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$59,000 Just Listed
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Property Description
Turnkey investment opportunity in a prime South Shore location. This 1 bedroom condo offers immediate income potential with a tenant set to occupy, making it ideal for investors seeking a stabilized asset. The unit features lake views and direct access to the beach just steps from your back door-an attractive amenity for long-term tenant retention. Conveniently located near public transportation, Jackson Park, and the upcoming Obama Presidential Center, this property sits in a high-demand rental corridor with strong appreciation upside.
Full Property Details
Full Property Details for 7363 S South Shore Dr #505
General
- Price: $59,000
- Taxes: $1,220 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12626939
- Updated: 4/28/2026
- Added to Site: 6 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Other Features: Commuter Bus
Parking
- Total Spaces: 1
- Parking Features: Yes, Leased
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: E on 75th to South Shore Dr, N on South Shore to Property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 30lbs.
- Mgmt. Company: Shoreline Properties
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 5
- Stories/Levels: 1
- Square Feet: 700
- Sq. Ft. Source: Estimated
- Year Built: 1962
- Built Before 1978: Yes
Unit Information
- Units in Building: 47
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assessment Year: 1962
- Tax Amount: $1,220.5
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 21301140271042
Listed by Blue Door Dave Inc
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Schools
Schools serving 7363 S South Shore Dr #505
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Powell Elementary Paideia Community Academy 7511 South South Shore Drive, Chicago, IL 60649 | K-8 | 0.2 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 1 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7363 S South Shore Dr #505
Date
Details
Price
Change
Source
4/28/2026
Listed
$59,000
13.46%
MLS
12/08/2020
Sold
$52,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7363 S South Shore Dr #505
Year
Property Taxes
Change
Tax Assessment
Change
2023
$529
3%
$2,499
—
2022
$514
2%
$2,499
—
2021
$503
-45%
$2,499
-39%
2020
$911
2%
$4,088
-10%
2018
$894
-2%
$4,525
—
2019
$909
3%
$4,525
10%
2017
$886
7%
$4,118
—
2016
$825
9%
$4,118
—
2015
$755
-22%
$4,118
-21%
2014
$969
2%
$5,221
—
2013
$950
1%
$5,221
—
2012
$937
—
$5,221
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7363 S South Shore Dr #505
7363 S South Shore Drive #505, Chicago, IL 60649 (MLS# 12626939) is a Condo property with 1 bedroom and 1 full bathroom. 7363 S South Shore Drive #505 is currently listed for $59,000 and was received on April 28, 2026. Want to learn more about 7363 S South Shore Drive #505? 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.

