7363 S South Shore Drive #505
Chicago, IL, 60649
$55,000
1 Beds
1 Baths
700 SqFt
0 Acres
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$55,000
7363 S South Shore Drive #505
Chicago, IL, 60649
MLS #MRD12626939 image #0
Turnkey investment opportunity in a prime South Shore location. This 1 bedroom condo offers immediate income potential with a tenant set to occupy, making it ideal for investors seeking a stabilized asset. The unit features lake views and direct access to the beach just steps from your back door-an attractive amenity for long-term tenant retention. Conveniently located near public transportation, Jackson Park, and the upcoming Obama Presidential Center, this property sits in a high-demand rental corridor with strong appreciation upside.

Property Details

Price:
$55,000
MLS #:
MRD12626939
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Neighborhood:
chisouthshore
Listed Date:
Apr 28, 2026
Finished Sq Ft:
700
Year Built:
1962
Parking TotalChi – South ShoreChisouthshore

Schools

School District:
299

Interior

Bathrooms
1 Full Bathroom
Cooling
None
Heating
Baseboard, Radiant

Exterior

Construction Materials
Brick
Parking Features
Yes, Leased
Parking Spots
1
Parking Total
1

Financial

HOA Fee
$489
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Taxes, Insurance, Exterior Maintenance, Lawn Care, Scavenger
Tax Year
2024
Taxes
$1,221
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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 Aug 25, 2026
3,288
Condo Listed
61
Avg DOM
378
Avg $ / SqFt
$634,947
Avg List Price

Community

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Property Summary

    7363 S South Shore Drive #505 Chicago IL is a Condo for sale in Chicago, IL, 60649. It is listed for $55,000 and features 1 beds, 1 baths, and has approximately 700 square feet of living space, and was originally constructed in 1962. The current price per square foot is $79. The average price per square foot for Condo listings in Chicago is $378. The average listing price for Condo in Chicago is $634,947. To schedule a showing of MLS#mrd12626939 at 7363 S South Shore Drive #505 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7363 S South Shore Drive #505
Chicago, IL