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$55,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Full Bath
  • 999 Car Garage
  • Updated 6 hours ago
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Charming, studio condo ideally positioned along the vibrant South Shore corridor. This unit offers an excellent opportunity for investors seeking immediate cash flow, while still allowing flexibility for a future owner-occupant. Situated just steps from Lake Michigan, this location places you near the South Shore Cultural Center, Rainbow Beach, and ongoing neighborhood revitalization efforts. The area is experiencing increased attention with nearby developments and infrastructure improvements, including the Obama Presidential Center just a short drive away. With public transportation, lakefront access, and community investments all within reach, this is a smart entry point into a growing market.

Full Property Details for 7854 S South Shore Dr #306

General

  • Price: $55,000
  • Taxes: $168 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12617478
  • Updated: 4/14/2026
  • Added to Site: 2 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Additional Information

  • Other Features: Commuter Bus, Commuter Train

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 999
  • Total Spaces: 999
  • Parking Features: Yes, Leased, Attached, Garage

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: N or S on South Shore Drive, W to the 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
  • Pet Restrictions: Cats OK
  • Mgmt. Company: Connected Management

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Steam

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Condo, Studio
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Entry Floor Number: 3
  • Stories/Levels: 5
  • Sq. Ft. Source: Not Reported
  • Year Built: 1987
  • Remodeled/Updated: 2016

Unit Information

  • Units in Building: 33

Lot Features

  • Lot Dimensions: Common

Animals

  • Animals Allowed: Cats OK

Water Features

  • Water Front: Yes

Financial Considerations

  • Lease Price: $25
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1987
  • Tax Amount: $168.97
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Special Conditions: List Broker Must Accompany
  • Property ID: 21304170521024

Listed by Blue Door Dave Inc

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Listing agent

— 7854 S South Shore Dr #306 —

  • Blue Door Dave Inc

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7854 S South Shore Dr #306

School District:Chicago Public School District 299
NameGradesDistance
Powell Elementary Paideia Community Academy
7511 South South Shore Drive, Chicago, IL 60649
K-80.6 mi
South Shore Intl Col Prep High School
1955 East 75th Street, Chicago, IL 60649
12-1.4 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-111.6 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 7854 S South Shore Dr #306 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Listed
$55,000
10%
MLS
2/21/2023
Sold
$50,000
—
Public Record
Get Price Alerts and Save Property
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 for 7854 S South Shore Dr #306

Year
Property Taxes
Change
Tax Assessment
Change
2023
$105
2%
$499
—
2022
$103
3%
$499
—
2021
$100
-49%
$499
-43%
2020
$195
—
$877
-10%
2019
$195
2%
$971
—
2018
$192
-46%
$971
-13%
2017
$357
60%
$1,113
—
2016
$223
-23%
$1,113
-29%
2015
$289
9%
$1,577
10%
2014
$265
2%
$1,430
—
2013
$260
1%
$1,430
—
2012
$257
—
$1,430
—
View All
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 for 7854 S South Shore Dr #306

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Blue Door Dave Inc

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Listed by Sandra Patterson

7854 S South Shore Drive #306, Chicago, IL 60649 (MLS# 12617478) is a Condo property with 0 bedrooms and 1 full bathroom. 7854 S South Shore Drive #306 is currently listed for $55,000 and was received on April 13, 2026. Want to learn more about 7854 S South Shore Drive #306? 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.

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