7337 S South Shore Drive #326, Chicago, IL 60649
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
7337 S South Shore Drive #326,Chicago, IL 60649
$69,999
- 1 Beds
- 1 Baths
- 800 sq. ft.
- Condominium
- Active
Listed by: precious credit
Office: coldwell banker realty
MLS#:12684420
Source:MLSNI
Price summary
- Price:$69,999
- Price per sq. ft.:$87.5
- Monthly HOA dues:$596
About this home
Wake up to the energy of Chicago's vibrant lakefront while enjoying the affordability and convenience of one of the city's most exciting emerging neighborhoods. Nestled in the sought-after Lake Terrace waterfront community in historic South Shore, this beautifully updated condo offers a lifestyle that blends city living, outdoor recreation, culture, and investment potential. Imagine beginning your mornings with a stroll along Lake Michigan, spending afternoons at the nearby South Shore Cultural Center, and enjoying quick access to Hyde Park's renowned dining, shopping, and cultural attractions. With the Obama Presidential Center just minutes away and downtown Chicago easily accessible, you'll be perfectly positioned to enjoy everything the city has to offer while coming home to a neighborhood rich in history, character, and growth. Lake Terrace enhances everyday living with an impressive collection of amenities, including 24-hour door staff and security, a fitness center, dedicated parking, private storage, onsite laundry facilities, multiple elevators, and gathering spaces for entertaining friends and family. The pet-friendly community also offers the flexibility to lease your unit, creating an attractive opportunity for those seeking passive income or long-term wealth building through real estate. For investors, this is an exceptional opportunity to acquire a turnkey, income-producing property with an existing tenant already in place. Currently generating $1,400 per month in rental income, the property offers immediate cash flow while benefiting from the continued investment and revitalization occurring throughout Chicago's South Shore lakefront corridor. Whether you're seeking a smart investment, a future city retreat, or a foothold in one of Chicago's most promising waterfront communities, this property offers an outstanding combination of lifestyle, location, and opportunity. Tenant occupied. Please allow appropriate notice for showings and do not disturb the tenant. Property is being sold subject to the existing tenancy. Buyer to verify all information, including lease terms, rental income, assessments, taxes, and association requirements....
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Home facts
- Listing ID #:12684420
- Updated:October 06, 2026 at 11:19 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:4
- Living area:800 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Building area:800 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$69,999
- Price per sq. ft.:$87.5
- Tax amount:$1,057 (2024)
Features and amenities
- Laundry features:Coin Laundry
Parking
- Total parking spaces:1
Copyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 7337 S South Shore Drive #326
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