IL
Cook
Chicago
60617
8119 S South Shore Drive
8119 S South Shore Drive, Chicago, IL 60617
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Listing Type
Multi Family
Listing Status
Active
26
$195,000

Home Details for 8119 S South Shore Drive

Price
$195,000
Type
Residential Income
Bedrooms
7
Bathrooms
3.0
Square feet
NaN
Year built
1921
County
Cook
Total rooms
16
Garage
2
Basement
Sump Pump, Finished, Exterior Entry, Full
Days on site
6
MLS Listing#
12533502
Property Description

Prime South Shore Drive Legal 2 -Unit with basement appartment investment opportunity! Perfect for investors or owner-occupants looking for strong cash flow near the lakefront. Add your own touch by updating and remodeling the building as it offers solid rental potential with market rents in the $1,250-$1,450/unit range once stabalized. Nearby transit includes the 93rd St Metra, multiple CTA bus lines, and instant access to Lake Shore Drive. Minutes to Calumet Park & Beach, South Shore Community Center, and local schools. Great Value-add 2 unit multifamily with added basement apartment opportunity on South Shore Drive. Building features a 2BR/1BA first-floor unit (occupied) tenant wishes to remain. Long time tenant no lease or security deposit pays $700/month, a 3BR/1BA second-floor unit (vacant), and a 2BR/1BA added basement apartment(vacant), providing immediate upside for investors or owner-occupants. Each floor has it's own furnace that is five years old and water heater that is three years old. Property is being sold AS-IS and requires update including front brick stair maintenance;property is priced accordingly. Vacant units allow for inspection, renovation, and lease-up immediately after closing and updating or live in one apartment and rent out the other two. Conveniently located with 2 minute access to Lake Shore Drive, public transportation, schools, parks, and lakefront amenities. Very Motivated Seller will not make repairs. Buyer responsible for all inspections. Ideal opportunity for value-add investors seeking long-term cash flow and appreciation and buyers looking to live in one apartment while supplementing mortgage with rent from the other two apartments. SOLD AS-IS

Property Features
  • Basement
    • Sump Pump
    • Finished
    • Exterior Entry
    • Full
  • Parking
    • Garage Door Opener
    • Detached
    • Garage
  • Heating Information
    • Natural Gas
    • Forced Air
  • Cooling Information
    • Ceiling Fan(s)
School Information
School Information for 8119 S South Shore Drive, Chicago, IL 60617
Elementary School
Sullivan Elementary School Speci
Middle School
N/A
High School
N/A
Listing Courtesy: Keller Williams Preferred Rlty - 708-798-1111
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-02-24 01:00:47. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-02-24 01:00:47
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Market statistics compiled from data from Midwest Real Estate Data.
EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Suite 7, Chicago, IL 60643
Office
708 573 8801
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