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$20,000
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Property Description
Lakefront living at the highly desirable Lake Terrace Condominiums! This is a REO Occupied 1 bedroom and 1 bath Condo! Please DO NOT DISTURB the occupant. Situated in a well-maintained, 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! The property is sold in AS IS condition!
Full Property Details
Full Property Details for 7337 S South Shore Dr #412
General
- Sold For: $20,000
- HOA FEE: $579/month
- Taxes: $992 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12723051
- Added to Site: 70 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Features: Yes, Attached, Garage
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: E. 71st St east to South Shore Dr. South to property.
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Heat, Water, Insurance, Security, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK
- Mgmt. Company: FS Residential
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Baseboard
Utilities
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 4
- Stories/Levels: 14
- Square Feet: 750
- Sq. Ft. Source: Estimated
- Year Built: 1962
- Built Before 1978: Yes
Unit Information
- Units in Building: 360
Lot Features
- Lot Dimensions: Common
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: LAKE MICHIGAN
- Water Front View: Side(s) of Property
Financial Considerations
- Association Fee: $579
- Assoc Fee Freq.: Monthly
- Assessment Year: 1962
- Tax Amount: $992.55
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Special Conditions: REO/Lender Owned
- Property ID: 21301140291135
Listed by Goldtree Realty, Inc
Sold by Real People Realty
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Price & Sales History for 7337 S South Shore Dr #412
Date
Details
Price
Change
Source
9/16/2026
Sold
$20,000
-19.84%
MLS
8/12/2026
Price Reduced
$24,950
-16.69%
MLS
8/04/2026
Listed
$29,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7337 S South Shore Drive #412, Chicago, IL 60649 (MLS# 12723051) is a Condo property that was sold at $20,000 on September 16, 2026. Want to learn more about 7337 S South Shore Drive #412? Do you have questions about finding other Condo real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

