Lakefront living at the highly desirable Lake Terrace Condominiums! This is a REO Occupied 1 bedroom and 1 bath Condo! Please DO NOT DISTURB the occupant. 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! The property is sold in AS IS condition!
Price change
$24,950
7337 S South Shore Dr APT 1424, Chicago, IL 60649
1beds
750sqft
Condominium, Single Family Residence
Built in 1962
-- sqft lot
$-- Zestimate®
$33/sqft
$621/mo HOA
What's special
Lakefront living
- 10 days |
- 589 |
- 34 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Julian Taylor 773-908-9691,
Goldtree Realty, Inc,
Ira Mizell,
Goldtree Realty, Inc
Source: MRED as distributed by MLS GRID,MLS#: 12723854
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11X12
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10X8
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Heating
- Natural Gas, Baseboard
Cooling
- None
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 750 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: 21301140291274
- 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: $621 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $33/sqft
- Tax assessed value: $57,010
- Annual tax amount: $1,065
- Date on market: 8/4/2026
- Ownership: Condo
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$1,295/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/6/2013 | Listing removed | $800$1/sqft |
Source: RE/MAX City Report a problem | ||
| 11/5/2013 | Listed for rent | $800$1/sqft |
Source: RE/MAX City #08481504 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,066 +236% | $5,701 +280.6% |
| 2023 | $317 +2.9% | $1,498 |
| 2022 | $308 +2.3% | $1,498 |
| 2021 | $301 -21.6% | $1,498 -13.1% |
| 2020 | $384 +0.2% | $1,724 -9.6% |
| 2019 | $383 +1.7% | $1,908 |
| 2018 | $377 +8% | $1,908 +17.7% |
| 2017 | $349 +7.5% | $1,621 |
| 2016 | $325 -9.9% | $1,621 -17.5% |
| 2015 | $360 -5.1% | $1,966 -3.9% |
| 2014 | $379 -16% | $2,045 -17.7% |
| 2013 | $452 +1.3% | $2,485 |
| 2012 | $446 -28.5% | $2,485 -35.4% |
| 2011 | $623 -0.4% | $3,847 |
| 2010 | $626 -16.5% | $3,847 -20% |
| 2009 | $750 +17.5% | $4,809 +8.1% |
| 2008 | $638 -11.6% | $4,449 -12.5% |
| 2007 | $722 -1.1% | $5,086 |
| 2006 | $730 +23.9% | $5,086 +41% |
| 2005 | $589 +1% | $3,606 |
| 2004 | $583 +2.2% | $3,606 |
| 2003 | $571 +1.3% | $3,606 +15.1% |
| 2002 | $563 +3.8% | $3,134 |
| 2001 | $543 +19.5% | $3,134 |
| 2000 | $454 -0.7% | $3,134 +32.6% |
| 1999 | $457 | $2,364 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Shore
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.
- $60,0001 bd-- ba-- sqft7337 S South Shore Dr APT 101, Chicago, IL 60649Off Market
- $63,0001 bd-- ba-- sqft7337 S South Shore Dr APT 201, Chicago, IL 60649Off Market
- $58,400-- bd-- ba-- sqft7337 S South Shore Dr APT 301, Chicago, IL 60649Off Market
- $72,0001 bd1 ba800 sqft7337 S South Shore Dr APT 401, Chicago, IL 60649Sold
- $58,500-- bd-- ba-- sqft7337 S South Shore Dr APT 501, Chicago, IL 60649Off Market
- $65,6001 bd1 ba-- sqft7337 S South Shore Dr APT 601, Chicago, IL 60649Off Market
- $53,0001 bd1 ba-- sqft7337 S South Shore Dr APT 701, Chicago, IL 60649Off Market
- $60,6001 bd1 ba720 sqft7337 S South Shore Dr APT 801, Chicago, IL 60649Off Market
- $63,100-- bd-- ba-- sqft7337 S South Shore Dr APT 901, Chicago, IL 60649Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $25,0004 bd1 ba1k sqft7357 S Green St, Chicago, IL 60621Active
MLS ID #12721585, Ena Falls, Village Realty, Inc.. MRED as distributed by MLS GRID - $20,0002 bd1 ba810 sqft10114 S Winston Ave, Chicago, IL 60643Active
MLS ID #12727391, Dennis Brim, Prestige Partners Realty, Inc.. MRED as distributed by MLS GRID - $36,9001 bd1 ba740 sqft4850 S Lake Park Ave APT 903, Chicago, IL 60615New
MLS ID #12728372, Jerome Harper, Keller Williams ONEChicago. MRED as distributed by MLS GRID - $25,0003 bd1 ba720 sqft14104 S Claire Blvd, Robbins, IL 60472Active
MLS ID #12716606, Landon Kelly, Real Broker, LLC. MRED as distributed by MLS GRID - $25,0002 bd1 ba726 sqft2154 W 10th Pl, Gary, IN 46404For Sale
MLS ID #843423, Nancy Del Prado, Avid Real Estate LLC. NIRA as distributed by MLS GRID - $25,0003 bd1 ba1k sqft353 Tompkins St, Gary, IN 46406For SaleMLS ID #840208, Luke Mitchell, Legacy Realty Group LLC. NIRA as distributed by MLS GRID
- $25,4003 bd2 ba1k sqft427 Sterling St E #427SE, Justice, IL 60458New ConstructionRHP Properties
- $22,0002 bd1 ba1k sqft3 W 141st St, Riverdale, IL 60827AuctionMLS ID #11680356, Brian Brockman, Bang Realty. My State MLS
- $28,5003 bd1 ba1k sqft2345 E 21st Ave, Gary, IN 46407For SaleMLS ID #832180, Baverly Daniels, B. Daniels Real Estate, LLC. NIRA as distributed by MLS GRID
- $26,9993 bd1 ba858 sqft1105 W 15th Ave, Gary, IN 46407For SaleMLS ID #834544, Angelo Pedroza, Estate Squared Away. NIRA as distributed by MLS GRID
- $20,0002 bd1 ba936 sqft5316 W 8th Ave, Gary, IN 46406For SaleMLS ID #837183, Monika Teczar, Listing Leaders Lifestyles, LL. NIRA as distributed by MLS GRID
- $16,5002 bd1 ba780 sqft2301 E 20th Ave, Gary, IN 46407For SaleMLS ID #843469, Lia Dawson, Region Real Estate LLC. NIRA as distributed by MLS GRID
- $21,0002 bd1 ba884 sqft1733 Polk St, Gary, IN 46407For SaleMLS ID #840910, Luke Mitchell, Legacy Realty Group LLC. NIRA as distributed by MLS GRID
- $19,9002 bd1 ba672 sqft2247 Georgia St, Gary, IN 46407For SaleMLS ID #841220, John Sandridge, Eagle Pro Realty. NIRA as distributed by MLS GRID
- $27,0002 bd1 ba874 sqft229-231 W 37th Ave, Gary, IN 46408For SaleMLS ID #834985, Alaura Hawk, Realest.com. NIRA as distributed by MLS GRID
- $23,3333 bd2 ba984 sqft1148 Jackson St, Gary, IN 46407For SaleMLS ID #829195, Jorrdan Orr, McColly Real Estate. NIRA as distributed by MLS GRID
- $20,0004 bd3 ba720 sqft2409 Pennsylvania St, Gary, IN 46407For SaleMLS ID #837443, Brittany Wolak, New Chapter Real Estate. NIRA as distributed by MLS GRID
- $32,9003 bd2 ba952 sqft605 Sterling St W #605SW, Justice, IL 60458New ConstructionRHP Properties
- $18,0002 bd1 ba672 sqft2221 Kentucky St, Gary, IN 46407For SaleMLS ID #840912, Luke Mitchell, Legacy Realty Group LLC. NIRA as distributed by MLS GRID
- $19,0002 bd1 ba668 sqft3443 Pennsylvania St, Gary, IN 46409For SaleMLS ID #840210, Luke Mitchell, Legacy Realty Group LLC. NIRA as distributed by MLS GRID
