7337 S South Shore Drive Unit 408
Chicago, IL 60649
- 1 bed
- 1 bath
- 800 sqft
- $62 per sqft
- 1964 build
- – on site
Enjoy Lakefront Living at an Unbeatable Price! Welcome to Lake Terrace Condominiums in the heart of South Shore. This spacious 1-bedroom, 1-bathroom unit offers stunning sunset views and is perfect for first-time buyers or investors. Located on the 4th floor, the condo features approximately 800 sq ft of living space and is ready for your personal touch-sold AS IS and priced to sell. The building offers fantastic amenities including a fitness center, outdoor lakefront terrace, on-site laundry, convenience store, and 24-hour door staff. Street parking is available, with private parking on a waitlist. Just minutes from downtown Chicago, the University of Chicago, public transportation, shopping, and dining. Tenant has moved out - unit is vacant and easy to show.
Last checked:
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Last updated Apr 21, 2025
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MLS# 12329836 —
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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Construction Materials:Brick
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Basement:None
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Disability Access:No
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Stories Total:13
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Living Area Source:Landlord/Tenant/Seller
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Entry Level:4
Interior
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Room Type:No additional rooms
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Rooms Total:3
Room Dimensions
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Living Area:800
Location
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Directions:West on 75 set, South on South ShoreDr to property
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Location:15902
The Property
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Parcel Number:21301140291087
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Property Type:Residential
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Lot Size Dimensions:CONDO
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Waterfront:true
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 491-9045
- Office phone:
- (773) 472-6900
Taxes
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Tax Year:2023
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Tax Annual Amount:317
Beds
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Bedrooms Total:1
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Bedrooms Possible:1
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
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Cooling:Wall Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
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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Pets Allowed:Cats OK
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Association Fee:560
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Association Fee Includes:Water, Insurance, Doorman, 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
$49,900
| 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. |
$267
|
| Taxes | $26 |
| Insurance | $13 |
| HOA fees | $560 |
| Utilities | $116 See report |
| Total | $982/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.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/21/25
Apr 21, 2025
|
Price Changed | MRED | $49,900 | -16.7% |
|
4/4/25
Apr 4, 2025
|
Listed / Active | MRED | $59,900 | |
|
11/13/24
Nov 13, 2024
|
Price Changed | MRED |
