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$50,000 -$4,000 (-7.41%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 1 Full Bath
  • 400 Sq. Ft.
  • Updated 1 day ago
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Discover unbeatable value in this bright studio residence located right on South Shore Drive, just minutes from the lakefront. This well-maintained unit offers great natural light and an efficient layout perfect for a primary home or income-producing rental. The building is investor-friendly and features secure entry, professional management, and convenient common-area laundry. Enjoy being moments from the beach, bike paths, and scenic lakefront parks, plus quick access to Lake Shore Drive, Hyde Park, the University of Chicago, and Downtown. Ideal for those seeking a low-maintenance residence with strong rental potential in one of Chicago's iconic lakefront neighborhoods. A fantastic opportunity at an attractive price point.

Full Property Details for 7854 S South Shore Dr #313

General

  • Price: $50,000
  • HOA FEE: $189/month
  • Taxes: $186 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12529692
  • Updated: 3/3/2026
  • Added to Site: 87 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Additional Information

  • Shared Amenities: Coin Laundry, Elevator(s)

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: North or South on South Shore Drive to 78th Street, West to property.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Community

  • Assoc. Fees Include: Heat, Water, Taxes, Insurance, Exterior Maintenance, Snow Removal
  • Mgmt. Company: Doral South Condo Association

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas

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
  • Square Feet: 400
  • Sq. Ft. Source: Estimated
  • Year Built: 1974
  • Built Before 1978: Yes
  • Remodeled/Updated: 2023

Unit Information

  • Units in Building: 12

Lot Features

  • Lot Dimensions: COMMON

Financial Considerations

  • Association Fee: $189
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1974
  • Tax Amount: $186.03
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 21304170521031

Listed by Blue Door Dave Inc

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Listing agent

— 7854 S South Shore Dr #313 —

  • 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 #313

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
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-111.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7854 S South Shore Dr #313 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Price Reduced
$50,000
-7.41%
MLS
2/03/2026
Price Reduced
$54,000
-14.29%
MLS
1/10/2026
Price Reduced
$63,000
-3.08%
MLS
12/08/2025
Listed
$65,000
52.94%
MLS
4/17/2023
Sold
$42,500
—
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 #313

Year
Property Taxes
Change
Tax Assessment
Change
2023
$105
2%
$499
—
2022
$103
3%
$499
—
2021
$100
-53%
$499
-48%
2020
$215
—
$965
-10%
2019
$215
2%
$1,068
—
2018
$211
56%
$1,068
-13%
2017
$135
-45%
$1,225
—
2016
$245
-23%
$1,225
-29%
2015
$318
9%
$1,736
10%
2014
$292
2%
$1,575
—
2013
$286
1%
$1,575
—
2012
$283
—
$1,575
—
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 #313

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

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with our affiliated lender
NMLS#: 1598647

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Listed by Blue Door Dave Inc

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7854 S South Shore Drive #313, Chicago, IL 60649 (MLS# 12529692) is a Condo property with 0 bedrooms and 1 full bathroom. 7854 S South Shore Drive #313 is currently listed for $50,000 and was received on December 08, 2025. Want to learn more about 7854 S South Shore Drive #313? 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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