7854 S South Shore Drive #502, Chicago IL 60649
$75,000

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Property Description

Top-Floor Living Near Chicago's Lakefront! Looking for an updated Chicago condo with space, convenience, and a location that puts the lakefront within easy reach? This 2-bedroom, 2-bathroom condo in South Shore checks the boxes. With a refreshed interior, designated covered parking, and additional storage, this is an opportunity worth exploring. Step inside and enjoy a spacious layout featuring new appliances, updated cabinets, fresh paint, and new flooring. The improvements bring a clean, modern feel to the home, while two full bathrooms provide added flexibility for everyday living. Top-floor positioning is another welcome feature, offering the benefit of no unit directly above. The location makes it easy to enjoy what South Shore has to offer. Spend time along Lake Michigan, head to Rainbow Beach for a lakefront outing, or take advantage of nearby commuting routes for convenient access throughout Chicago. From outdoor recreation to neighborhood shopping and dining, this address puts a variety of everyday destinations within reach. Designated covered parking and storage add practical value, while the building's investor-friendly policies make the property appealing to buyers considering rental or investment opportunities, subject to association requirements. **An approved short sale price, recent updates, and a desirable lakefront-area location make this South Shore condo one to see.** Schedule your private showing and discover the possibilities. Cash or equivalent offers only. The building is non-warrantable due to its rental ratio and is not eligible for conventional financing. Buyers should verify association requirements, rental policies, financing eligibility, and all property details.

Features & Information

Key Details

  • List Price $75,000
  • Property Taxes $433
  • Assessments/HOA $459
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Heat, Water, Parking, Insurance, Exterior Maintenance, Snow Removal
  • Square Feet 0
  • Year Built 1975
  • Listing Market Time 10
  • Status Price Change

Rooms

  • Total Rooms 5
  • Number of Bedrooms 2
  • Number of Bathrooms 2
  • Primary Bedroom

  • Room Size 12X12
  • Floor Level Main
  • Primary Bathroom Full
  • Bedroom 2

  • Room Size 12X10
  • Floor Level Main
  • Living Room

  • Room Size 20X20
  • Floor Level Main
  • Dining Room

  • Room Size COMBO
  • Floor Level Main
  • Kitchen

  • Room Size 15X15
  • Floor Level Main

Interior Features

  • Heating & Cooling

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

Exterior Features

  • Parking

  • # of Cars 1

Building Information

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

  • Pets Allowed? Number Limit

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Take 79th East To South Shore.
  • Schools

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

  • Tax 433.4
  • Tax Year 2025
  • Tax Exemptions None
  • Parcel Identification Number 21304170521048

Listed by Adam Chaudhry for Berkshire Hathaway HomeServices Chicago | 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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