Paladin Real Estate Investment

PALADIN / SOUTH SHORE OPPORTUNITY

7645–7651 S. South Shore Drive

A Lake Michigan neighborhood setting beside Rainbow Beach Park, with potential for a residential development or repositioning strategy.

The opportunity

The current offering range is 7645 through 7651, confirmed by John in October 2026. Potential uses and transaction structure can be discussed directly. Existing improvements, current availability and the final parcel package require confirmation.

Rainbow Beach Park offers beach, recreation and open-space amenities. Park adjacency does not establish private ownership of the shoreline or exclusive access rights. Explore Rainbow Beach Park’s official information.

View the location and directions

Size and historical guidance

The April 2025 summary described approximately 30,000 SF, 150 feet of frontage and 200 feet of depth, with historical guidance of $1.8 million / $60 per SF. Some older records use a wider 7645–7657 assemblage. The current offering excludes 7657; area, dimensions and price must be reconciled against the current package. Current pricing is available through a discussion.

Historical parcel records

These records were printed November 10, 2020 and do not establish current taxes, ownership or parcel boundaries.

Recorded addressHistorical PINReported lot size2019 taxes
7645 S. South Shore Drive21-30-405-010-000010,000 SF$5,847.34
7651 S. South Shore Drive21-30-405-011-000010,000 SF$3,198.34

A complete current parcel schedule and boundary survey are needed before relying on combined land area. No 7657 parcel is included in this offering.

View the historical Cook County assessment map

The source filename says “Plat Survey,” but its content is a county tax-map package. It is not a survey certification.

Development considerations

Historical marketing described RM-5 zoning. Current zoning, density, height, setbacks, shoreline or flood constraints and utility capacity require current records and project-specific review. Nearby development does not establish an entitlement for this property.

The older materials identify the Field–Pullman–Heyworth house. Historic-preservation interest has been documented; current designation, demolition or relocation permissions and the treatment of existing structures need review. Read the preservation context. No demolition approval is represented here.

Discuss your plan

Share your intended use, purchasing entity, development experience and timing. John can confirm the current property package and arrange the next diligence steps.

Request current details

Return to opportunities · Invited prospect access

Sources: supplied April 2025 summary and email, historical SharePoint property records and county mapping materials; current street range confirmed October 9, 2026. Owner personal financial data, legal invoices, brokerage agreements and unrelated properties are excluded.