$63,000

7337 S South Shore Dr Unit 503 Chicago, IL 60649

South Shore Neighborhood

Estimated payment $937/month

Total Views 14,732
1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Lock-and-Leave Community
  • Lake Front
  • Rooftop Deck
  • 2-minute walk to Ashe Beach Park

About This Home

Discover this inviting 1 bedroom, 1 bathroom condo on the 5th floor, featuring stunning views of Lake Michigan and great potential for quick equity. The unit offers a breathtaking vista while the building boasts a large outdoor terrace, perfect for enjoying the beautiful ground-level views. Located just a short distance from the beaches, multiple golf courses, and the University of Chicago, you'll love the vibrant South Shore neighborhood. The safe and secure building includes amenities such as a 24-hour doorman, laundry facilities, and a fitness room. Investor-friendly with rental allowed and small pets welcome, this condo is being sold As-Is and is priced to sell quickly. Don't miss the chance to transform this condo into your dream space with a spectacular lake view!

Listing Agent

Matthew Metzger

john greene, Realtor License #475184531 Listed on: 01/21/2025

john greene, Realtor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $317

Year Built

  • Built in 1962

HOA Fees

  • $563 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Water Views
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Rooftop Deck
  • Lake Front

Community Details

Overview

  • Association fees include heat, water, insurance, security, doorman, exercise facilities, exterior maintenance, scavenger, snow removal
  • 360 Units
  • Ms. Dale Davis Association, Phone Number (773) 768-2470
  • Property managed by Lake Terrace Condominiums
  • Lock-and-Leave Community
  • 14-Story Property

Amenities

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

Recreation

  • Fitness Center
  • Park
  • Bike Trail

Pet Policy

  • Pets up to 15 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$317

Year Built

Built in 1962

Lot Details

0

HOA Fees

$563 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 5
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • 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: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Roof Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 63000
  • Patio And Porch Features: Deck
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: On Site, Other, Attached, Detached, Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 563
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Sundeck, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Terrace Condominiums
  • Management Contact Name: Ms. Dale Davis
  • Management Phone: 773-768-2470

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 15

Tax Info

  • Tax Annual Amount: 317.37
  • Tax Year: 2023

Multi Family

  • Units in Building: 360

Map

Range of Values:

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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 $317 $5,106 $206 $4,900
2023 $308 $1,500 $344 $1,156
2022 $308 $1,500 $344 $1,156
2021 $301 $1,499 $343 $1,156
2020 $371 $1,665 $247 $1,418
2019 $370 $1,842 $247 $1,595
2018 $364 $1,842 $247 $1,595
2017 $337 $1,566 $220 $1,346
2016 $314 $1,566 $220 $1,346
2015 $348 $1,899 $220 $1,679
2014 $366 $1,975 $185 $1,790
2013 $436 $2,399 $185 $2,214
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 For Sale $63,000 0.0% --
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $63,000 0.0% --
02/01/2025 02/01/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $63,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $46,000 None Listed On Document
Special Warranty Deed $24,000 Fidelity National Title
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12274892

Midwest Real Estate Data (MRED)

APN: 21-30-114-029-1029