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!
Closed
$55,000
7337 S South Shore Dr APT 406, Chicago, IL 60649
1beds
--sqft
Condominium, Single Family Residence
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$1,565 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,565/mo
Zestimate® history
Owner options
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$925/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Deja Blair 312-344-1487,
Blue Door Dave Inc
Bought with:
Precious Credit
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12500186
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 182 Square Feet
- Dimensions: 13X14
Dining room
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10X8
Kitchen
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10X8
Living room
- Level: Main
- Area: 285 Square Feet
- Dimensions: 15X19
Heating
- Indv Controls
Cooling
- Wall Unit(s)
Appliances
- Laundry: Common Area
Features
- Basement: None
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 4
- Parking features: Yes, Other, Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Has view: Yes
- View description: Back of Property
- Has water view: Yes
- Water view: Back of Property
Details
- Parcel number: 21301140291063
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Boat Dock, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Service Elevator(s), Valet/Cleaner
- Services included: Heat, Water, Taxes, Insurance, Security, Doorman, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights
- HOA fee: $601 monthly
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $57,010
- Annual tax amount: $1,065
- Date on market: 10/21/2025
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Sold | $55,000-3.5% |
Source:  MRED as distributed by MLS GRID #12500186 Report a problem | ||
| 2/20/2026 | Pending sale | $57,000 |
Source: MRED as distributed by MLS GRID #12500186 Report a problem | ||
| 2/10/2026 | Price change | $57,000-3.4% |
Source: MRED as distributed by MLS GRID #12500186 Report a problem | ||
| 12/31/2025 | Price change | $59,000-6.3% |
Source: MRED as distributed by MLS GRID #12500186 Report a problem | ||
| 11/14/2025 | Price change | $63,000-3.1% |
Source: MRED as distributed by MLS GRID #12500186 Report a problem | ||
| 10/21/2025 | Listed for sale | $65,000 |
Source: MRED as distributed by MLS GRID #12500186 Report a problem | ||
| 7/24/2025 | Listing removed | $65,000 |
Source: MRED as distributed by MLS GRID #12373383 Report a problem | ||
| 5/23/2025 | Listed for sale | $65,000+8.3% |
Source: MRED as distributed by MLS GRID #12373383 Report a problem | ||
| 1/11/2024 | Sold | $60,000-3.2% |
Source: MRED as distributed by MLS GRID #11925328 Report a problem | ||
| 11/21/2023 | Contingent | $62,000 |
Source: MRED as distributed by MLS GRID #11925328 Report a problem | ||
| 11/11/2023 | Listed for sale | $62,000+244.4% |
Source: MRED as distributed by MLS GRID #11925328 Report a problem | ||
| 2/28/2014 | Listing removed | $18,000 |
Source: Home Evolucion Real Estate Corp. #08311723 Report a problem | ||
| 7/31/2013 | Pending sale | $18,000 |
Source: Home Evolucion Real Estate Corp. #08311723 Report a problem | ||
| 5/31/2013 | Price change | $18,000-18.2% |
Source: Home Evolucion Real Estate Corp. #08311723 Report a problem | ||
| 4/9/2013 | Listed for sale | $22,000+10% |
Source: Home Evolucion Real Estate Corp. #08311723 Report a problem | ||
| 4/1/2012 | Listing removed | $20,000 |
Source: Evolution Real Estate Corp #07923646 Report a problem | ||
| 11/10/2011 | Listed for sale | $20,000 |
Source: Evolution Real Estate Corp #07923646 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
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.
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- Illinois
- Cook County
- Chicago
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- South Shore
- 7337 S South Shore Dr Apartment 406
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