7325 S Exchange AVE Chicago, IL 60649

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 66,000 sqft

Price per Sqft $74

MLS Listing ID 12203547

Year Built 1998

Annual Tax Amount $113,546

Tax Year 2023

Lot Dimensions 42967 SQ FT

Property Sub-Type Multi Family 5+

Property Description

This attractive former Rainbow Beach Nursing Facility, located in the thriving South Shore neighborhood, offers 93 resident rooms with a variety of 1- to 4-bed layouts. The first floor includes a spacious reception area, staff offices, a main dining room with a large kitchen featuring walk-in coolers, two resident dining areas, outdoor activity spaces, an expansive rooftop deck, and two large parking lots accommodating up to 50 cars. This 66,000 sq ft property comprises a substantial 5-story building, built in 1998, along with multiple connected single-story buildings. Situated on Exchange Ave, it is just two blocks from the 71st Street Metra South Shore train stop and close to the lake, Rainbow Beach & Park, South Shore Beach and Golf Course, and Jackson Park Golf Course. This facility boasts an appealing combination of resident rooms and amenities.

Location

State IL

County Cook

Area Chi - South Shore

Zoning COMMR

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 5

Listed by Kirby Pearson • Pearson Realty Group

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106