$60,000
SOLD NOV 22, 2024

7337 S South Shore Dr Unit 902 Chicago, IL 60649

South Shore Neighborhood
2 Beds
1 Bath
933 Sq Ft
$698/mo HOA Fee

Recently Sold

$64 Per Sq Ft

18% Below List Price

11 Days on Market

Highlights

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

About This Home

As of November 2024

Welcome to our beautiful lakefront at Lake Terrace Condominiums. With northeast views of Lake Michigan, this 9th floor unit features 2 bedrooms, 1 full bath, and spectacular porcelain flooring. The kitchen offers 3-piece stainless steel appliances, granite countertops, and plenty of storage in 42 in. kitchen cabinets. The building is all-electric, with smooth-closing windows. All rooms are spacious and offer generous closet space throughout. The location of the unit is convenient, right next to the elevator. Building amenities include: fitness room with sauna, patio, party room, grocery mart, cleaners, and laundry room. Secure building with a 24-hour attendant doorperson. Rental and guest parking available. Huge outside patio, great for entertaining with 180-degree views of Lake Michigan. Building is close to public transportation, South Shore Cultural Center, beaches, parks, golf course, bike path, and just minutes away from Lake Shore Drive.

Last Agent to Sell the Property

Rollie Jones

Century 21 S.G.R., Inc. License #475175875 Listed on: 10/11/2024

Century 21 S.G.R., Inc.

Last Buyer's Agent

Germine Tawfik

Compass License #475156176

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $411

Year Built

  • Built in 1964

HOA Fees

  • $698 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 933 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating Available
  • Lake Michigan Water

Additional Features

  • Deck
  • Lake Front

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, security, exterior maintenance, snow removal
  • 364 Units
  • Manager Association, Phone Number (312) 375-7080
  • High-Rise Condominium
  • Property managed by Lake Terrace Condominium Management
  • Lock-and-Leave Community
  • 12-Story Property

Amenities

  • Doorman
  • Sundeck
  • Sauna
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Convenience Store
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Pets up to 15 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$411

Year Built

Built in 1964

Lot Details

0

HOA Fees

$698 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 9
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 933
  • Room Type: No additional rooms
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 73500
  • Lot Features: Lake Front
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 698
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Sundeck, Receiving Room, Sauna, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Lake Terrace Condominium Management
  • Management Contact Name: manager
  • Management Phone: 312-375-7080
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Security, Exterior Maintenance, Snow Removal, Other

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 15

Tax Info

  • Tax Annual Amount: 411.13
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 21, 2024
Sold by
Pearson Triniece
Bought by
Ronnies Renovation & Remodeling Project Llc
Seller's Agent
Rollie Jones
Century 21 S.G.R., Inc.
Buyer's Agent
Germine Tawfik
Compass
List Price
$73,500
Sold Price
$60,000
Premium/Discount to List
-$13,500
-18.37%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%

Purchase Details

Listed on
Dec 20, 2012
Closed on
Feb 26, 2013
Sold by
Eas Sensoresense Inc
Bought by
Pearson Triniece
Seller's Agent
Tom Annerino
Realty Executives Ambassador
Buyer's Agent
Shantella Jenkins
Charles Rutenberg Realty
List Price
$19,900
Sold Price
$18,000
Premium/Discount to List
-$1,900
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
May 29, 2012
Sold by
Lewis
Bought by
Eas Sensorsense Inc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 None Listed On Document
Warranty Deed $60,000 None Listed On Document
Special Warranty Deed $18,000 First American Title
Sheriffs Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $83,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Rent $2,400 0.0% --
11/22/2024 11/22/24 Sold $60,000 -18.4% $64 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $73,500 +308.3% $79 / Sq Ft
03/21/2013 03/21/13 Sold $18,000 -9.5% $21 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $19,900 +10.6% $23 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
12/21/2012 12/21/12 Off Market $18,000 -- --
12/20/2012 12/20/12 For Sale $19,900 -- $23 / Sq Ft
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 $411 $6,332 $256 $6,076
2023 $411 $2,000 $426 $1,574
2022 $411 $2,000 $426 $1,574
2021 $460 $1,999 $426 $1,573
2020 $460 $2,065 $306 $1,759
2019 $459 $2,285 $306 $1,979
2018 $451 $2,285 $306 $1,979
2017 $418 $1,942 $272 $1,670
2016 $389 $1,942 $272 $1,670
2015 $432 $2,355 $272 $2,083
2014 $455 $2,450 $230 $2,220
2013 $541 $2,976 $230 $2,746
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12184380

Midwest Real Estate Data (MRED)

APN: 21-30-114-029-1022