7337 S South Shore Dr Unit 430 Chicago, IL 60649
South Shore NeighborhoodEstimated payment $1,037/month
Total Views
28,901
2
Beds
1
Bath
933
Sq Ft
$64
Price per Sq Ft
Highlights
- Doorman
- Fitness Center
- Property is near a park
- Lake Front
- Landscaped Professionally
- 2-minute walk to Ashe Beach Park
About This Home
Welcome to 7337 S South Shore Dr Unit 430, a 2-bedroom, 1-bathroom condo in the heart of Chicago's vibrant South Shore neighborhood. This incredible unit offers an unparalleled view of the majestic Lake Michigan, making it the perfect opportunity for those looking to create their dream home with a touch of personalization. Whether you're a handyman or looking for a property that qualifies for rehab financing, this condo is a true diamond in the rough, with the potential to be transformed into a stunning lakeside retreat. Upon entering, you'll be greeted by a spacious and bright living area, where large windows frame breathtaking views of the lake. Imagine waking up to the serene sight of the water every morning, or unwinding in the evening while watching the colors of the sunset reflect on the lake's surface. The living space flows effortlessly into the dining area, making it perfect for hosting guests or enjoying cozy dinners with a backdrop that's second to none. The two bedrooms are generously sized, offering plenty of space for rest and relaxation. The master bedroom also enjoys its own lake view, providing a private escape from the city's hustle and bustle. The second bedroom offers flexibility, whether you need an additional sleeping area, a home office, or a creative space. The full bathroom is conveniently located and ready for a modern update to suit your personal style. One of the standout features of this building is its magnificent terrace, which faces directly toward Lake Michigan. As a resident, you'll have access to this expansive outdoor space, perfect for soaking up the sun, enjoying fresh air, or simply taking in the sweeping views of the lake. Whether you're reading a book, enjoying a cup of coffee, or entertaining friends and family, the terrace provides a tranquil escape just steps from your door. While this condo is brimming with potential, it does require some updates and improvements to fully bring it to life. For those with a vision, this property presents an incredible opportunity to customize and renovate. Whether you plan to utilize rehab financing or prefer to tackle projects yourself, the foundation is solid, and the location is second to none. With your personal touch, this condo could easily be transformed into a chic and modern lakefront haven. Beyond the unit itself, the location offers unbeatable convenience. Situated along the lakefront, you're just steps away from the South Shore Cultural Center, the lakefront trail, and nearby beaches. Public transportation options are easily accessible, and you're just minutes away from downtown Chicago, offering the perfect balance of peaceful lakeside living and city convenience. Local dining, shopping, and entertainment options are all within reach, adding to the appeal of this sought-after neighborhood. Don't miss out on this rare opportunity to own a condo with stunning lake views, a prime location, and endless possibilities. Whether you're an investor looking for a great project or a buyer ready to create your dream home, this unit at 7337 S South Shore Dr is full of potential. Schedule your showing today and start imagining the beautiful transformation that awaits at this lakeside gem.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $411
Year Built
- Built in 1964
Lot Details
- Lake Front
- Landscaped Professionally
HOA Fees
- $677 Monthly HOA Fees
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 933 Sq Ft Home
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Water Views
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
- Whirlpool Bathtub
Location
- Property is near a park
Utilities
- Baseboard Heating
- Radiant Heating System
- 100 Amp Service
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 364 Units
- Dale Davis Association, Phone Number (773) 768-2470
- High-Rise Condominium
- Lake Terrace Condominiums Subdivision
- Property managed by First Residential Services
- 14-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Pets up to 15 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
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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 | $411 | $6,233 | $252 | $5,981 |
| 2023 | $411 | $2,000 | $420 | $1,580 |
| 2022 | $411 | $2,000 | $420 | $1,580 |
| 2021 | $453 | $1,999 | $419 | $1,580 |
| 2020 | $453 | $2,033 | $302 | $1,731 |
| 2019 | $452 | $2,250 | $302 | $1,948 |
| 2018 | $444 | $2,250 | $302 | $1,948 |
| 2017 | $411 | $1,911 | $268 | $1,643 |
| 2016 | $383 | $1,911 | $268 | $1,643 |
| 2015 | $425 | $2,318 | $268 | $2,050 |
| 2014 | $447 | $2,411 | $226 | $2,185 |
| 2013 | $533 | $2,929 | $226 | $2,703 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Price Changed | $60,000 | -7.7% | $64 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $65,000 | -7.1% | $70 / Sq Ft |
| 04/02/2025 04/02/25 | Price Changed | $70,000 | 0.0% | $75 / Sq Ft |
| 04/02/2025 04/02/25 | For Sale | $70,000 | -12.5% | $75 / Sq Ft |
| 04/01/2025 04/01/25 | Off Market | $80,000 | -- | -- |
| 01/25/2025 01/25/25 | Price Changed | $80,000 | -5.8% | $86 / Sq Ft |
| 11/25/2024 11/25/24 | For Sale | $84,900 | 0.0% | $91 / Sq Ft |
| 11/23/2024 11/23/24 | Off Market | $84,900 | -- | -- |
| 08/27/2024 08/27/24 | For Sale | $84,900 | -- | $91 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | $111,000 | Stewart Title Of Illinois | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $70,000 | Multiple | |
| Executors Deed | -- | Chicago Title Insurance Co | |
| Warranty Deed | $35,000 | Attorneys Natl Title Network |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $111,000 | Unknown | |
| Previous Owner | $56,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $54,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $79,498 | Unknown | |
| Previous Owner | $28,000 | No Value Available |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12149121
APN: 21-30-114-029-1338
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