7337 S South Shore Drive # 406 Chicago, IL $ 59,000
7337 S South Shore Drive # 406
$ 59,000
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7337 S South Shore Drive # 406

Chicago, IL, 60649
$ 59,000
Bedrooms1 Baths1.0

Monthly Estimate*

$ 363

7337 S South Shore Drive # 406, Chicago, IL 60649 - Image 1
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7337 S South Shore Drive # 406, Chicago, IL 60649 - Image 9

Condo for sale in Chicago, IL

for $59,000 with 1 bedroom and 1 full bath. This condo was built in 1960.

Experience the best of lakefront living at Lake Terrace Condominiums! This spacious one-bedroom residence offers modern comfort, abundant natural light, and unbeatable views just steps from Lake Michigan. The unit is currently tenant-occupied, providing an excellent opportunity for investors seeking immediate rental income. Perfect for both homeowners and investors, the unit is located in a well-maintained, investor-friendly building. Enjoy premium amenities including 24-hour door staff and security, a fitness center, event space with panoramic lake views, laundry facilities, and on-site cleaning services. Ideally situated near the Obama Presidential Library, South Shore Cultural Center, and scenic parks and Lake Michigan beaches, this condo offers easy access to dining, transit, and recreation. Discover exceptional value and convenience in one of Chicago's fastest-growing neighborhoods. Schedule your private showing today-motivated seller!

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Condo Active

Price

$ 59,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 1,065

Style

Condo

Year Built

1960

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12500186

Features
General
Living Area 0
Sewer Public Sewer
Heating Indv Controls
Cooling Wall Unit(s)
Possession Tenant's Rights
HOA Fee 601
Garage Spaces 2
Association Fee Includes Heat Water Taxes Insurance Security Doorman Clubhouse Exercise Facilities Exterior Maintenance Lawn Care Scavenger Snow Removal Lake Rights
Construction Materials Brick
Pets Allowed Cats OK Dogs OK
Year Built 1960
Township Hyde Park
Unit Number 406
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Boat Dock Door Person Coin Laundry Elevator(s) Exercise Room Storage On Site Manager/Engineer Party Room Service Elevator(s) Valet/Cleaner
Total Rooms 4
Full Baths 1
Status Active
Directions South Shore Drive N or S to 7337 S. Shore Drive
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 1065.52
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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Interior
Basement None
Total Stories 13
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 365
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Exterior
Parking Features Yes Other Attached Garage
Water Source Public
Total Parking 4
Lot Dimensions Common
Waterfront Y/N Y
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* Excluded Features
List By
Blue Door Dave Inc

Broker

deja.brealestate@gmail.com

Email

Affordability Calculator

$452
Per Month
80%
20%
0%
Monthly Principal & Interest
$363
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
12/31/2025$59,000 -6.35% Price Down
11/14/2025$63,000 -3.08% Price Down
10/21/2025$65,000 Listed Price

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7337 S South Shore Drive # 406, Chicago, IL, 60649 is a Condo for sale at $59,000. 7337 S South Shore Drive # 406 has 1 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 60649 which is in Chicago, IL