7337 S South Shore Dr Unit 1227 Chicago, IL 60649
South Shore NeighborhoodEstimated payment $1,302/month
Highlights
- Doorman
- Waterfront
- Living Room
- Fitness Center
- Elevator
- 2-minute walk to Ashe Beach Park
About This Home
Lake Terrace Condominiums bright and spacious 2-bedroom, 1-bath condo offering breathtaking lake and southeast city views. Featuring an open-concept living and dining area, the layout is perfect for entertaining or relaxing while soaking in the scenery. The kitchen was recently updated with modern white shaker cabinets. this unit is ideal investment opportunity, or for an owner-occupant looking to customize their home. Building amenities include: 24-hour door staff/security, Coin-operated laundry facilities, Fully equipped exercise room, On-site dry cleaners Convenience/grocery store, Prime location! Just minutes from the beach, Lake Shore Drive, South Shore Cultural Center, Jackson Park Golf Course, Metra station, and shopping. CASH deals preferred,Unit Sold As-Is.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $529
Year Built
- Built in 1962
Lot Details
- Waterfront
HOA Fees
- $885 Monthly HOA Fees
Home Design
- Entry on the 12th floor
- Brick Exterior Construction
Interior Spaces
- 1,000 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Carpet
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 365 Units
- Mgmt Association, Phone Number (773) 768-2470
- High-Rise Condominium
- Property managed by Lake Terrace Condominiums
- 13-Story Property
Amenities
- Doorman
- Coin Laundry
- Elevator
Recreation
- Fitness Center
Pet Policy
- Pets up to 15 lbs
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,779 | $314 | $7,465 |
2023 | $514 | $2,500 | $524 | $1,976 |
2022 | $514 | $2,500 | $524 | $1,976 |
2021 | $503 | $2,499 | $523 | $1,976 |
2020 | $565 | $2,538 | $377 | $2,161 |
2019 | $564 | $2,808 | $377 | $2,431 |
2018 | $555 | $2,808 | $377 | $2,431 |
2017 | $514 | $2,387 | $335 | $2,052 |
2016 | $478 | $2,387 | $335 | $2,052 |
2015 | $530 | $2,894 | $335 | $2,559 |
2014 | $558 | $3,009 | $282 | $2,727 |
2013 | $665 | $3,656 | $282 | $3,374 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/25/2025 07/25/25 | Pending | -- | -- | -- |
06/02/2025 06/02/25 | For Sale | $70,000 | 0.0% | $70 / Sq Ft |
07/01/2017 07/01/17 | Rented | $1,200 | 0.0% | -- |
04/28/2017 04/28/17 | Under Contract | -- | -- | -- |
04/18/2017 04/18/17 | For Rent | $1,200 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $60,000 | First American Title | |
Special Warranty Deed | $30,000 | Chicago Title | |
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | Attorney |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $48,000 | New Conventional | |
Previous Owner | $25,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12361014

APN: 21-30-114-029-1309
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