7337 S South Shore Dr, Unit 514

$71,900
Price
1
Bed
850 Sq. Ft.
$85 / Sq. Ft.
850
Sq. Ft.
$85
per Sq. Ft.

Description

Welcome to Lake Terrace Condominiums! Large 1 bedroom condo with gorgeous views of the Lake! Well maintained unit with ample closet space for a 1 bedroom unit. Looking for more space? The adjacent 2 bedroom, Unit #515, is also on the market, presenting a unique opportunity to own 2 side-by-side residences with the possibility of combining them into one expansive 3 bedroom unit. Great potential for owner occupant or investor who wants to rent to a tenant. The building amenities include 24/7 security...Welcome to Lake Terrace Condominiums! Large 1 bedroom condo with gorgeous views of the Lake! Well maintained unit with ample closet space for a 1 bedroom unit. Looking for more space? The adjacent 2 bedroom, Unit #515, is also on the market, presenting a unique opportunity to own 2 side-by-side residences with the possibility of combining them into one expansive 3 bedroom unit. Great potential for owner occupant or investor who wants to rent to a tenant. The building amenities include 24/7 security with door staff, a large, coin operated laundry room, exercise room, dry cleaners and sundeck. Prime location which is very conveniently located within minutes of the beach, tennis courts, Lake Shore Drive, South Shore Cultural Center, Jackson Park Golf Course, future Obama Library, Metra train station, and #6 and#26 CTA Bus lines and shopping. Sold As-Is. CASH Deals preferred!

Property Details for 7337 South South Shore Drive, Unit 514

Area
CHI - South Shore
Township
Hyde Park
Ownership
Condo
Num Of Parking Spaces
0.0
Air Conditioning Type
Window Unit(s)
Heat/Fuel
Natural Gas
Pets Allowed
Yes
View
Water
LISTING UPDATED: 12/04/2025 02:03 PM

Property Details for 7337 South South Shore Drive, Unit 514

StatusActive
MLS #12458116
Days on Market110
Taxes$317 / year
HOA Fees$612 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built1962
CountyCook County

Location

Listing Courtesy of Phenomenal Properties Inc
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Building Information for 7337 South South Shore Drive, Unit 514

Building/Complex7337 S South Shore DrFloor5Stories13Residences360Pet PolicyAllowedPet Policy DetailsNoYear Built1962

Payment Calculator

$994 per month

30 year fixed, 6.28% Interest

Principal and Interest

$355

Property Taxes

$26

HOA Dues

$612

The Payment Calculator is for illustrative purposes only.

Property Information for 7337 South South Shore Drive, Unit 514

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Pet Information
  • Max Pet Weight: 50.0
  • Pet Information: Additional Pet Rent, Cats OK, Deposit Required, Dogs OK
Location and General Information
  • Front Exposure: East
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Gas, Common Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Interior Property Features: Doorman, Lobby
  • Common Area Amenities: Door Person, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Sauna, Service Elevator
  • Num Of Rooms: 4
  • Bedrooms Total: 1
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 1
  • Air Conditioning: Window Unit(s)
  • Dining Room: Combined w/ LivRm
  • Room Type: No additional rooms
  • Num of Baths: 1.0
Exterior Features
  • Type: Condo
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Refrigerator
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2019
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Type Attached: Condo
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 14
  • Total # Units in Building: 360.0
  • Waterfront: Yes
  • Disability Access and/or Equipped: Yes
  • Construction: Brick
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 7337
  • East Coordinate: 4000
  • West Coordinate: 0
  • Accessibility Features: Door Width 32 Inches or More, Main Level Entry, Common Area
  • Living Area Source: Estimated
  • Management: Manager On-site,Monday through Friday
  • Management Company: First Residential
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 15
  • Rural: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 12X10
Bedroom #2 Information
  • 2nd Bedroom Level: N/A
  • Room Type: Bedroom 2
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: COMBO
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 8X8
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 30X20
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 15X12

Property History for 7337 South South Shore Drive, Unit 514

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Price Change

MRED #12458116

$71,900
Nov 7, 2025

Price Change

MRED #12458116

$72,000
Nov 7, 2025

Listed (Active)

MRED #12458116

$77,000
Oct 20, 2025

Pending

MRED #12458116

Sep 15, 2025

Price Change

MRED #12458116

$72,000
Sep 8, 2025

Price Change

MRED #12458116

$74,000
Aug 28, 2025

Listed (Active)

MRED #12458116

$77,000
DateEvent & SourcePrice
11/17/2025

Price Change

MRED #12458116

$71,900
11/07/2025

Price Change

MRED #12458116

$72,000
11/07/2025

Listed (Active)

MRED #12458116

$77,000
10/20/2025

Pending

MRED #12458116

09/15/2025

Price Change

MRED #12458116

$72,000
09/08/2025

Price Change

MRED #12458116

$74,000
08/28/2025

Listed (Active)

MRED #12458116

$77,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7337 South South Shore Drive, Unit 514

Taxable ValueLand$362Additions$1,137Total$1,499
Tax Record2023$317 ($26 / month)
Home Facts
Beds0Stories13Lot Size108,900 SqFtStyleCondominiumYear Built1962CountyCOOKAPN21-30-114-029-1148

Schools near 7337 South South Shore Drive, Unit 514

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Powell Elementary Paideia Community Academy
PublicPK to 8

Excel Academy - Woodlawn HS
Public9 to 12

South Shore Intl Col Prep High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7337 South South Shore Drive, Unit 514 is a condo for sale in Chicago, IL 60649. This property was listed for sale on August 28, 2025 by Phenomenal Properties Inc, it's currently listed at $71,900. This listing's school district is Chicago Public Schools. Nearby schools include Powell Elementary Paideia Community Academy, Chicago Vocational Career Academy High School and Excel Academy - Woodlawn HS. 7337 South South Shore Drive, Unit 514 is a 1-bed, 1-bath, 850 sqft condo built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Phenomenal Properties Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/04/2025 02:03 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.