7325 S Exchange Avenue Active

Chicago,IL 60649

$ 4900000

- Bed

- Bath

66000 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active

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 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

Zoning COMMR

Interior

Fireplace N

Exterior

View Y/N true

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