Enjoy easy, stair-free living in this beautiful lakeside condo with stunning water views from every window! Lake Terrace is the perfect place for owner occupants, and investors! The recently updated vinyl wood flooring adds a touch of elegance to the open concept living and dining space. Prepare your favorite meals in the updated kitchen, which boasts custom cabinets and stunning granite countertops. Retreat at day's end to the elegant primary bedroom, where the vinyl flooring seamlessly continues. The unit is completed with an updated spa-inspired full bathroom. But that's not all. The building itself offers a variety of amenities that enhance your lifestyle. Host social gatherings in the party room, soak up the sun on the communal lake-side deck, stay active in the exercise room, and take advantage of the convenient laundry room. On-site management and a 24-hour doorman provides an added level of security and peace of mind. Gas, water, and heat are included in the HOA fee and pets are welcome! Conveniently located, this condo offers easy access to a wide range of amenities. Whether you're in the mood for shopping, want to explore the nearby South Shore and Rainbow beaches, or need to commute via Metra or CTA, everything is within reach. A preferred lender offers a reduced interest rate for this listing. Schedule a viewing today!
Closed
$62,000
7337 S South Shore Dr APT 803, Chicago, IL 60649
1beds
700sqft
Condominium, Single Family Residence
Built in 1962
-- sqft lot
$70,300 Zestimate®
$89/sqft
$1,339 Estimated rent
Home value
$70,300
$58,000 - $85,000
$1,339/mo
Zestimate® history
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List your homeWhat's special
Stunning water viewsCommunal lake-side deckCustom cabinetsLake terraceVinyl flooringUpdated kitchenExercise room
Zillow last checked:
Listing updated:
Listed by:
Melissa Kingsbury 224-699-5002,
Redfin Corporation
Bought with:
Thomas Sweeney
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 11817464
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Vinyl)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Dining room
- Features: Flooring (Vinyl)
- Level: Main
- Dimensions: COMBO
Kitchen
- Features: Kitchen (Custom Cabinetry, Granite Counters), Flooring (Vinyl)
- Level: Main
- Area: 70 Square Feet
- Dimensions: 10X7
Living room
- Features: Flooring (Vinyl)
- Level: Main
- Area: 266 Square Feet
- Dimensions: 19X14
Heating
- Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Microwave, Refrigerator
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 700 sqft
Property
Accessibility
- Accessibility features: No Disability Access
Features
- On waterfront: Yes
Details
- Parcel number: 21301140291032
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1962
- Major remodel year: 2019
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Subdivision: Lake Terrace Condominiums
HOA
- Has HOA: Yes
- Amenities included: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, On Site Manager/Engineer, Park, Party Room, Sundeck, Receiving Room, Sauna, Security Door Lock(s), Service Elevator(s), Tennis Court(s), Valet/Cleaner
- Services included: Heat, Water, Doorman, Lawn Care, Scavenger, Snow Removal, None
- HOA fee: $599 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $56,350
- Annual tax amount: $1,053
- Date on market: 6/30/2023
- Listing terms: Cash
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2023 | Sold | $62,000-4.6%$89/sqft |
Source:  MRED as distributed by MLS GRID #11817464 Report a problem | ||
| 7/10/2023 | Contingent | $65,000$93/sqft |
Source: MRED as distributed by MLS GRID #11817464 Report a problem | ||
| 6/30/2023 | Listed for sale | $65,000$93/sqft |
Source: MRED as distributed by MLS GRID #11817464 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,053 +521.1% | $5,635 +275.9% |
| 2023 | $170 -45% | $1,499 |
| 2022 | $308 +47.6% | $1,499 |
| 2021 | $209 -45% | $1,499 -12.1% |
| 2020 | $380 +0.2% | $1,705 -9.6% |
| 2019 | $379 +1.7% | $1,886 |
| 2018 | $373 +8% | $1,886 +17.7% |
| 2017 | $345 +7.5% | $1,603 |
| 2016 | $321 -9.9% | $1,603 -17.5% |
| 2015 | $356 -5% | $1,944 -3.9% |
| 2014 | $375 -16% | $2,022 -17.7% |
| 2013 | $447 +1.3% | $2,456 |
| 2012 | $441 +52.5% | $2,456 -35.4% |
| 2011 | $289 +8.3% | $3,803 |
| 2010 | $267 +14% | $3,803 -20% |
| 2009 | $234 +2.8% | $4,754 +8.1% |
| 2008 | $228 +3.2% | $4,399 -12.5% |
| 2007 | $221 +0.8% | $5,028 |
| 2006 | $219 -5.1% | $5,028 +41% |
| 2005 | $231 +1.9% | $3,565 |
| 2004 | $226 +4.5% | $3,565 |
| 2003 | $217 -5.4% | $3,565 +15.1% |
| 2002 | $229 +23.2% | $3,098 |
| 2001 | $186 +27.2% | $3,098 |
| 2000 | $146 -3.8% | $3,098 +32.6% |
| 1999 | $152 | $2,336 |
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: Disney Ii Magnet High School
- High: Harper High School
- 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
$70,300
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
$70,300
- Illinois
- Cook County
- Chicago
- 60649
- South Shore
- 7337 S South Shore Dr Apartment 803
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