Golden Oppertunity on the sought after South Shore awaits a developer whom has vision with this multi level townhome which was started but never finished. There are 9 units in the complex seller is selling 6 of them currently which provides a developer tons of upside if they were to take down the entire project. Finish the units and rent them or finish them, create HOA and sell the units, either way there is tons of value add potential here! The unit offers four levels of living space with a lower level attached garage/family room, living room that is overlooked by a kitchen/family room combo with bedrooms on the third level and a private rooftop on the top level. The complex was started in 2016 and never finished, the exterior is newer, interior is studded out and waiting to be brought back to life. Located is hard to overlook as the south shore has been on fire! Get inside today to see all this complex has to offer, these units will not be on the market for long!
Sold for $408,500
$408,500
7237 S Exchange Ave, Chicago, IL 60649
3beds
3,000sqft
Townhouse
Built in 2016
1,161 Square Feet Lot
$239,200 Zestimate®
$136/sqft
$2,851 Estimated rent
Home value
$239,200
$201,000 - $280,000
$2,851/mo
Zestimate® history
Owner options
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$2,851/mo
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$2,851/mo
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$2,899/mo
Est. payment
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$2,899/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
- Basement: Partially finished
Interior area
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Lot
- Size: 1,161 sqft
Details
- Parcel number: 2130106061
Construction
Type & style
- Home type: Townhouse
Materials
- Roof: Other
Condition
- Year built: 2016
Utilities & green energy
- Sewer: Sewer-Public
Community & neighborhood
Location
- Region: Chicago
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $25 monthly
Other
Other facts
- Addtl Room 3 Level: Not Applicable
- Addtl Room 4 Level: Not Applicable
- Addtl Room 5 Level: Not Applicable
- Air Conditioning: Central Air
- 2nd Bedroom Level: 2nd Level
- 4th Bedroom Level: Not Applicable
- Exterior Building Type: Brick
- Foundation: Concrete
- Heat/Fuel: Gas
- Sewer: Sewer-Public
- Water: Public, Lake Michigan
- Listing Type: Exclusive Right To Sell
- Assessment Includes: Snow Removal, Other
- Management: Manager Off-site
- Parking Type: Garage
- Status: Active
- Dining Room Level: Main Level
- Kitchen Level: Main Level
- Lot Description: Landscaped Professionally
- Living Room Level: Main Level
- Equipment: TV-Cable, Sump Pump
- Exposure: W (West), E (East)
- Living Room Flooring: Hardwood
- 3rd Bedroom Level: 2nd Level
- Dining Room Flooring: Hardwood
- Other Information: Commuter Train, Commuter Bus
- Master Association Fee: Yes
- Common Area Amenities: Sundeck, Security Door Locks
- Master Bedroom Level: 3rd Level
- Bath Amenities: Separate Shower, Double Sink
- Family Room Level: Main Level
- Family Room Flooring: Hardwood
- Addtl Room 1 Level: 3rd Level
- Age: 1-5 Years
- Roof Type: Rubber
- Addtl Room 2 Level: 4th Level
- Dining Room: Combined w/ FamRm
- Addtl Room 1 Name: Sitting
- Addtl Room 2 Name: Deck
- Addtl Room 6 Level: Not Applicable
- Frequency: Monthly
- Square Feet Source: Estimated
- Master Bedroom Bath (Y/N): Full
- Garage On-Site: Yes
- Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Vaulted/Cathedral Ceilings, 2nd Floor Laundry, Storage
- Additional Rooms: Sitting Room
- Exterior Property Features: Roof Deck, Deck, Balcony
- Is Parking Included in Price: Yes
- Kitchen Flooring: Stone
- Garage Type: Attached2, Attached
- Lot Dimensions: 22X60
- Driveway: Brick
- Garage Ownership: Owned
- Laundry Level: Not Applicable
- Additional Rooms: Deck
- Aprox. Total Finished Sq Ft: 0
- Total Sq Ft: 0
- Tax Year: 2017
- Parcel Identification Number: 00000000000000
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Sold | $408,500+332.3%$136/sqft |
Source: Public Record Report a problem | ||
| 9/14/2022 | Sold | $94,500-5.4%$32/sqft |
Source: Public Record Report a problem | ||
| 7/18/2022 | Pending sale | $99,900$33/sqft |
Source: | ||
| 5/10/2022 | Listed for sale | $99,900-66.7%$33/sqft |
Source: | ||
| 7/2/2020 | Listing removed | $299,900$100/sqft |
Source: Coldwell Banker Residential #10435733 Report a problem | ||
| 5/31/2018 | Listed for sale | $299,900$100/sqft |
Source: Coldwell Banker Residential #09967474 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $2,806 -71.9% |
| 2023 | $2,117 +2.9% | $9,999 |
| 2022 | $2,057 +2.3% | $9,999 |
| 2021 | $2,011 -42.1% | $9,999 -35.8% |
| 2020 | $3,472 | $15,585 |
Find assessor info on the county website
Neighborhood: South Shore
Nearby schools
GreatSchools rating
- 4/10Powell Elementary Paideia Community AcademyGrades: PK-8Distance: 0.5 mi
- 4/10South Shore Intl Col Prep High SchoolGrades: 9-12Distance: 0.8 mi
- 1/10Chicago Vocational Career Academy High SchoolGrades: 9-12Distance: 1.8 mi
Get a cash offer in 3 minutes
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Estimated market value
$239,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$239,200
- Illinois
- Cook County
- Chicago
- 60649
- South Shore
- 7237 S Exchange Ave

