7337 S South Shore Drive #1012, Chicago IL 60649
$49,950

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Property Description

Experience lakefront living at the highly desirable Lake Terrace Condominiums! This is a 10th flr. 1-bedroom, 1-bathroom condo with a spacious lvrm and entry foyer with closet. Carpeting throughout. Situated in an investor-friendly building. Residents enjoy premium amenities including 24-hour door staff and security, a fitness center, and convenient on-site laundry facilities. Perfect for an owner-occupant looking to build equity or an investor looking for a high-potential property! Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition!

Features & Information

Key Details

  • List Price $49,950
  • Property Taxes $1,041
  • Assessments/HOA $607
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Heat, Water, Insurance, Security, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger
  • Square Feet 0
  • Year Built 1962
  • Listing Market Time 25
  • Status Pending

Rooms

  • Total Rooms 4
  • Number of Bedrooms 1
  • Number of Bathrooms 1
  • Primary Bedroom

  • Room Size 11X12
  • Floor Level Main
  • Primary Bathroom None
  • Living Room

  • Room Size 12X17
  • Floor Level Main
  • Dining Room

  • Room Size COMBO
  • Floor Level Main
  • Kitchen

  • Room Size 9X10
  • Floor Level Main

Interior Features

  • Heating & Cooling

  • Heating Type Natural Gas, Baseboard
  • Air Conditioning Wall Unit(s)

Exterior Features

  • Parking

  • # of Cars 2

Building Information

  • Number of Units 360
  • Age of Building 61-70 Years
  • Pets

  • Pets Allowed? Cats OK, Dogs OK

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property E. 71st St East To South Shore Dr. South To Property.
  • Schools

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

  • Tax 1041.08
  • Tax Year 2024
  • Parcel Identification Number 21301140291141

Listed by Julian Taylor for Goldtree Realty, Inc | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/25/2026 3:32 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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