Lake Terrace

About the Building

This is just one residential condo building in the beautiful and tranquil South Shore neighborhood that offers spacious units, quality construction and all the amenities you need to live in comfort and modern luxury. Located at 7337 S. South Shore Dr, the structure has 360 individual units with assigned/deeded parking for residents' vehicles. This attractive residential high-rise offers residences a number of diverse layouts and an average of 430 square feet of living space. The different floorplans include anywhere from studio to 3 bedrooms with a standard master bedroom size of 165 square feet.

In addition to the unit details in this building at 7337 S. South Shore, you're probably interested in learning a little bit about the cost of living at a place like this in Chicago’s South Shore neighborhood. Such as, for example, how much you might have to pay in assessments and taxes every year. The typical assessments for this charming Chicago residence are $218 per month, in addition to average annual taxes of $1,746. And just to help you see how a piece of real estate here stands up to property in other buildings in South Shore or elsewhere in the city, we've compiled the most up-to-date data-in case you want to compare.

The price per square foot for units at 7337 S. South Shore is $108, with an average size of 430 square feet. The smallest properties offer 300 square feet of living space, while the largest ones encompass 1000 and above square foot floorplans. The standard length of time a unit in this building stays on the market (between listing and closing) is 74 days. Just to give you an idea of the building's residential real estate value today, a studio sold for $45,000 in August of 2007. The average listing price of a home at 7337 S. South Shore is $766,250, and there are currently several studios available at this lovely great residential enclave.