7854 S South Shore Drive #306, Chicago IL 60649
$53,000

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Property Description

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.

Features & Information

Key Details

  • List Price $53,000
  • Property Taxes $169
  • Assessments/HOA $391
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Water, Taxes, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Square Feet 0
  • Year Built 1987
  • Listing Market Time 106
  • Status Active

Rooms

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

  • Floor Level N/A
  • Primary Bathroom None
  • Living Room

  • Room Size 18X22
  • Floor Level Third
  • Kitchen

  • Room Size 8X8
  • Floor Level Third

Additional Rooms

  • Laundry

  • Room Size 12X10
  • Floor Level Main

Interior Features

  • Heating & Cooling

  • Heating Type Steam
  • Air Conditioning Wall Unit(s)

Exterior Features

  • Parking

  • # of Cars 999

Building Information

  • Number of Units 33
  • Age of Building 31-40 Years
  • Pets

  • Pets Allowed? Cats OK

Location

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

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

  • Tax 168.97
  • Tax Year 2024
  • Parcel Identification Number 21304170521024

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 8/24/2026 5:32 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.

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