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  • $52,500

    7337 S South Shore Dr APT 430, Chicago, IL 60649

    2beds
    933sqft
    Condominium, Single Family Residence
    Built in 1964
    -- sqft lot
    $55,000 Zestimate®
    $56/sqft
    $1,624 Estimated rent

    Home value

    $55,000

    $50,000 - $61,000

    $1,624/mo

    Zestimate® history
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    $986/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Fernando Godoy, ABR,CSC,PSA,RENE,SFR,SRS (773)613-9900,

    eXp Realty

    Bought with:

    Grant Alexander

    Alexander & Associates Realty Group

    Source: MRED as distributed by MLS GRID,MLS#: 12149121MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Foyer
    Primary bedroom
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13X12
    Bedroom 2
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15X11
    Dining room
    • Level: Main
    • Dimensions: COMBO
    Foyer
    • Level: Main
    • Area: 40 Square Feet
    • Dimensions: 8X5
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Island)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Living room
    • Level: Main
    • Area: 285 Square Feet
    • Dimensions: 19X15
    Heating
    • Baseboard, Radiant
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Flooring: Laminate
    • Basement: None
    Interior area
    • Total structure area: 933
    • Total interior livable area: 933 sqft

    Property

    Parking
    • Parking features: Asphalt
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake Front
    Lot
    • Features: Landscaped
    Details
    • Parcel number: 21301140291338
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Park
    • Subdivision: Lake Terrace Condominiums
    HOA
    • Has HOA: Yes
    • Amenities included: Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s)
    • Services included: Heat, Water, Gas, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $677 monthly
    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $56/sqft
    • Tax assessed value: $67,200
    • Annual tax amount: $411
    • Date on market: 8/27/2024
    • Listing terms: Cash
    • Ownership: Condo

    Price history

    DateEventPrice
    10/10/2025Sold$52,500-52.7%$56/sqft
    Source: MRED as distributed by MLS GRID #12149121 Report a problem
    10/16/2007Sold$111,000+58.6%$119/sqft
    Source: Public Record Report a problem
    4/26/2006Sold$70,000+100%$75/sqft
    Source: Public Record Report a problem
    4/10/1996Sold$35,000$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$592 +161.9%$6,720 +236.2%
    2023$226 -45%$1,999
    2022$411 +65.1%$1,999
    2021$249 -45%$1,999 -1.7%
    2020$453 +0.2%$2,033 -9.6%
    2019$452 +1.7%$2,250
    2018$444 +8%$2,250 +17.7%
    2017$411 +7.5%$1,911
    2016$383 -9.9%$1,911 -17.6%
    2015$425 -5%$2,318 -3.9%
    2014$447 -16%$2,411 -17.7%
    2013$533 +1.3%$2,929
    2012$526 -28.5%$2,929 -35.4%
    2011$735 -0.4%$4,535
    2010$738 -16.5%$4,535 -20%
    2009$884 +17.5%$5,669 +8.1%
    2008$753 -11.6%$5,246 -12.5%
    2007$852 -1.1%$5,996
    2006$861 +23.9%$5,996 +41%
    2005$695 +1%$4,252
    2004$688 +2.2%$4,252
    2003$673 +1.4%$4,252 +15.1%
    2002$664 +3.7%$3,694
    2001$640 +19.5%$3,694
    2000$535 -0.7%$3,694 +32.5%
    1999$539 $2,787
    Find assessor info on the county website

    Neighborhood: South Shore

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $55,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $55,000