NOT LISTED FOR SALE

7355 S South Shore Dr Unit 506 Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $50,000 - $56,000

1 Bed
1 Bath
600 Sq Ft
$263/mo HOA Fee

Last Sold September 01, 2022

Last sale price $45,000 $75 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $605/month

23 Days on Market

Highlights

  • Water Views
  • Level Entry For Accessibility
  • Visitor Bathroom
  • Living Room
  • Accessibility Features
  • 2-minute walk to Ashe Beach Park

About This Home

As of September 2022

TOP FLOOR 1 bedroom condo. Beautifully maintained. Custom wooden kitchen cabinets. Awesome view of the lake from your bed and all windows in the home! Parking is available at $50/mo. Desirable SOUTH SHORE location. Just steps from the BEACH. Only minutes from the Obama Library, Jackson Park, South Shore Cultural Center, the Loop, Hyde Park. CTA Bus stop in front of the building, and Metra Line is nearby. Shopping and restaurants are minutes away. This opportunity to own a home along the lakefront won't last long! Seller is willing to leave the kitchen set. AS-IS Sale. OWNER-OCCUPANTS only.

Last Agent to Sell the Property

Rosemary Murphy

Century 21 IMPACT License #471017322 Listed on: 07/16/2022

Last Buyer's Agent

Kenyon Gamble

Jean Pierre Realty Int'l License #475185572

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • 0.54

HOA Fees

  • $263 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 600 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Leased Parking
  • Side or Rear Entrance to Parking
  • Uncovered Parking
  • Parking Lot

Accessible Home Design

  • Visitor Bathroom
  • Accessibility Features
  • Level Entry For Accessibility

Utilities

  • No Cooling
  • Radiator
  • Baseboard Heating

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 47 Units
  • 5-Story Property

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1962
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Accessibility Features: Main Level Entry, Visitor Bathroom
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 600
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 5
  • 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: 49900
  • Lot Features: Water View
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Parking Lot, Rear/Side Entry
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased
  • Parking Fee/Lease $: 50

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Association Fee: 263
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3125
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 30

Tax Info

  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Aug 22, 2022
Sold by
Jackson Arconia
Bought by
Reinmuth Jannemarie
Seller's Agent
Rosemary Murphy
Century 21 IMPACT
Buyer's Agent
Kenyon Gamble
Jean Pierre Realty Int'l
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%
Current Estimated Value
$53,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,154
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Mar 15, 2001
Sold by
Washington Sean
Bought by
Jackson Arconia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
7.03%

Purchase Details

Closed on
Mar 22, 1999
Sold by
Jackson Lillian
Bought by
Washington Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,650
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 1996
Sold by
Ward Craig and Rogers Kimberly
Bought by
Jackson Lillian M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Reinmuth Jannemarie $45,000 None Listed On Document
Jackson Arconia $36,000 --
Washington Sean $25,000 Professional National Title
Jackson Lillian M $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Arconia $22,495
Previous Owner Jackson Arconia $34,200
Previous Owner Washington Sean $24,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $45,000 -9.8% $75 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $49,900 -- $83 / 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 -- $4,706 $385 $4,321
2023 -- $2,000 $641 $1,359
2022 $0 $2,000 $641 $1,359
2021 $567 $1,999 $640 $1,359
2020 $567 $3,098 $461 $2,637
2019 $0 $3,429 $461 $2,968
2018 $0 $3,429 $461 $2,968
2017 $567 $2,636 $410 $2,226
2016 $28 $2,636 $410 $2,226
2015 $189 $3,657 $410 $3,247
2014 $56 $2,869 $346 $2,523
2013 $253 $4,019 $346 $3,673
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11466382

Midwest Real Estate Data (MRED)

APN: 21-30-114-028-1043