7337 South South Shore #515, Chicago IL 60649
$87,000

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Property Description

Welcome to Lake Terrace Condominiums! Bright and spacious 2 bedroom condo with gorgeous views of the Lake from every window! The kitchen looks out into the living room and dining room combo area, which has a spacious, open layout. New stainless-steel refrigerator and new oven/range, new laminate flooring in the 2nd bedroom and unit freshly painted. The adjacent 1 bedroom, Unit #514, is also on the market, presenting a unique opportunity to own 2 side-by-side residences with the possibility of combining them into one expansive 3 bedroom unit. Great unit for owner occupant or investor who wants to rent to a tenant. This unit also has rarely available garage parking spot for $85/month. The building amenities include 24/7 security with door staff, a large, coin operated laundry room, exercise room, dry cleaners and sundeck. Prime location which is very conveniently located within minutes of the beach, tennis courts, Lake Shore Drive, South Shore Cultural Center, Jackson Park Golf Course, future Obama Library, Metra train station, and #6 and#26 CTA Bus lines and shopping. Sold As-Is. CASH Deals preferred!

Features & Information

Key Details

  • List Price $87,000
  • Property Taxes 423.00
  • Unit Floor Level 5
  • Square Feet 1000
  • Price/ Sq. Ft. $87
  • Year Built 1960
  • Parking Type Garage
  • Status New

Rooms

  • Total Rooms 5
  • Master Bedroom

  • Master Bath N
  • Room Size 14X11
  • Bedroom 2

  • Room Size 11X9
  • Floor Level Main Level
  • Flooring Vinyl
  • Living Room

  • Room Size 16X13
  • Floor Level Main Level
  • Flooring Hardwood
  • Dining Room

  • Room Size 9X9
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 11X8
  • Floor Level Main Level
  • Flooring Ceramic Tile

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Refrigerator, All Stainless Steel Kitchen Appliances
  • Heating & Cooling

  • Heating Type Baseboard

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 1
  • Garage Features Transmitter(s)

Building Information

  • Number of Units 364
  • Age of Building 61-70 Years
  • Exterior Construction Brick
  • Common Area Amenities Door Person, Coin Laundry, Elevator, Exercise Room, Sauna, Laundry, Elevator(s),Water View
  • Exposure S (South),E (East),W (West)
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Dogs OK

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Take South Shore Drive (which Is East Of Exchange) To 7337 South Shore Drive (lake Terrace Condominiums)
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 423.00
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 21301140291160

Utilities

  • Sewer Sewer-Publ

Listed by Portia Hawkins for Phenomenal Properties Inc | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/2/2025 7:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore South Shore

Historic parks and extensive beaches meet down-to-earth, affordable living in this beautiful south side Chicago neighborhood. South Shore is a sprawling community that encompasses expansive public recreation space and ambitious civic organizations. The neighborhood cultural center acts as a hub for outdoor amusement with lengthy walking trails, a bird sanctuary, all-ages sports programs, and waterfront grounds that offer breathtaking views of downtown Chicago. When night falls in the summer, movies and live music take place at the center, bringing neighbors and families together. A healthy retail corridor along 71st Street gives the area a cosmopolitan touch and the selection of down-home cooking available at the restaurants in South Shore is enough to satisfy any comfort food craving.  

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