7337 S South Shore Drive 326 Chicago, IL 60649
Listing Courtesy of: MLS LogoMidwest Real Estate Data as distributed by MLS GRID / Listed By: Precious Credit, Coldwell Banker Realty

  7337 S South Shore Drive 326 Chicago, IL 60649

Active (85 Days)
$69,999 (USD)
1
BED
1
BATH
800
SQFT

Description

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.

MLS #:
12684420
Taxes
$1,057(2024)
Type
Condo
School District
299
County
Cook County

Listed By

Precious Credit, Coldwell Banker Realty
Source
Midwest Real Estate Data
Last checked Sep 15 2026 at 10:21 PM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Laundry: Common Area
Heating and Cooling
  • Natural Gas
  • Wall Unit(s)
Homeowners Association Information
  • Dues: $596/Monthly
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Leased
  • Yes
Stories
  • 12
Living Area
  • 800 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 08, 2026
Price Changed
$69,999
0%
-$1
Jun 22, 2026
Listed
$70,000
-
-
Location
   
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 9/15/2026 22:21. 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.