7854 S South Shore Drive #313, Chicago IL 60649
$43,000

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Property Description

Discover unbeatable value in this bright studio residence located right on South Shore Drive, just minutes from the lakefront. This well-maintained unit offers great natural light and an efficient layout perfect for a primary home or income-producing rental. The building is investor-friendly and features secure entry, professional management, and convenient common-area laundry. Enjoy being moments from the beach, bike paths, and scenic lakefront parks, plus quick access to Lake Shore Drive, Hyde Park, the University of Chicago, and Downtown. Ideal for those seeking a low-maintenance residence with strong rental potential in one of Chicago's iconic lakefront neighborhoods. A fantastic opportunity at an attractive price point.

Features & Information

Key Details

  • List Price $43,000
  • Property Taxes $186
  • Assessments/HOA $189
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Heat, Water, Taxes, Insurance, Exterior Maintenance, Snow Removal
  • Square Feet 0
  • Year Built 1974
  • Listing Market Time 271
  • Status Active

Rooms

  • Total Rooms 2
  • Number of Bedrooms 0
  • Number of Bathrooms 1
  • Primary Bedroom

  • Primary Bathroom None
  • Living Room

  • Room Size 6X13
  • Floor Level Main
  • Kitchen

  • Room Size 4X6
  • Floor Level Main

Interior Features

  • Heating & Cooling

  • Heating Type Natural Gas
  • Air Conditioning None

Exterior Features

  • Parking

  • # of Cars 999

Building Information

  • Number of Units 12
  • Age of Building 51-60 Years

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property North Or South On South Shore Drive To 78th Street, West To Property.
  • Schools

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

  • Tax 186.03
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 21304170521031

Listed by Deja Blair for Blue Door Dave Inc | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/22/2026 10:02 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.

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