8119 S South Shore Drive, Chicago, IL 60617

Local realty services provided by:ERA Naper Realty
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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1921
  • Listing ID #:12533502
  • Added:1 day(s) ago
  • Updated:February 20, 2026 at 11:55 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)
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.

New listings near 8119 S South Shore Drive