7854 S South Shore Drive #306
Chicago, IL, 60649
$55,000
Beds
1 Baths
0 SqFt
0 Acres
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$55,000
7854 S South Shore Drive #306
Chicago, IL, 60649
MLS #MRD12617478 image #0
Charming, studio condo ideally positioned along the vibrant South Shore corridor. This unit offers an excellent opportunity for investors seeking immediate cash flow, while still allowing flexibility for a future owner-occupant. Situated just steps from Lake Michigan, this location places you near the South Shore Cultural Center, Rainbow Beach, and ongoing neighborhood revitalization efforts. The area is experiencing increased attention with nearby developments and infrastructure improvements, including the Obama Presidential Center just a short drive away. With public transportation, lakefront access, and community investments all within reach, this is a smart entry point into a growing market.

Property Details

Price:
$55,000
MLS #:
MRD12617478
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Neighborhood:
chisouthshore
Listed Date:
Apr 13, 2026
Year Built:
1987
WaterfrontChi – South ShoreChisouthshoreCats Ok

Schools

School District:
299

Interior

Bathrooms
1 Full Bathroom
Cooling
Wall Unit(s)
Heating
Steam

Exterior

Construction Materials
Brick
Garage Spaces
999
Parking Features
Yes, Leased, Attached, Garage
Parking Spots
999
Parking Total
999

Financial

HOA Fee
$391
HOA Fee Frequency
Monthly
HOA Includes
Water, Taxes, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2024
Taxes
$169
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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 Jun 25, 2026
3,541
Condo Listed
57
Avg DOM
380
Avg $ / SqFt
$631,101
Avg List Price

Community

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Property Summary

    7854 S South Shore Drive #306 Chicago IL is a Condo for sale in Chicago, IL, 60649. It is listed for $55,000 and features 0 beds, 1 baths, and has approximately 0 square feet of living space, and was originally constructed in 1987. The average price per square foot for Condo listings in Chicago is $380. The average listing price for Condo in Chicago is $631,101. To schedule a showing of MLS#mrd12617478 at 7854 S South Shore Drive #306 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7854 S South Shore Drive #306
Chicago, IL