Experience lakefront living at the highly desirable Lake Terrace Condominiums! This spacious 1-bedroom, 1-bathroom condo is flooded with abundant natural light. Bring your creative design ideas to life-this unit is a fantastic blank canvas ready for a custom rehab. Situated in a well-maintained, investor-friendly building, residents enjoy premium amenities including 24-hour door staff and security, a fitness center, and convenient on-site laundry facilities. Perfect for an owner-occupant looking to build equity or an investor looking for a high-potential property! Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition!
Closed
$41,501
7337 S South Shore Dr APT 131, Chicago, IL 60649
1beds
800sqft
Condominium, Single Family Residence
Built in 1962
-- sqft lot
$-- Zestimate®
$52/sqft
$1,424 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,424/mo
Zestimate® history
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Lakefront living
Zillow last checked:
Listing updated:
Listed by:
Julian Taylor 773-908-9691,
Goldtree Realty, Inc,
Ira Mizell,
Goldtree Realty, Inc
Bought with:
Non Member
NON MEMBER
Source: MRED as distributed by MLS GRID,MLS#: 12678508
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10X8
Living room
- Level: Main
- Area: 270 Square Feet
- Dimensions: 15X18
Heating
- Natural Gas, Baseboard
Cooling
- Wall Unit(s)
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Yes, Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Has view: Yes
- View description: Side(s) of Property
- Has water view: Yes
- Water view: Side(s) of Property
- Body of water: LAKE MICHIGAN
Details
- Parcel number: 21301140291348
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Services included: Heat, Water, Insurance, Security, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger
- HOA fee: $351 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $32,170
- Annual tax amount: $601
- Date on market: 6/15/2026
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Sold | $41,501$52/sqft |
Source:  MRED as distributed by MLS GRID #12678508 Report a problem | ||
| 11/13/2025 | Listing removed | $1,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/4/2025 | Price change | $1,400+7.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/14/2025 | Price change | $1,300-7.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/4/2025 | Listed for rent | $1,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $601 +469.2% | $3,217 +544.7% |
| 2023 | $106 +2.9% | $499 |
| 2022 | $103 +2.3% | $499 |
| 2021 | $100 -53.7% | $499 -48.7% |
| 2020 | $217 +0.1% | $972 -9.7% |
| 2019 | $216 +1.7% | $1,076 |
| 2018 | $213 +7.9% | $1,076 +17.6% |
| 2017 | $197 +7.5% | $915 |
| 2016 | $183 -9.8% | $915 -17.5% |
| 2015 | $203 -5.1% | $1,109 -3.9% |
| 2014 | $214 -16% | $1,154 -17.7% |
| 2013 | $255 +1.4% | $1,402 |
| 2012 | $252 -28.5% | $1,402 -35.4% |
| 2011 | $352 -0.4% | $2,170 |
| 2010 | $353 -16.5% | $2,170 -20% |
| 2009 | $423 +17.5% | $2,713 +8% |
| 2008 | $360 -11.6% | $2,511 -12.5% |
| 2007 | $408 -1.1% | $2,870 |
| 2006 | $412 +23.9% | $2,870 +41% |
| 2005 | $333 +1% | $2,035 |
| 2004 | $329 +2.2% | $2,035 |
| 2003 | $322 +1.4% | $2,035 +15.1% |
| 2002 | $318 +3.7% | $1,768 |
| 2001 | $306 +19.5% | $1,768 |
| 2000 | $256 -0.7% | $1,768 +32.5% |
| 1999 | $258 | $1,334 |
Find assessor info on the county website
Neighborhood: South Shore
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Nearby schools
GreatSchools rating
- 4/10Powell Elementary Paideia Community AcademyGrades: PK-8Distance: 0.2 mi
- 4/10South Shore Intl Col Prep High SchoolGrades: 9-12Distance: 1 mi
- 1/10Chicago Vocational Career Academy High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Illinois
- Cook County
- Chicago
- 60649
- South Shore
- 7337 S South Shore Dr Apartment 131
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