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34021931
34021938

7350 S Phillips Ave, Chicago, IL 60649 For Sale

FA
IL 471021038
Chicago Real Estate Resources
Listed by Chicago Real Estate Resources
$8,175,000
3 days on market
Updated 3 days ago
Opportunity zone

The Shore Residences

Details
Property Type Multifamily
Sub Type Apartment Building
Units 70
Cap Rate 9.96%
Tenancy Single
Year Renovated 2025

7350 S Phillips Ave, Chicago, IL 60649

Marketing description

CRER is pleased to present "The Shore Residences," a 70-unit multifamily investment offering in Chicago's historic South Shore neighborhood. The Shore Residences underwent a full renovation in 2025 and consists of a diverse unit mix of one, two, and three bedrooms. Major systems and common areas have been upgraded, including electric, plumbing, roof, elevator, trash chute, and laundry room. Residents enjoy spacious layouts featuring condo quality finishes, updated kitchens and baths, central heat and air, hardwood floors, and the convenience of in-unit laundry. With its strong unit mix, modernized infrastructure, and elevated in-unit experience, The Shore Residences offer investors a stabilized South Shore asset positioned to capture continued rental demand along Chicago's lakefront corridor.

Listing Contacts

FA
IL 471021038
Chicago Real Estate Resources
Listed by Chicago Real Estate Resources

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Additional Information

Name
Finley Askin
License
471021038
Brokerage
Chicago Real Estate Resources, Inc.
Title
Senior Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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