However, 6341 N. Lakewood Ave., near Loyola University, has sixtwo-bedroom units. The fully-rented courtyard building at 7237-43S. Bennett Ave., within walking distance of the South Shore CountryClub, has 17 two-bedroom units as well as eight one-bedroomapartments.

"Brokerage firms reported that there is a trend of dollarsmoving into the Hyde Park and South Shore areas as the prices onthe North Side rose so significantly and buyers see more upside inthe South Shore markets," Appraisal Research Counselors notes inits most recent Residential Benchmark Report.

Millennium Properties, Inc. associate Greg Block represented MLKVisions LLC, which bought the Shore Shore building from JackDevelopment. The seller, represented by Andrew Bulkowski of ChicagoRealtors, Inc., paid $700,000 for the building in 2002, accordingto property records. Founders Bank financed the acquisition with an$880,000 mortgage.

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