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Listed by Brittany Ramseyof Keller Williams ONEChicago
$ 55,000
Est. payment /mo
Active Under Contract
8207 S South Shore DR Chicago, IL 60617
4 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12623045
Style Mediterranean
Bedrooms 4
Year Built 1903
Tax Year 2024
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
OPPORTUNITY ZONE INVESTMENT - REDEVELOPMENT PROJECT. 8207 S. South Shore is a residential/mixed-use frame structure positioned on a prime South Shore corridor. Part of a larger institutional campus assembly currently undergoing legal PIN separation. This property is being sold in 'As-Is' / 'Where-Is' distressed condition and requires a total gut-rehab. Ideal for a savvy developer looking for a value-add multi-unit or live-work conversion. Referenced under Master PIN, in the process of being separated. Taxes shown ($0) reflect current institutional exempt status. Property is part of a 5-parcel assembly; buyer to verify all zoning and use requirements.
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating None
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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