7337 S South Shore Dr Unit 514 Chicago, IL 60649
South Shore NeighborhoodEstimated payment $1,020/month
Total Views
66,482
1
Bed
1
Bath
850
Sq Ft
$85
Price per Sq Ft
Highlights
- Hot Property
- Fitness Center
- Sauna
- Doorman
- Waterfront
- 2-minute walk to Ashe Beach Park
About This Home
Welcome to Lake Terrace Condominiums! Large 1 bedroom condo with gorgeous views of the Lake! Well maintained unit with ample closet space for a 1 bedroom unit. Looking for more space? The adjacent 2 bedroom, Unit #515, is also on the market, presenting a unique opportunity to own 2 side-by-side residences with the possibility of combining them into one expansive 3 bedroom unit. Great potential for owner occupant or investor who wants to rent to a tenant. This unit also has rarely available garage parking spot for $85/month. The building amenities include 24/7 security with door staff, a large, coin operated laundry room, exercise room, dry cleaners and sundeck. Prime location which is very conveniently located within minutes of the beach, tennis courts, Lake Shore Drive, South Shore Cultural Center, Jackson Park Golf Course, future Obama Library, Metra train station, and #6 and#26 CTA Bus lines and shopping. Sold As-Is. CASH Deals preferred!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $317
Year Built
- Built in 1964 | Remodeled in 2019
Lot Details
- Waterfront
HOA Fees
- $612 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 850 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Water Views
- Range
- Laundry Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Accessible Home Design
- Accessibility Features
- Doors are 32 inches wide or more
- Level Entry For Accessibility
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 360 Units
- Jacques Wattey Association, Phone Number (773) 768-2470
- Property managed by First Residential
- 14-Story Property
Amenities
- Doorman
- Common Area
- Sauna
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Lobby
- Package Room
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Pets up to 50 lbs
- Pet Deposit Required
- 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 | $317 | $5,388 | $218 | $5,170 |
| 2023 | $308 | $1,500 | $363 | $1,137 |
| 2022 | $308 | $1,500 | $363 | $1,137 |
| 2021 | $301 | $1,499 | $362 | $1,137 |
| 2020 | $391 | $1,757 | $261 | $1,496 |
| 2019 | $391 | $1,944 | $261 | $1,683 |
| 2018 | $384 | $1,944 | $261 | $1,683 |
| 2017 | $356 | $1,653 | $232 | $1,421 |
| 2016 | $331 | $1,653 | $232 | $1,421 |
| 2015 | $367 | $2,004 | $232 | $1,772 |
| 2014 | $386 | $2,083 | $195 | $1,888 |
| 2013 | $460 | $2,531 | $195 | $2,336 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Price Changed | $72,000 | -2.7% | $85 / Sq Ft |
| 09/08/2025 09/08/25 | Price Changed | $74,000 | -3.9% | $87 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $77,000 | -- | $91 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | -- | |
| Warranty Deed | $143,000 | Chicago Title Insurance Comp | |
| Warranty Deed | $125,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $118,750 | No Value Available |
Source: Public Records
About the Listing Agent
Portia Hawkins is a highly respected real estate professional with over 25 years of experience. As the Managing Broker of Phenomenal Properties Inc., she leads a dedicated team that prioritizes client success and satisfaction at every step of the process. Based in the Chicago metropolitan area, Portia has deep knowledge of Chicago's South Side and Suburban communities, but is always willing to travel to meet her clients' needs. She specializes in residential real estate, with select expertise
Portia's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12458116
APN: 21-30-114-029-1148
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