$55,000
SOLD MAR 5, 2025

7337 S South Shore Dr Unit 211 Chicago, IL 60649

South Shore Neighborhood
-- Bed
1 Bath
500 Sq Ft
$392/mo HOA Fee

Recently Sold

$110 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Stainless Steel Appliances
  • Fitness Center
  • Sundeck
  • 2-minute walk to Ashe Beach Park

About This Home

As of March 2025

Cute and cozy, modern, lakefront condo at the Lake Terrace Condominiums! Spacious studio unit with gorgeous and expansive views of Lake Michigan. Prime location just steps away from 2 South Shore beaches and near South Shore Cultural Center and Golf Course, University of Chicago, Metra, public transportation, parks and Lake Shore Drive. This unit is updated throughout, with stainless steel kitchen appliances, premium laminate floors and brand new a/c unit. Loads of natural sunlight and ample closet space. Convenient building amenities include 24/7 security door staff, on-site property management, large coin operated laundry facilities, sundeck, exercise room, storage lockers and convenience-grocery store. Schedule your showing today to see this beauty and move right in! Cash buyers only pleaase.

Last Agent to Sell the Property

Portia Hawkins

Phenomenal Properties Inc License #471019277 Listed on: 01/29/2025

Last Buyer's Agent

Alina Alexa McCurdy

Engel & Voelkers Chicago License #475191589

Engel & Voelkers Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $205

Year Renovated

  • 2023

HOA Fees

  • $392 Monthly HOA Fees

Home Design

  • Ranch Property
  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 500 Sq Ft Home
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Laminate Flooring
  • Water Views
  • Intercom

Kitchen

  • Electric Cooktop
  • Range Hood
  • Microwave
  • Stainless Steel Appliances

Laundry

  • Laundry Room
  • Sink Near Laundry

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Additional Features

  • Waterfront
  • Property is near a bus stop
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, insurance, security, 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 Condominium Association
  • Handicap Modified Features In Community
  • 14-Story Property

Amenities

  • Doorman
  • Sundeck
  • Coin Laundry
  • Service Elevator
  • Lobby
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets up to 10 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$205

Year Renovated

2023

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Quad-Ranch,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Quad-Ranch,Studio
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Range Hood, Electric Cooktop
  • Basement: None
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Interior Amenities: Wood Laminate Floors, Storage, Doorman, Drapes/Blinds, Lobby
  • LivingArea: 500
  • Room Type: No additional rooms
  • Stories Total: 14
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: None
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 58000
  • View: Water
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Common Area, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 392
  • Association Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Service Elevator(s), Laundry, Accessible, Intercom, Public Bus, Security
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Terrace Condominium Association
  • Management Contact Name: Dale Davis
  • Management Phone: 773-768-2470
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 10

Tax Info

  • Tax Annual Amount: 205
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 3, 2025
Sold by
Cannon Karen and Cannon Brian Christion
Bought by
Velichkova Jana
Seller's Agent
Portia Hawkins
Phenomenal Properties Inc
Buyer's Agent
Alina Alexa McCurdy
Engel & Voelkers Chicago
List Price
$58,000
Sold Price
$55,000
Premium/Discount to List
-$3,000
-5.17%
Views
2999
Current Estimated Value
$57,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,683
Avg. Annual Appreciation
12.99%

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 26, 2024
Sold by
Sunday Holdings Llc
Bought by
Cannon Brian Christian and Cannon Karen
Seller's Agent
Shalom Chinn
Coldwell Banker Realty
Buyer's Agent
Shalom Chinn
Coldwell Banker Realty
List Price
$55,900
Sold Price
$52,000
Premium/Discount to List
-$3,900
-6.98%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%

Purchase Details

Closed on
May 16, 2023
Sold by
Yarbrough Karen A
Bought by
Sunday Holdings Llc

Purchase Details

Closed on
Mar 26, 1999
Sold by
Mitchell Walter
Bought by
Marquette National Bank and Trust #14734
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,000 Citywide Title
Warranty Deed $52,000 Fidelity National Title
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $55,000 -5.2% $110 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $58,000 +11.5% $116 / Sq Ft
09/27/2024 09/27/24 Sold $52,000 -7.0% $96 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $55,900 -- $103 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $212 $3,478 $141 $3,337
2023 $205 $1,000 $234 $766
2022 $205 $1,000 $234 $766
2021 $201 $999 $234 $765
2020 $253 $1,134 $168 $966
2019 $252 $1,255 $168 $1,087
2018 $248 $1,255 $168 $1,087
2017 $229 $1,066 $149 $917
2016 $213 $1,066 $149 $917
2015 $237 $1,293 $149 $1,144
2014 $250 $1,345 $126 $1,219
2013 $297 $1,634 $126 $1,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12279883

Midwest Real Estate Data (MRED)

APN: 21-30-114-029-1121