7337 S South Shore Drive #406
Chicago, IL, 60649
$65,000
1 Beds
1 Baths
0 SqFt
0 Acres
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$65,000
7337 S South Shore Drive #406
Chicago, IL, 60649
MLS #MRD12500186 image #0MLS #MRD12500186 image #1MLS #MRD12500186 image #2MLS #MRD12500186 image #3MLS #MRD12500186 image #4MLS #MRD12500186 image #5MLS #MRD12500186 image #6MLS #MRD12500186 image #7MLS #MRD12500186 image #8
Experience the best of lakefront living at Lake Terrace Condominiums! This spacious one-bedroom residence offers modern comfort, abundant natural light, and unbeatable views just steps from Lake Michigan. The unit is currently tenant-occupied, providing an excellent opportunity for investors seeking immediate rental income. Perfect for both homeowners and investors, the unit is located in a well-maintained, investor-friendly building. Enjoy premium amenities including 24-hour door staff and security, a fitness center, event space with panoramic lake views, laundry facilities, and on-site cleaning services. Ideally situated near the Obama Presidential Library, South Shore Cultural Center, and scenic parks and Lake Michigan beaches, this condo offers easy access to dining, transit, and recreation. Discover exceptional value and convenience in one of Chicago’s fastest-growing neighborhoods. Schedule your private showing today-motivated seller!

Property Details

Price:
$65,000
MLS #:
MRD12500186
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Neighborhood:
chisouthshore
Listed Date:
Oct 20, 2025
Year Built:
1960
WaterfrontChi – South ShoreChisouthshore

Schools

School District:
299

Interior

Bathrooms
1 Full Bathroom
Cooling
Wall Unit(s)
Heating
Indv Controls

Exterior

Association Amenities
Boat Dock, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Service Elevator(s), Valet/Cleaner
Construction Materials
Brick
Parking Features
On Site, Attached, Garage
Parking Spots
4

Financial

HOA Fee
$350
HOA Frequency
Monthly
HOA Includes
Heat, Water, Taxes, Insurance, Security, Doorman, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights
Tax Year
2023
Taxes
$317
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Condo in Chicago as of Nov 03, 2025
3,569
Condo Listed
65
Avg DOM
366
Avg $ / SqFt
$609,152
Avg List Price

Community

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Property Summary

    7337 S South Shore Drive #406 Chicago IL is a Condo for sale in Chicago, IL, 60649. It is listed for $65,000 and features 1 beds, 1 baths, and has approximately 0 square feet of living space, and was originally constructed in 1960. The average price per square foot for Condo listings in Chicago is $366. The average listing price for Condo in Chicago is $609,152. To schedule a showing of MLS#mrd12500186 at 7337 S South Shore Drive #406 in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7337 S South Shore Drive #406
Chicago, IL