NOT LISTED FOR SALE

7363 S South Shore Dr Unit 505 Chicago, IL 60649

South Shore Neighborhood

Estimated Value: $57,000 - $69,000

1 Bed
1 Bath
825 Sq Ft
0.49 Acres

Last Sold December 18, 2020

Last sale price $52,000 $63 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $385/month

Highlights

  • Storage Room
  • Baseboard Heating
  • 1-minute walk to Ashe Beach Park
  • Property is near a bus stop

About This Home

As of December 2020

Spacious one bed/one bath completely remodeled just for you. The kitchen may be cozy, but it is has wonderful grey cabinets and granite countertops. As seen on the pictures, from this unit you can catch a glimpse of Lake Michigan. 20 minutes drive on Lake Shore Dr to downtown Chicago. This unit is right down the street from Rainbow beach. Kid's playground and tennis courts across the street, and Golf at the South Shore Cultural Center is within walking distance. Public transportation is steps from front door of the building. Coin Laundry and storage is on-site. Other nearby gems is a recently opened grocery store that also delivers, coffee shop and Metra. Hallway carpert on the fifth floor is in the process of being replaced by ceramic tile.

Last Agent to Rent the Property

Luis Tello

Beaulieu Real Estate License #475148493 Listed on: 12/20/2020

Last Renter's Agent

Mike Payne

POWER Realty Chicagoland,PLLC License #473015981

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $529

Year Built

  • 1962

Lot Details

  • 0.49

Home Design

  • Brick Exterior Construction

Utilities

  • Baseboard Heating
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Storage Room
  • Property is near a bus stop

Community Details

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$529

Year Built

1962

Lot Details

0

Rental Info

  • Available: 12/20/2020
  • Monthly Lot Rental Included: Heat, Water, Scavenger, Security System, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Security Deposit: 120

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Unit Floor Level: 5
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1962
  • Type Attached: Condo
  • Type Of Rental Property: Attached
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1962

Interior Features

  • Number Of Rooms: 4
  • Bedrooms All Levels: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 11X12
  • Master Bedroom Flooring: Carpet
  • Above Grade Bedrooms: 1
  • Living Room Level: Main Level
  • Living Room Size: 19X14
  • Dining Room Level: Main Level
  • Dining Room Size: 7X9
  • Kitchen Level: Main Level
  • Kitchen Size: 9X7
  • Additional Rooms: Storage
  • Additional Room 1 Name: Storage
  • Additional Room 1 Level: Basement
  • Additional Room 1 Size: 4X4
  • Estimated Sq Ft: 825

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Electricity: Circuit Breakers
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Baseboard, Radiant

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Coin Laundry, Elevator, Storage, On Site Manager/Engineer
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: Parker Holsman

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 47
  • Number Stories: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2020
Closed on
Dec 8, 2020
Sold by
Ellsworth Melody
Bought by
Emma Vain Llc
Seller's Agent
Luis Tello
Beaulieu Real Estate
Buyer's Agent
Mike Payne
POWER Realty Chicagoland,PLLC
Sold Price
$1,000
Current Estimated Value
$62,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,547
Avg. Annual Appreciation
3.56%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Emma Vain Llc $52,000 Greater Illinois Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellsworth Melody $36,850
Previous Owner Ellsworth Melody $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Rented $1,000 +5.3% --
12/20/2020 12/20/20 For Rent $950 0.0% --
12/18/2020 12/18/20 Sold $52,000 -10.2% $93 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $57,900 -- $103 / 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 $529 $6,056 $362 $5,694
2023 $514 $2,500 $603 $1,897
2022 $514 $2,500 $603 $1,897
2021 $503 $2,499 $602 $1,897
2020 $911 $4,088 $433 $3,655
2019 $909 $4,525 $433 $4,092
2018 $894 $4,525 $433 $4,092
2017 $886 $4,118 $385 $3,733
2016 $825 $4,118 $385 $3,733
2015 $755 $4,118 $385 $3,733
2014 $969 $5,221 $325 $4,896
2013 $950 $5,221 $325 $4,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10956817

Midwest Real Estate Data (MRED)

APN: 21-30-114-027-1042