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7822 South South Shore Drive

$2,075,000

7822 South South Shore Drive, Chicago, IL 60649

Active
Last Updated: 02/03/2026

11.12

Cap Rate

230,655

NOI

Details:
Cap Rate:    11.12%
NOI:    $230,655
Pro Forma Cap Rate :    13.5%
Building Size:    26,229 sqft
Lot Area:    19,789 sqft
Occupancy:    97%
Units:    24
Year Built:    1964
Zoning:    RM5
Floors:    3
Parking Spots:    14
Freight Elevator:    No
Description:

Safdie Realty Group has been retained on an exclusive basis to arrange for the sale of 100% of the Membership Interests of a Limited Liability Company that owns the real property located at 7822-7824 S. South Shore Drive, Chicago, IL ("Real Property"). This sale is not for the direct fee simple ownership of the Real Property itself.

The Real Property is a multifamily apartment building comprising a total of 24 units.
A data box of further information/documentation is available upon request and signed NDA.

Bidder Registration Deadline: February 20th, 2026
Auction Date: February 26, 2026, 9:00am ET


For more information reach out directly:
Roni Yaghoobzar
(516) 469-0773
Roni@safdierealtygroup.com

Map:
Documents:
Title
7822-7824_S_South_Shore_Drive_OM.pdf
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Location
Gallery