Experience lakefront living at the highly desirable Lake Terrace Condominiums! This is a 6th flr. 1-bedroom, 1-bathroom condo with a separate eat in area and lvrm. In need of much updating and repairs. Situated in an 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
$42,950
7337 S South Shore Dr APT 616, Chicago, IL 60649
1beds
800sqft
Condominium, Single Family Residence
Built in 1962
-- sqft lot
$-- Zestimate®
$54/sqft
$1,424 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,424/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Julian Taylor 773-908-9691,
Goldtree Realty, Inc,
Ira Mizell,
Goldtree Realty, Inc
Bought with:
Ada Ramirez, ,ABR
HomeSmart Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12679645
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11X14
Dining room
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8X8
Kitchen
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9X10
Living room
- Level: Main
- Area: 204 Square Feet
- Dimensions: 12X17
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: 21301140291173
- 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: $630 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $57,870
- Annual tax amount: $1,081
- Date on market: 6/16/2026
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Sold | $42,950+160.3%$54/sqft |
Source:  MRED as distributed by MLS GRID #12679645 Report a problem | ||
| 10/31/2014 | Sold | $16,500-16.7%$21/sqft |
Source: MRED as distributed by MLS GRID #08721326 Report a problem | ||
| 9/12/2014 | Pending sale | $19,800$25/sqft |
Source: RE/MAX Synergy #08721326 Report a problem | ||
| 9/7/2014 | Listed for sale | $19,800$25/sqft |
Source: RE/MAX Synergy #08721326 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,082 +240.8% | $5,787 +286.1% |
| 2023 | $317 +2.9% | $1,499 |
| 2022 | $308 +2.3% | $1,499 |
| 2021 | $301 -22.7% | $1,499 -14.4% |
| 2020 | $390 +0.2% | $1,751 -9.6% |
| 2019 | $389 +1.7% | $1,937 |
| 2018 | $383 +8% | $1,937 +17.7% |
| 2017 | $354 +7.5% | $1,646 |
| 2016 | $330 -9.9% | $1,646 -17.5% |
| 2015 | $366 -5.1% | $1,996 -3.9% |
| 2014 | $385 -16% | $2,076 -17.7% |
| 2013 | $459 +1.4% | $2,522 |
| 2012 | $453 -28.5% | $2,522 -35.4% |
| 2011 | $633 -0.4% | $3,905 |
| 2010 | $635 -16.5% | $3,905 -20% |
| 2009 | $761 +17.5% | $4,882 +8.1% |
| 2008 | $648 -11.6% | $4,517 -12.5% |
| 2007 | $733 -1.1% | $5,163 |
| 2006 | $741 +23.9% | $5,163 +41% |
| 2005 | $598 +1% | $3,661 |
| 2004 | $592 +2.2% | $3,661 |
| 2003 | $579 +1.4% | $3,661 +15.1% |
| 2002 | $572 +3.8% | $3,181 |
| 2001 | $551 +19.5% | $3,181 |
| 2000 | $461 -0.7% | $3,181 +32.5% |
| 1999 | $464 | $2,400 |
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 616
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