7337 S South Shore Dr Unit 515 Chicago, IL 60649
South Shore NeighborhoodEstimated payment $1,317/month
Highlights
- Doorman
- Waterfront
- Sauna
- Fitness Center
- Wood Flooring
- 2-minute walk to Ashe Beach Park
About This Home
Welcome to Lake Terrace Condominiums! Bright and spacious 2 bedroom condo with gorgeous views of the Lake from every window! The kitchen looks out into the living room and dining room combo area, which has a spacious, open layout. New stainless-steel refrigerator and new oven/range, new laminate flooring in the 2nd bedroom and unit freshly painted. The adjacent 1 bedroom, Unit #514, 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 unit 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
- $423
Year Built
- Built in 1960
Lot Details
- Waterfront
HOA Fees
- $852 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,000 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Water Views
- Laundry Room
Kitchen
- Range
- Stainless Steel Appliances
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Utilities
- Baseboard Heating
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, insurance, security, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 364 Units
- Jacques Whatley Association, Phone Number (773) 768-2470
- Property managed by Lake Terrace Condo Association
- 14-Story Property
Amenities
- Doorman
- Sauna
- Coin Laundry
- Elevator
Recreation
- Fitness Center
Pet Policy
- Dogs and Cats Allowed
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 | $423 | $7,498 | $303 | $7,195 |
| 2023 | $411 | $2,000 | $505 | $1,495 |
| 2022 | $411 | $2,000 | $505 | $1,495 |
| 2021 | $402 | $1,999 | $504 | $1,495 |
| 2020 | $545 | $2,446 | $363 | $2,083 |
| 2019 | $544 | $2,706 | $363 | $2,343 |
| 2018 | $535 | $2,706 | $363 | $2,343 |
| 2017 | $495 | $2,300 | $323 | $1,977 |
| 2016 | $461 | $2,300 | $323 | $1,977 |
| 2015 | $511 | $2,790 | $323 | $2,467 |
| 2014 | $538 | $2,900 | $272 | $2,628 |
| 2013 | $641 | $3,524 | $272 | $3,252 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Price Changed | $82,000 | -2.4% | $82 / Sq Ft |
| 09/08/2025 09/08/25 | Price Changed | $84,000 | -3.4% | $84 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $87,000 | -- | $87 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Pntn | |
| Deed | $48,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $84,750 | Unknown | |
| Previous Owner | $38,800 | No Value Available |
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: 12457537
APN: 21-30-114-029-1160
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