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8119 S South Shore Drive, Chicago, IL 60617

Local realty services provided by:CENTURY 21 Broughton Team
8119 S South Shore Drive,Chicago, IL 60617
$195,000
  • 7 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ruben gomez
Office: keller williams preferred rlty
MLS#:12533502
Source:MLSNI

Price summary

  • Price:$195,000

About this home

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

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Home facts

  • Year built:1921
  • Listing ID #:12533502
  • Added:2 day(s) ago
  • Updated:February 21, 2026 at 11:58 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Heating:Forced Air, Individual Room Controls, Natural Gas, Sep Heating Systems - 2+

Structure and exterior

  • Year built:1921

Schools

  • Elementary school:Sullivan Elementary School Speci

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$195,000
  • Tax amount:$2,532 (2023)
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