$399,900
OPEN SAT 12PM - 1PM NEW CONSTRUCTION

Estimated payment $2,356/month

Total Views 5,619
3 Beds
2.5 Baths
2,800 Sq Ft
$143 Price per Sq Ft

Highlights

  • Popular Property
  • 1-minute walk to South Shore Station
  • Landscaped Professionally
  • New Construction
  • Rooftop Deck
  • Community Lake

About This Home

$20K Grant Eligible - New 3BD/2.1BA Rowhome with Balcony & Garage in South Shore! Eligible buyers could secure a $20,000 grant toward this brand-new 3BD/2.1BA rowhome in vibrant South Shore. Featuring modern finishes, a private balcony, and an attached garage, it's minutes from the lake, South Shore Cultural Center, golf course, Metra, and local dining. $20K grant eligible! Welcome to 7235 S Exchange Ave, where brand-new construction meets an unbeatable lakefront location. This 3-bedroom, 2.1-bath rowhome blends modern design, functional space, and financial opportunity, making it a smart move for today's buyer. The open-concept main level is designed for connection and comfort, with a spacious living and dining area that flows seamlessly into a chef-inspired kitchen. Here you'll find sleek cabinetry, quartz countertops, a statement island perfect for casual meals or entertaining, and stainless steel appliances that make every day feel elevated. Upstairs, the primary suite offers a private retreat with a generous walk-in closet and spa-like bath featuring a glass-enclosed shower and double vanity. Two additional bedrooms provide flexibility for guests, a home office, or a creative space. A private balcony off the kitchen extends your living area outdoors, perfect for morning coffee or evening relaxation. An attached garage provides everyday convenience, while the location offers lifestyle perks at your doorstep. You're just minutes from the Metra, South Shore Cultural Center, the golf course, lakefront trails, and neighborhood restaurants. With up to $20,000 in grant funds available for eligible buyers, 7235 S Exchange Ave isn't just a beautiful home - it's an opportunity to live well, invest smartly, and enjoy one of Chicago's most connected lakefront communities. Schedule your private showing today.

Listing Agent

Jennifer Bell

Fulton Grace Realty License #471019497 Listed on: 08/23/2025

Fulton Grace Realty

Co-Listing Agent

Richard Lomax

Fulton Grace Realty License #471019124

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 22x50
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Rowhouse Architecture
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Family or Dining Combination
  • Recreation Room
  • Sump Pump
  • Laundry Room

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Separate Shower

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Community Lake
  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,329

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Row House
  • New Construction: Yes
  • Property Sub-Type: 3 Stories
  • Year Built: 2024
  • Age: NEW Ready for Occupancy
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: 3
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • LivingArea: 2800
  • Other Equipment: TV-Cable, Sump Pump
  • Room Type: Recreation Room, Deck
  • Estimated Total Finished Sq Ft: 2799
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ FamRm
  • Total Sq Ft: 2799
  • Total Sq Ft: 2799
  • Upper Level Sq Ft: 933
  • Main Level Sq Ft: 933
  • Lower Level Sq Ft: 933

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony, Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 399900
  • Lot Features: Landscaped
  • Patio And Porch Features: Deck
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Brick Driveway, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Upper Level, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Clubhouse, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 22X50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2328.96
  • Tax Year: 2023
  • Tax Exemptions: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,117 $2,806 $1,451 $1,355
2023 $2,057 $10,000 $1,451 $8,549
2022 $2,057 $10,000 $1,451 $8,549
2021 $2,011 $9,999 $1,451 $8,548
2020 $3,472 $15,585 $1,044 $14,541
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 For Sale $399,900 +324.7% $143 / Sq Ft
08/31/2022 08/31/22 Sold $94,170 -5.7% $31 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $99,900 -- $33 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $620,000 None Listed On Document
Special Warranty Deed $94,500 None Listed On Document
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12453903

Midwest Real Estate Data (MRED)

APN: 21-30-106-061-0000