 on July 15, 2022. This property was listed by Jay Butts from our Lincoln Park Office.Want to learn more about 7412 S South Shore Drive? Do you have questions about finding other Multi-Family 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.

7412 S South Shore Dr Chicago, IL 60649