NOT LISTED FOR SALE

7337 S South Shore Dr Unit 521 Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $51,000 - $62,000

-- Bed
1 Bath
600 Sq Ft
$385/mo HOA Fee

Last Sold May 30, 2023

Last sale price $44,900 $75 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $705/month

7 Days on Market

Highlights

  • Doorman
  • Sundeck
  • 1 Car Attached Garage
  • Waterfront
  • Elevator
  • 2-minute walk to Ashe Beach Park

About This Home

As of May 2023

Fifth floor studio with the most desired eastern exposure and unobstructed view of Lake Michigan. The 13-story landmark building offers the ultimate lake front living with the sun deck, on site management. engineer and door person. The building has parking ( with waiting list) and storage. Move in fee $750. Dogs allowed up to 15 pounds & 1ft in height - deposit of $100 per dog - no deposit required for cats. Monthly assessment includes heat, water, tenant services, and 24-hour doorman. The doorman can hold packages at the desk for owners.

Last Agent to Sell the Property

Eric Berger

Berger & Co. Realtors Ltd License #471004048 Listed on: 04/19/2023

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $201

Year Built

  • Built in 1962

Lot Details

  • Waterfront

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 600 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Utilities

  • No Cooling
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, security, doorman, exterior maintenance, lawn care, scavenger, snow removal
  • 364 Units
  • Dale Davis Association, Phone Number (773) 768-2470
  • Property managed by LAKE TERRACE CONDOMINIUM ASSOCIATION
  • 13-Story Property

Amenities

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$201

Year Built

Built in 1962

Lot Details

0

HOA Fees

$385 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 13

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • LivingArea: 600
  • Room Type: No additional rooms
  • Stories Total: 13
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 44900
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 385
  • Association Amenities: Door Person, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Sundeck, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: LAKE TERRACE CONDOMINIUM ASSOCIATION
  • Management Contact Name: Dale Davis
  • Management Phone: 773-768-2470X0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 85
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 200.91
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 25, 2023
Sold by
Ziaja Miroslaw
Bought by
Dulay Zarah L and Dulay Leonardo
Seller's Agent
Eric Berger
Berger & Co. Realtors Ltd
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$44,900
Sold Price
$44,900
Views
62
Current Estimated Value
$55,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,737
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Adeoye Alexander
Bought by
Ziaja Miroslaw

Purchase Details

Closed on
Jan 10, 2005
Sold by
U S Bank Na
Bought by
Adeoye Alexander
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 Buyer Sale Price Title Company
Dulay Zarah L $45,000 None Listed On Document
Ziaja Miroslaw $33,000 Multiple
Adeoye Alexander $22,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $44,900 0.0% $75 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $44,900 0.0% $75 / Sq Ft
02/17/2017 02/17/17 Rented $700 0.0% --
12/05/2016 12/05/16 For Rent $700 -- --
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 $3,598 $145 $3,453
2023 $205 $1,000 $242 $758
2022 $205 $1,000 $242 $758
2021 $201 $999 $242 $757
2020 $261 $1,173 $174 $999
2019 $261 $1,298 $174 $1,124
2018 $256 $1,298 $174 $1,124
2017 $238 $1,104 $155 $949
2016 $221 $1,104 $155 $949
2015 $245 $1,338 $155 $1,183
2014 $258 $1,391 $130 $1,261
2013 $307 $1,690 $130 $1,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11762617

Midwest Real Estate Data (MRED)

APN: 21-30-114-029-1230