7250 South Merrill Avenue

7250 South Merrill Avenue, Chicago, IL 60649

  • For Sale $650,000
  • Property Type Multi-Family
  • Property Size 6,600 SF
  • Units 6
  • Date Updated Jan 23, 2025
7250 South Merrill Avenue is located in Chicago's vibrant South Shore neighborhood, nestled along the city's southern lakefront. Known for its rich cultural offerings, stunning architecture, and proximity to Lake Michigan, South Shore offers residents a unique blend of urban amenities and natural beauty. Once a bustling resort destination, South Shore retains its charm with a pristine stretch of lakefront, including one of the city's largest beaches at Rainbow Beach Park. Beyond the waterfront, residents can explore cultural gems like the Stony Island Arts Bank, the Bronzeville Children's Museum, and the historic South Shore Cultural Center. Architecture enthusiasts will marvel at the diverse residential styles found in Jackson Park Highlands, including a notable Prairie-style home designed by Frank Lloyd Wright's protege. Meanwhile, foodies can indulge in a culinary journey through South Shore's eclectic dining scene, featuring everything from soulful vegan cuisine at Majani to Caribbean-inspired fare at 14 Parish. With easy access to Downtown Chicago via Lake Shore Drive and public transit options like the CTA buses and Metra railway, South Shore offers the perfect balance of urban convenience and lakeside tranquility. Whether you're lounging on the beach, exploring cultural landmarks, or savoring a delicious meal, South Shore invites you to experience the best of Chicago living.Introducing an exceptional investment opportunity in the heart of Chicago - 7250 South Merrill Avenue. This 6,600 SF building boasts 6 individual units, comprising a mix of 2 and 3-bedroom apartments. Investors will appreciate the convenience of coin-operated laundry, individual gas and electric meters, and hot water heaters. With furnaces throughout the system, this property offers ease of maintenance and individual comfort control for tenants. The included parking garage adds value and convenience. Situated in the sought-after South Shore Neighborhood, this property offers easy access to major transportation routes and amenities, making it an ideal choice for multifamily/mid-rise investors.
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Highlights

  • Resides in the South Shore Neighborhood
  • Within 45 minutes to Midway Airport
  • Minutes to Lakeshore Drive, I-94, and I-90
  • Coin operated laundry in basement
  • Apartment mix of 2's and 3's
  • Furnaces throughout System
  • Individual gas outside building
  • Individual electric meters and breakers in basement
  • Individual hot water heaters in basement
  • Parking garage in back of building

Contacts

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Location

Getting Around

  • Walk Score ®

    81/100 Very Walkable
  • Transit Score ®

    68/100 Good Transit
  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood South Shore
  • Zip Code 60649
  • Market Chicago

Points of Interest

  • South Shore

    0.40 miles

  • Windsor Park

    0.75 miles

  • Stony Island

    0.81 miles

  • 63rd Street

    1.48 miles

  • 83rd Street

    1.64 miles

  • 87th Street

    2.11 miles

  • 55th-56th-57th Street

    2.20 miles

  • 51st-53rd Street (Hyde Park)

    2.77 miles

  • South Chicago (93rd Street)

    2.77 miles

  • Garfield

    3.23 miles

  • Midwest

    0.34 miles

  • Amstar

    0.40 miles

  • Fuel Star

    0.45 miles

  • BP

    0.73 miles

  • Shell

    0.74 miles

  • Mobil

    0.74 miles

  • All Star

    0.80 miles

  • Citgo

    0.85 miles

  • GoLo

    0.86 miles

  • ChargePoint

    2.24 miles

  • Trailer Parking

    1.21 miles

  • 83rd Street Metra Park & Ride

    1.65 miles

  • Dorchester Parking Lot

    1.79 miles

  • Chapin Hall Parking Lot

    1.86 miles

  • Kimbark South Parking Garage

    1.89 miles

  • Lexington Parking Lot

    2.19 miles

  • Campus South Parking

    2.24 miles

  • Parking/Materials Management

    2.43 miles

  • Medical Campus Parking Garage A

    2.48 miles

  • Campus North Parking Garage

    2.61 miles

  • South Shore Motel

    1.24 miles

  • East of the Ryan

    1.70 miles

  • Empire Motel

    1.72 miles

  • The Study at the University of Chicago

    1.95 miles

  • Best Motel

    2.35 miles

  • Skyway Motel

    2.47 miles

  • Stony Island Motel

    2.53 miles

  • Sophy Hotel

    2.69 miles

  • Hyatt Place Chicago-South/University Medical Center

    2.70 miles

  • Admiral Motel

    2.89 miles

  • Good Foods Vegan/Vegetarian Deli

    0.20 miles

  • Subway

    0.22 miles

  • Domino's

    0.23 miles

  • Ta'golazo

    0.28 miles

  • Surf's Up

    0.28 miles

  • Italian Fiesta

    0.33 miles

  • Magal Restaurant

    0.36 miles

  • The Slab Bar-B-Que

    0.36 miles

  • Hoagy House

    0.36 miles

  • Taste of Chicago

    0.36 miles

  • Saint Phillip Neri School

    0.15 miles

  • Edward A. Bouchet Math & Science Academy

    0.16 miles

  • Second Chance Tutoring

    0.30 miles

  • South Shore International College Preparatory High School

    0.39 miles

  • O'Keeffe Elementary School

    0.42 miles

  • Robert A. Black Magnet Elementary School

    0.51 miles

  • Former South Shore High School

    0.57 miles

  • Clara Muhammad Elementary School

    0.61 miles

  • Parkside Community Academy

    0.68 miles

  • Children's Developmental Institute

    0.70 miles

  • Kenyatta's Day Care and Learning Center

    0.38 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    0.42 miles

  • DJ Brooks Child Development Center

    0.79 miles

  • Child's World Academic Inc.

    2.54 miles

  • Shiloh Nursery

    2.57 miles

  • UChicago Child Development Center - Drexel

    2.62 miles

  • Shining Star Child Development

    2.65 miles

  • Mari's Bumble Bee Academy

    3.28 miles

  • Restoring the Seed Childcare

    3.29 miles

  • Childrens Hour Pre-School Center

    4.70 miles

Frequently Asked Questions

How much does 7250 South Merrill Avenue cost?

The space currently listed for sale at 7250 South Merrill Avenue asks for $650,000.

What is the total square footage of 7250 South Merrill Avenue?

7250 South Merrill Avenue totals 6,600 square feet.

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