Motivated Seller! True value-add 10 unit mixed-use building. Units consist of 8 - 1 bedroom / 1 bathroom apartments & 2 storefronts. 3 Vacant Apartments. The remaining will need to be evicted. Near Rainbow Beach Park, the Museum of Science Industry, University of Chicago and the future Obama Presidential Library. Can be sold as a package with 8 unit located at 8001 S Exchange.
South Shore, located between Jackson Park and Rainbow Beach, is a lakefront and residential Chicago neighborhood with a historic parkland edge and a broad shoreline. The neighborhood’s character concentrates around 71st Street and South Shore Drive, where storefront corridors meet the lake breeze near South Shore Cultural Center. Brick two-flats and courtyard apartments line leafy blocks, while South Shore Drive frames long views of Lake Michigan. South Shore Cultural Center anchors arts and events in a landmark former country club. South Shore Brew and the South Shore Nature Sanctuary add a grounded, local rhythm of pints and prairie paths.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Mixed-use building with multiple residential units
Bedrooms
Total of 10 residential units (bedroom counts per unit not specified)
Heating & cooling
Forced air gas heating
Window air conditioning units
Exterior features
Property located on E 79th St with south on South Chicago Ave access
Lot dimension listed as 5000
Home design
Mixed-use property
Zoned for multi (MULTI)
Construction
Built before 1978
Utilities
Electric service 101 to 200 amps
Financial info
Gross income reported as $40,440
Total monthly income reported as $3,370
Gross rent multiplier of 14
Annual tax amount $12,106 (tax year 2024)
Other
Property type listed as Mixed Use
Contains 10 total units
Electricity and solar
View estimated energy costs and solar savings for this home
This is a new listing, so no sales records exist yet. As the MLS and public records start to fill up, we'll list the details here.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Style
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County
Cook County
APN
20253300280000
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Last updated by owner on May 9, 2026.
B3-2
Community Shopping District
The primary purpose of the B3, Community Shopping district is to accommodate a very broad range of retail and service uses, often in the physical form of shopping centers or larger buildings than found in the B1 and B2 districts. In addition to accommodating development with a different physical form than found in B1 and B2 districts, the B3 district is also intended to accommodate some types of uses that are not allowed in B1 and B2 districts. The B3 district is intended to be applied to large sites that have primary access to major streets. It may also be used along streets to accommodate retail and service use types that are not allowed in B1 and B2 districts.
Permitted uses
Include but are not limited to:
Automotive repair garage
Day care facility
General retail
Restaurant
Housing-Senior
Warehouse
Mixed use building
Office
Medical office
Veterinary clinic
Historical weather
Chicago, IL • 60649
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Sun exposure
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