Experience lakefront living at the highly desirable Lake Terrace Condominiums! This is a 6th flr. 1-bedroom, 1-bathroom condo in need of updating. Has great potential. 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!
New
$39,950
7337 S South Shore Dr APT 620, Chicago, IL 60649
1beds
750sqft
Condominium, Single Family Residence
Built in 1962
-- sqft lot
$-- Zestimate®
$53/sqft
$588/mo HOA
What's special
Lakefront living
- 4 days |
- 160 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Julian Taylor 773-908-9691,
Goldtree Realty, Inc,
Ira Mizell,
Goldtree Realty, Inc
Source: MRED as distributed by MLS GRID,MLS#: 12730492
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11X12
Dining room
- Level: Main
- Dimensions: COMBO
Kitchen
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10X8
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: 750 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: 21301140291219
- 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: $588 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $53,970
- Annual tax amount: $1,008
- Date on market: 8/11/2026
- Ownership: Condo
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$1,488/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2014 | Sold | $16,000-75.4%$21/sqft |
Source:  MRED as distributed by MLS GRID #08423416 Report a problem | ||
| 1/13/2004 | Sold | $65,000+116.7%$87/sqft |
Source: Public Record Report a problem | ||
| 4/9/1999 | Sold | $30,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,009 +217.8% | $5,397 +260% |
| 2023 | $317 +2.9% | $1,499 |
| 2022 | $308 +2.3% | $1,499 |
| 2021 | $301 -17.1% | $1,499 -8.1% |
| 2020 | $364 +0.2% | $1,632 -9.6% |
| 2019 | $363 +1.7% | $1,806 |
| 2018 | $357 +8% | $1,806 +17.7% |
| 2017 | $330 +7.5% | $1,535 |
| 2016 | $307 -9.8% | $1,535 -17.5% |
| 2015 | $341 -5.1% | $1,861 -3.9% |
| 2014 | $359 -16% | $1,936 -17.7% |
| 2013 | $428 +1.4% | $2,351 |
| 2012 | $422 -28.5% | $2,351 -35.4% |
| 2011 | $590 -0.4% | $3,641 |
| 2010 | $592 -16.5% | $3,641 -20% |
| 2009 | $710 +17.5% | $4,552 +8% |
| 2008 | $604 -11.6% | $4,213 -12.5% |
| 2007 | $684 -1.1% | $4,815 |
| 2006 | $691 +23.9% | $4,815 +41% |
| 2005 | $558 +1% | $3,415 |
| 2004 | $552 +2.2% | $3,415 |
| 2003 | $540 +1.4% | $3,415 +15.1% |
| 2002 | $533 +3.7% | $2,967 |
| 2001 | $514 +19.5% | $2,967 |
| 2000 | $430 -0.7% | $2,967 +32.6% |
| 1999 | $433 | $2,238 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Shore
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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A local agent can set up tours, give advice and negotiate with sellers.
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