ActivePrice Reduced

$69,999

$70,000
7337 South Shore Drive, Chicago, IL 60649
1 Beds1 Baths0 sqft85 days
7337 South Shore Drive·Chicago, IL 60649
1Bedrooms
1Bathrooms
0Sq Ft
About This Home

Wake up to the energy of Chicago's vibrant lakefront while enjoying the affordability and convenience of one of the city's most exciting emerging neighborhoods. Nestled in the sought-after Lake Terrace waterfront community in historic South Shore, this beautifully updated condo offers a lifestyle that blends city living, outdoor recreation, culture, and investment potential. Imagine beginning your mornings with a stroll along Lake Michigan, spending afternoons at the nearby South Shore Cultural Center, and enjoying quick access to Hyde Park's renowned dining, shopping, and cultural attractions. With the Obama Presidential Center just minutes away and downtown Chicago easily accessible, you'll be perfectly positioned to enjoy everything the city has to offer while coming home to a neighborhood rich in history, character, and growth. Lake Terrace enhances everyday living with an impressive collection of amenities, including 24-hour door staff and security, a fitness center, dedicated parking, private storage, onsite laundry facilities, multiple elevators, and gathering spaces for entertaining friends and family. The pet-friendly community also offers the flexibility to lease your unit, creating an attractive opportunity for those seeking passive income or long-term wealth building through real estate. For investors, this is an exceptional opportunity to acquire a turnkey, income-producing property with an existing tenant already in place. Currently generating $1,400 per month in rental income, the property offers immediate cash flow while benefiting from the continued investment and revitalization occurring throughout Chicago's South Shore lakefront corridor. Whether you're seeking a smart investment, a future city retreat, or a foothold in one of Chicago's most promising waterfront communities, this property offers an outstanding combination of lifestyle, location, and opportunity. Tenant occupied. Please allow appropriate notice for showings and do not disturb the tenant. Property is being sold subject to the existing tenancy. Buyer to verify all information, including lease terms, rental income, assessments, taxes, and association requirements.

MLS# 12684420Listed June 22, 2026Residential
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area0 sqft
Stories12
Lot Size602 x 182

Location

CountyCook
TownshipHyde Park
Zip Code60649

Financial

List Price$69,999
Original Price$70,000
Annual Taxes (2024)$1,057
Monthly Tax Est.$88
Parcel #21301140291288
Interior Features

Heating

Natural Gas

Cooling

Wall Unit(s)

Basement

None

Laundry

Common Area
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesLeased
HOA & Community
HOA Fee
$596
Monthly

HOA Includes

HeatWaterInsuranceSecurityDoormanLawn CareScavengerSnow Removal

Association Amenities

Door PersonCoin LaundryElevator in ResidenceExercise RoomStorage
Tax & Financial
Annual Taxes
$1,057
Tax Year 2024
Monthly Tax Est.
$88
per month
Price Reduced by $1
Original list price: $70,000
Property Location

7337 South Shore Drive, Chicago, IL 60649 — Cook County

$69,999
7337 South Shore Drive
1 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
85 days on market
602 x 182
$1,057/yr taxes
$596 HOA (monthly)
Price reduced $1
$1,052
estimated monthly payment
Principal & Interest
$368/mo
Property Tax
$88/mo
HOA
$596/mo
$69,999
20% — $14,000
3%50%
6.875%
3%12%
Loan Amount
$55,999
Down Payment
$14,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Precious Credit
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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