7337 S South Shore Drive # 514 Chicago, IL $ 71,900
7337 S South Shore Drive # 514
$ 71,900
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7337 S South Shore Drive # 514

Chicago, IL, 60649
$ 71,900
Bedrooms1 Baths1.0 Sq 850

Monthly Estimate*

$ 449

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Condo for sale in Chicago, IL

for $71,900 with 1 bedroom and 1 full bath. This 850 square foot condo was built in 1964.

Welcome to Lake Terrace Condominiums! Large 1 bedroom condo with gorgeous views of the Lake! Well maintained unit with ample closet space for a 1 bedroom unit. Looking for more space? The adjacent 2 bedroom, Unit #515, is also on the market, presenting a unique opportunity to own 2 side-by-side residences with the possibility of combining them into one expansive 3 bedroom unit. Great potential for owner occupant or investor who wants to rent to a tenant. The building amenities include 24/7 security with door staff, a large, coin operated laundry room, exercise room, dry cleaners and sundeck. Prime location which is very conveniently located within minutes of the beach, tennis courts, Lake Shore Drive, South Shore Cultural Center, Jackson Park Golf Course, future Obama Library, Metra train station, and #6 and#26 CTA Bus lines and shopping. Sold As-Is. CASH Deals preferred!

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Condo Active

Price

$ 71,900

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 317

Style

Condo

Year Built

1964

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12458116

Features
General
Living Area 850
Sewer Public Sewer
Heating Natural Gas
Cooling Window Unit(s)
Possession Closing
Appliances Range Refrigerator
HOA Fee 612
Association Fee Includes Heat Water Gas Insurance Doorman Exercise Facilities Exterior Maintenance Lawn Care Scavenger Snow Removal
Construction Materials Brick
Pets Allowed Additional Pet Rent Cats OK Deposit Required Dogs OK
Year Built 1964
Township Hyde Park
Unit Number 514
Tax Year 2023
Ownership Condo
Accessibility Door Width 32 Inches or More Main Level Entry Common Area
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Door Person Coin Laundry Elevator(s) Exercise Room Storage On Site Manager/Engineer Party Room Receiving Room Sauna Service Elevator(s)
Total Rooms 4
Full Baths 1
Status Active
Directions Take South Lake Shore Drive to 7337 S South Shore Drive. Welcome
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 317
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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Interior
Interior Amenities Doorman Lobby
Basement None
Total Stories 14
Half Baths 0
Laundry Features Common Area
Total Bedrooms 1
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 1
Total Number of Units 360
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Exterior
Water Source Lake Michigan
Total Parking 0
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N Y
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* Excluded Features
List By
Phenomenal Properties Inc

Broker

portia@phenomenalproperties.net

Email

Affordability Calculator

$475
Per Month
94%
6%
0%
Monthly Principal & Interest
$449
Monthly Property Taxes
$26
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2025$71,900 -0.14% Price Down
9/16/2025$72,000 -2.70% Price Down
9/8/2025$74,000 -3.90% Price Down
8/29/2025$77,000 Listed Price

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7337 S South Shore Drive # 514, Chicago, IL, 60649 is a Condo for sale at $71,900 with 850 sqft. 7337 S South Shore Drive # 514 has 1 bedrooms, 1.0 baths, and was built in 1964. The property's zip code is 60649 which is in Chicago, IL