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Two Iconic South Shore Multifamily Properties Trade for Nearly $17M

The sale of the two properties—Shorewind Towers at 7000 South Shore Drive, and Shorewind Court, nearby at 6951 S. Oglesby Ave.—was the largest by dollar amount and unit count in the submarket in the last 10 years, according to CoStar. Both properties were originally built nearly a century ago.

Shorewind Towers is located at 7000 South Shore Drive in Chicago. Shorewind Towers is located at 7000 South Shore Drive in Chicago.

CHICAGO—Two multifamily properties totaling 238 units in the South Shore section of Chicago were sold to San Francisco-based Belveron Partners, LLC for $16.8 million.

The sale of the two properties—Shorewind Towers at 7000 South Shore Drive, and Shorewind Court, nearby at 6951 S. Oglesby Ave.—was the largest by dollar amount and unit count in the submarket in the last 10 years, according to CoStar. Both properties were originally built nearly a century ago.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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