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$82,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,200 Sq. Ft.
  • Updated 5 hours ago
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APPROVED PRICE! Updated 2-bedroom, 2-bath top floor Condo unit condo located in the South Shore neighborhood. Spacious interior with new appliances, paint, flooring, and cabinets. Unit has designated covered parking area and storage. Prime location minutes away from lake Michigan, Rainbow beach, and commuting routes. Investor-friendly. Cash or equivalent only - building is non-warrantable due to rental ration and cannot be financed conventionally.

Full Property Details for 7854 S South Shore Dr #502

General

  • Price: $82,000
  • HOA FEE: $459/month
  • Taxes: $433 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12712604
  • Updated: 7/28/2026
  • Added to Site: 6 day(s) ago

Interior

  • Basement: None

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Parking

  • Total Spaces: 1
  • Parking Features: Assigned, Alley Access, Secured, Yes, Owned

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: Take 79th East to South Shore.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Powell Elementary School Paideia
  • Middle School: Powell Elementary School Paideia

Community

  • Assoc. Fees Include: Heat, Water, Parking, Insurance, Exterior Maintenance, Snow Removal
  • Pets Allowed: Yes
  • Pets: Number Limit
  • Pet Restrictions: Number Limit, / 15lbs.

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Natural Gas, Baseboard

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: 5
  • Square Feet: 1,200
  • Sq. Ft. Source: Estimated
  • Year Built: 1975
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 60

Lot Features

  • Lot Dimensions: 197 x 100

Animals

  • Animals Allowed: Number Limit

Financial Considerations

  • Association Fee: $459
  • Assoc Fee Freq.: Monthly
  • Assessment Year: 1975
  • Tax Amount: $433.4
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Short Sale
  • Property ID: 21304170521048

Listed by Compass

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— 7854 S South Shore Dr #502 —

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NMLS#: 1598647

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Price & Sales History for 7854 S South Shore Dr #502 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2026
Listed
$82,000
25.19%
MLS
5/16/2005
Sold
$65,500
—
Public Record
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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 #502

Year
Property Taxes
Change
Tax Assessment
Change
2023
$422
—
$2,157
8%
2023
$422
3%
$1,999
—
2022
$411
2%
$1,999
—
2021
$402
-20%
$1,999
-11%
2020
$501
—
$2,249
-10%
2019
$500
2%
$2,490
—
2018
$492
-20%
$2,490
-13%
2017
$614
8%
$2,852
—
2016
$571
-23%
$2,852
-29%
2015
$740
9%
$4,041
10%
2014
$680
2%
$3,667
—
2013
$667
1%
$3,667
—
2012
$658
—
$3,667
—
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.

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7854 S South Shore Drive #502, Chicago, IL 60649 (MLS# 12712604) is a Condo property with 2 bedrooms and 2 full bathrooms. 7854 S South Shore Drive #502 is currently listed for $82,000 and was received on July 22, 2026. Want to learn more about 7854 S South Shore Drive #502? 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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