$85,000

7337 S South Shore Dr Unit 1107 Chicago, IL 60649

South Shore Neighborhood

Estimated payment $1,395/month

Total Views 3,582
2 Beds
1 Bath
1,000 Sq Ft
$85 Price per Sq Ft

Highlights

  • Popular Property
  • Fitness Center
  • Wood Flooring
  • Doorman
  • Waterfront
  • 2-minute walk to Ashe Beach Park

About This Home

Welcome to the Lake Terrace Condominiums! This large corner two bedroom condo has lake views from every window! Wake up to with the sun and hear the waves crashing while you sip a cup of coffee in the morning. Big main bedroom can easily fit a king size bed. Large living room with a kitchen bar, perfect for entertaining. This unit has been rehabbed in 2023. New kitchen counters. New kitchen tile flooring. New breakfast bar. Kitchen new lighting including under cab lights. New bath sink and medicine cab and lighting. Bathroom new full tile epoxy and tub. New plumbing in bath and kitchen. Everything freshly painted. Ample permit and street parking around. Short walking distance to Hyde Park, the beach, golf course, University of Chicago, and the future home of the Obama Library. Full amenity building with door staff, 24/7 fitness center, cleaners and sun deck to enjoy the lake. Steps to the beach and tennis courts at Arthur Ashe park. Very short walking distance to #6 and #26 bus stops. Investor friendly.

Listing Agent

Anna Rivtis

Baird & Warner License #475175595 Listed on: 08/12/2025

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $582

Year Built

  • Built in 1960

Lot Details

  • Waterfront

HOA Fees

  • $880 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Laundry Room

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 364 Units
  • Dale Davis Association, Phone Number (773) 768-2470
  • Property managed by Lake Terrace Condo Association
  • 14-Story Property

Amenities

  • Doorman
  • Sauna
  • Coin Laundry
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$582

Year Built

Built in 1960

Lot Details

0

HOA Fees

$880 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 11
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 14
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • List Price: 85000
  • View: Water
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 880
  • Association Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, Sauna, Laundry
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Terrace Condo Association
  • Management Contact Name: Dale Davis
  • Management Phone: 773-768-2470

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 582.08
  • Tax Year: 2023

Multi Family

  • Units in Building: 364

Map

Range of Values:

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Average Value
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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 $529 $7,740 $313 $7,427
2023 $514 $2,500 $521 $1,979
2022 $514 $2,500 $521 $1,979
2021 $503 $2,499 $521 $1,978
2020 $562 $2,525 $375 $2,150
2019 $0 $2,794 $375 $2,419
2018 $0 $2,794 $375 $2,419
2017 $511 $2,374 $333 $2,041
2016 $476 $2,374 $333 $2,041
2015 $47 $2,879 $333 $2,546
2014 $79 $2,994 $281 $2,713
2013 $183 $3,637 $281 $3,356
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $85,000 0.0% $85 / Sq Ft
07/27/2023 07/27/23 Rented $1,600 0.0% --
07/26/2023 07/26/23 Off Market $1,600 -- --
06/07/2023 06/07/23 For Rent $1,600 0.0% --
12/23/2022 12/23/22 Sold $65,000 -13.3% --
11/16/2022 11/16/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $75,000 -5.1% --
10/19/2022 10/19/22 For Sale $79,000 0.0% --
08/19/2021 08/19/21 Rented -- -- --
07/15/2021 07/15/21 Under Contract -- -- --
07/05/2021 07/05/21 For Rent $1,300 0.0% --
08/17/2020 08/17/20 Sold $45,000 -9.8% $50 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $49,900 -- $55 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,000 None Listed On Document
Warranty Deed $45,000 Chicago Title
Special Warranty Deed $28,000 First American
Legal Action Court Order -- None Available
Interfamily Deed Transfer $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,000 Unknown
Previous Owner $63,050 Unknown
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12444248

Midwest Real Estate Data (MRED)

APN: 21-30-114-029-1082