Welcome to Lake Terrace Condominiums! With stunning views of Lake Michigan, and the City. This 5th floor unit features two bedrooms and one full bath. The kitchen offers many cabinets and an eat - in breakfast bar. The building has newer thermopane windows. Unit has ceiling fans and blinds. All rooms are spacious and offer generous closet space throughout. Location of unit is convenient next to elevator. View of Lake Michigan from the master bedroom. Building amenities include: workout room - patio - party room - laundry room - storage unit. Building is very secure with a 24 hour doorman attendant. Guest parking. Huge outside patio, great for entertaining with 180 degree views of Lake Michigan. Building is close to the Museum - Beaches - Golf Course - Bike path - Park - Shopping - Dining - And much more!
Closed
$65,000
7337 S South Shore Dr APT 502, Chicago, IL 60649
2beds
611sqft
Condominium, Single Family Residence
Built in 1940
-- sqft lot
$70,200 Zestimate®
$106/sqft
$1,211 Estimated rent
Home value
$70,200
$62,000 - $79,000
$1,211/mo
Zestimate® history
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$1,044/mo
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Zillow last checked:
Listing updated:
Listed by:
Tim Sotis 630-669-9901,
RE/MAX All Pro
Bought with:
Andrew Dorazio
Fitzgerald Real Estate Inc.
Source: MRED as distributed by MLS GRID,MLS#: 11801379
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Parquet), Window Treatments (Bay Window(s), Blinds)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 2
- Features: Flooring (Parquet), Window Treatments (Blinds)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Galley), Flooring (Wood Laminate)
- Level: Main
- Area: 112 Square Feet
- Dimensions: 14X8
Living room
- Features: Flooring (Parquet), Window Treatments (Blinds)
- Level: Main
- Area: 234 Square Feet
- Dimensions: 18X13
Heating
- Natural Gas, Radiant
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Microwave, Refrigerator
- Laundry: Common Area
Features
- Elevator, Storage, Dining Combo, Shops
- Windows: Drapes
- Basement: Finished,Exterior Entry,Storage Space,Full,Walk-Out Access
Interior area
- Total structure area: 0
- Total interior livable area: 611 sqft
Property
Parking
- Parking features: Asphalt, Off Street, Guest, Parking Lot, On Site, Other
Accessibility
- Accessibility features: No Disability Access
Features
- Patio & porch: Deck, Patio
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Beach Access, Lake Front, Waterfront
Lot
- Features: Common Grounds
Details
- Additional structures: None
- Parcel number: 21301140291018
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Tar/Gravel
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Park, Sidewalks, Street Lights
- Subdivision: Lake Terrace Condominiums
HOA
- Has HOA: Yes
- Amenities included: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Sauna, Security Door Lock(s), Service Elevator(s), Ceiling Fan, Laundry, Intercom, Patio, Public Bus, Picnic Area, School Bus, Security
- Services included: Heat, Water, Insurance, Security, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $661 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $66,110
- Annual tax amount: $1,584
- Date on market: 6/7/2023
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2025 | Listing removed | $1,750$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/19/2025 | Listed for rent | $1,750-7.9%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/19/2025 | Listing removed | $1,900$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/9/2025 | Listed for rent | $1,900+72.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/31/2025 | Sold | $65,000+8.3%$106/sqft |
Source: Public Record Report a problem | ||
| 8/1/2023 | Sold | $60,000-7.6%$98/sqft |
Source:  MRED as distributed by MLS GRID #11801379 Report a problem | ||
| 7/15/2023 | Contingent | $64,900$106/sqft |
Source: MRED as distributed by MLS GRID #11801379 Report a problem | ||
| 7/14/2023 | Listed for sale | $64,900$106/sqft |
Source: MRED as distributed by MLS GRID #11801379 Report a problem | ||
| 7/3/2023 | Contingent | $64,900$106/sqft |
Source: MRED as distributed by MLS GRID #11801379 Report a problem | ||
| 6/7/2023 | Listed for sale | $64,900-3.1%$106/sqft |
Source: MRED as distributed by MLS GRID #11801379 Report a problem | ||
| 8/25/2022 | Sold | $67,000+3.1%$110/sqft |
Source: Public Record Report a problem | ||
| 6/3/2022 | Listed for sale | $65,000+97%$106/sqft |
Source: MRED as distributed by MLS GRID #11424403 Report a problem | ||
| 10/3/2016 | Sold | $33,000-12%$54/sqft |
Source: Public Record Report a problem | ||
| 9/9/2016 | Pending sale | $37,500$61/sqft |
Source: Newman Realty #09314415 Report a problem | ||
| 8/12/2016 | Listed for sale | $37,500$61/sqft |
Source: Newman Realty #09314415 Report a problem | ||
| 7/26/2014 | Listing removed | $1,100$2/sqft |
Source: Coldwell Banker Residential Brokerage - Hyde Park #08501996 Report a problem | ||
| 12/13/2013 | Listed for rent | $1,100$2/sqft |
Source: Coldwell Banker Residential Brokerage - Hyde Park #08501996 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,236 +191.9% | $6,611 +230.7% |
| 2023 | $423 +3% | $1,999 |
| 2022 | $411 +2.3% | $1,999 |
| 2021 | $402 -9.8% | $1,999 -0.1% |
| 2020 | $446 +0.2% | $2,000 -9.6% |
| 2019 | $445 +1.7% | $2,213 |
| 2018 | $437 +8% | $2,213 +17.7% |
| 2017 | $405 +7.5% | $1,881 |
| 2016 | $377 -9.9% | $1,881 -17.5% |
| 2015 | $418 -5% | $2,281 -3.8% |
| 2014 | $440 -16% | $2,371 -17.7% |
| 2013 | $524 +1.4% | $2,881 |
| 2012 | $517 -28.5% | $2,881 -35.4% |
| 2011 | $723 -0.4% | $4,461 |
| 2010 | $726 -16.5% | $4,461 -20% |
| 2009 | $870 +17.5% | $5,577 +8.1% |
| 2008 | $740 -11.6% | $5,160 -12.5% |
| 2007 | $838 -1.1% | $5,898 |
| 2006 | $847 +23.9% | $5,898 +41% |
| 2005 | $683 +1% | $4,182 |
| 2004 | $676 +2.2% | $4,182 |
| 2003 | $662 +1.4% | $4,182 +15.1% |
| 2002 | $653 +3.8% | $3,634 |
| 2001 | $629 +19.5% | $3,634 |
| 2000 | $527 +0% | $3,634 +32.6% |
| 1999 | $527 | $2,741 |
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
- Elementary: Powell Elementary School Paideia
- Middle: Hope College Prep High School
- High: Chicago Vocational Achievement A
- 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
$70,200
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Estimated market value
$70,200
- Illinois
- Cook County
- Chicago
- 60649
- South Shore
- 7337 S South Shore Dr Apartment 502
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