7337 S South Shore Drive Unit 430
Chicago, IL 60649
- 2 beds
- 1 bath
- 933 sqft
- $90 per sqft
- 1964 build
- – on site
Welcome to 7337 S South Shore Dr Unit 430, a 2-bedroom, 1-bathroom condo in the heart of Chicago's vibrant South Shore neighborhood. This incredible unit offers an unparalleled view of the majestic Lake Michigan, making it the perfect opportunity for those looking to create their dream home with a touch of personalization. Whether you're a handyman or looking for a property that qualifies for rehab financing, this condo is a true diamond in the rough, with the potential to be transformed into a stunning lakeside retreat. Upon entering, you'll be greeted by a spacious and bright living area, where large windows frame breathtaking views of the lake. Imagine waking up to the serene sight of the water every morning, or unwinding in the evening while watching the colors of the sunset reflect on the lake's surface. The living space flows effortlessly into the dining area, making it perfect for hosting guests or enjoying cozy dinners with a backdrop that's second to none. The two bedrooms are generously sized, offering plenty of space for rest and relaxation. The master bedroom also enjoys its own lake view, providing a private escape from the city's hustle and bustle. The second bedroom offers flexibility, whether you need an additional sleeping area, a home office, or a creative space. The full bathroom is conveniently located and ready for a modern update to suit your personal style. One of the standout features of this building is its magnificent terrace, which faces directly toward Lake Michigan. As a resident, you'll have access to this expansive outdoor space, perfect for soaking up the sun, enjoying fresh air, or simply taking in the sweeping views of the lake. Whether you're reading a book, enjoying a cup of coffee, or entertaining friends and family, the terrace provides a tranquil escape just steps from your door. While this condo is brimming with potential, it does require some updates and improvements to fully bring it to life. For those with a vision, this property presents an incredible opportunity to customize and renovate. Whether you plan to utilize rehab financing or prefer to tackle projects yourself, the foundation is solid, and the location is second to none. With your personal touch, this condo could easily be transformed into a chic and modern lakefront haven. Beyond the unit itself, the location offers unbeatable convenience. Situated along the lakefront, you're just steps away from the South Shore Cultural Center, the lakefront trail, and nearby beaches. Public transportation options are easily accessible, and you're just minutes away from downtown Chicago, offering the perfect balance of peaceful lakeside living and city convenience. Local dining, shopping, and entertainment options are all within reach, adding to the appeal of this sought-after neighborhood. Don't miss out on this rare opportunity to own a condo with stunning lake views, a prime location, and endless possibilities. Whether you're an investor looking for a great project or a buyer ready to create your dream home, this unit at 7337 S South Shore Dr is full of potential. Schedule your showing today and start imagining the beautiful transformation that awaits at this lakeside gem.
Listing courtesy of MRED / eXp Realty, LLC as distributed by MLS GRID
Last checked:
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Last updated Nov 11, 2024
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MLS# 12149121 —
The Building
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Year Built:1964
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:None
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Foundation Details:Concrete Perimeter
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Disability Access:No
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Stories Total:14
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Total SqFt:933
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Total SqFt:933
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Main SqFt:933
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Living Area Source:Plans
Interior
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Rooms Total:5
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Room Type:Foyer
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Interior Features:Wood Laminate Floors
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Laundry Features:Common Area
Room Dimensions
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Living Area:933
Location
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Directions:Take South Shore Dr from either North or South to the Lake Terrace building
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Location:28956
The Property
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Parcel Number:21301140291338
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Property Type:Residential
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Location:N
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Lot Features:Lake Front, Landscaped, Park Adjacent, Water View
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Lot Size Dimensions:COMMON
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Lot Size Source:County Records
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Rural:N
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 613-9900
- Office phone:
- (888) 574-9405
Taxes
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Tax Year:2022
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Tax Annual Amount:411
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:1
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Full Baths:1
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:REO/Lender Owned
Heating & Cooling
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Heating:Baseboard, Radiant
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Cooling:Window/Wall Units - 3+
Utilities
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Sewer:Public Sewer
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Electric:100 Amp Service
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Subdivision Name:Lake Terrace Condominiums
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Pets Allowed:Cats OK, Dogs OK
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Association Amenities:Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s)
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Association Fee:677
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Association Fee Includes:Heat, Water, Gas, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Monthly cost estimate
Asking price
$84,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$454
|
Taxes | $34 |
Insurance | $23 |
HOA fees | $677 |
Utilities | $128 See report |
Total | $1,316/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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8/27/24
Aug 27, 2024
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Listed / Active | MRED | $84,900 | -23.5% (-1.4% / YR) |
10/10/07
Oct 10, 2007
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MRED | $111,000 |