ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
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$4,900,000
147 Days On Site
7325 S Exchange AvenueChicago, IL 60649
For Sale|Multi Family|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
66,000
SqFt
$74
/SqFt
1998
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Pearson Realty Group
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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.
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Listing Snapshot
Price
$4,900,000
Days On Site
147 Days
Bedrooms
N/A
Inside Area (SqFt)
66,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1998
MLS® Number
12203547
Status
Active Under Contract
Property Tax
$113,546
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Active Under Contract | |
| 5 months ago | Listing first seen on site |
General Features
Number Of Stories
5
Property Sub Type
Multi Family
SqFt Total
66000
Zoning
COMMR
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Community Features
MLS Area
CHI - South Shore
Listing Courtesy of MRED as distributed by MLS Grid of Pearson Realty Group
Based on information submitted to the MLS GRID as of 2025-04-02 01:31 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-02 01:31 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.
Based on information submitted to the MLS GRID as of 2025-04-02 01:31 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-02 01:31 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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