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$4,900,000
Est. payment /mo
66,000 SqFt
UPDATED:
11/11/2024 06:07 AM
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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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kirby Pearson • Pearson Realty Group
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959