7337 South South Shore #406, Chicago IL 60649
$65,000

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Property Description

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!

Features & Information

Key Details

  • List Price $65,000
  • Property Taxes 317
  • Unit Floor Level 4
  • Square Feet 0
  • Price/ Sq. Ft. Unavailable
  • Year Built 1960
  • Parking Type Garage,Space/s
  • Status Active

Rooms

  • Total Rooms 4
  • Master Bedroom

  • Master Bath N
  • Room Size 13X14
  • Living Room

  • Room Size 15X19
  • Floor Level Main Level
  • Dining Room

  • Room Size 10X8
  • Floor Level Main Level
  • Kitchen

  • Room Size 10X8
  • Floor Level Main Level

Interior Features

  • Heating & Cooling

  • Heating Type Indv Controls

Exterior Features

  • Parking

  • Parking Garage,Space/s
  • # of Cars 4

Building Information

  • Number of Units 365
  • Age of Building 61-70 Years
  • Exterior Construction Brick
  • Common Area Amenities Boat Dock, Door Person, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Service Elevator, Valet/Cleaner
  • Pets

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

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property South Shore Drive N Or S To 7337 S. Shore Drive
  • Schools

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

  • Tax 317
  • Tax Year 2023
  • Parcel Identification Number 21301140291063

Utilities

  • Sewer Sewer-Publ

Listed by: Blue Door Dave Inc | Phone: 312.344.1487
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/2/2025 10:32 PM. 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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