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$4,100,000
66,000
square ft

7325 S Exchange Avenue
Chicago, Illinois 60649

Closed / MLS #12203547 / Multiple Family / South Shore
Listing information updated 8/22/2025 at 2:03pm
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.
Water Front:
No
Square Feet:
66,000
Built:
1998
Stories:
5
Zoning:
COMMR
Building Square Feet:
66,000
Unit 1:
93 room(s) / 9 bed(s) / 0 bath(s)
Tax Amount:
$113,546
Tax Year:
2023
Zip Code:
60649
City:
Chicago
County:
Cook

Listing Office: Pearson Realty Group

Listing Office Phone: 773.325.2800

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/22/2025 at 2:03pm. 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. Some listings have been excluded from this website.

South Shore

South Shore, IL

Once a vacation destination for Chicago’s elite, the South Shore has become an increasingly popular place to call home. Located on Chicago’s scenic lakefront, the neighborhood’s beautiful beaches, plentiful green space and easy access to downtown via Lake Shore Drive are attracting a new gener...

Metra

Metra
Metra Electric South Chicago Branch line at South Shore Metra
$231,919
Average Sale Price
118
Average Days On The Market
93%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 7325 S Exchange Avenue, Chicago, IL 60649
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7325 S Exchange Avenue, Chicago, IL 60649 is a multiple family which sold for $4,100,000. This multiple family has been listed on @properties Christie's International Real Estate since November 4th, 2024 and was built in 1998. The nearest transit stops include South Shore Metra Metra Metra Electric South Chicago Branch line.

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