8207 S South Shore Drive Chicago, IL ^$ 55,000

8207 S South Shore Drive

^$ 55,000

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Recently Listed

8207 S South Shore Drive

Chicago, IL, 60617

^$ 55,000

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 339

8207 S South Shore Drive, Chicago, IL 60617 - Image 1

8207 S South Shore Drive, Chicago, IL 60617 - Image 2

Multi-Family Home for sale in Chicago, IL

for $55,000 with 4 bedrooms and 2 full baths. This home was built in 1903.

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.

Multi-Family Active

Price

^$ 55,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Mediterranean

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12623045

Features

General

Sewer Public Sewer

Heating None

Possession Closing Immediate Negotiable

Architectural Style Mediterranean

Construction Materials Frame

Year Built 1903

Township Hyde Park

Tax Year 2024

Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 10

Status New

Directions I-94 to 79th St East to S Shore Dr then South to 8207 (corner of 82nd/South Shore)

City Chicago

High School District 299

MLS Area CHI - South Chicago

Tax Annual Amount 0

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Full

Total Bedrooms 4

Total Baths 2

Bedrooms Possible 4

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Water Source Public

Total Parking 0

Lot Dimensions 25 X 125

Waterfront Y/N N

* Excluded Features

List By

Keller Williams Onechicago

Broker

bramseylftw@gmail.com;bramsey@kw.com

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$339

Per Month

Monthly Principal & Interest: $339
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$623,810

Percent of Sale Price 1,034%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2026	$55,000		Listed Price

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8207 S South Shore Drive, Chicago, IL, 60617 is a Multi-Family Home for sale at $55,000. 8207 S South Shore Drive has 4 bedrooms, 2.0 baths, and was built in 1903. The property's zip code is 60617 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/19/2026.

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8207 S South Shore Drive

Multi-Family Home for sale in Chicago, IL

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