7337 S South Shore Drive #430
Chicago, IL 60649

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Description

Welcome to 7337 S South Shore Dr Unit 430, a 2-bedroom, 1-bathroom condo in the heart of Chicago's vibrant South Shore neighborhood. This incredible unit offers an unparalleled view of the majestic Lake Michigan, making it the perfect opportunity for those looking to create their dream home with a touch of personalization. Whether you're a handyman or looking for a property that qualifies for rehab financing, this condo is a true diamond in the rough, with the potential to be transformed into a stunning lakeside retreat. Upon entering, you'll be greeted by a spacious and bright living area, where large windows frame breathtaking views of the lake. Imagine waking up to the serene sight of the water every morning, or unwinding in the evening while watching the colors of the sunset reflect on the lake's surface. The living space flows effortlessly into the dining area, making it perfect for hosting guests or enjoying cozy dinners with a backdrop that's second to none. The two bedrooms are generously sized, offering plenty of space for rest and relaxation. The master bedroom also enjoys its own lake view, providing a private escape from the city's hustle and bustle. The second bedroom offers flexibility, whether you need an additional sleeping area, a home office, or a creative space. The full bathroom is conveniently located and ready for a modern update to suit your personal style. One of the standout features of this building is its magnificent terrace, which faces directly toward Lake Michigan. As a resident, you'll have access to this expansive outdoor space, perfect for soaking up the sun, enjoying fresh air, or simply taking in the sweeping views of the lake. Whether you're reading a book, enjoying a cup of coffee, or entertaining friends and family, the terrace provides a tranquil escape just steps from your door. While this condo is brimming with potential, it does require some updates and improvements to fully bring it to life. For those with a vision, this property presents an incredible opportunity to customize and renovate. Whether you plan to utilize rehab financing or prefer to tackle projects yourself, the foundation is solid, and the location is second to none. With your personal touch, this condo could easily be transformed into a chic and modern lakefront haven. Beyond the unit itself, the location offers unbeatable convenience. Situated along the lakefront, you're just steps away from the South Shore Cultural Center, the lakefront trail, and nearby beaches. Public transportation options are easily accessible, and you're just minutes away from downtown Chicago, offering the perfect balance of peaceful lakeside living and city convenience. Local dining, shopping, and entertainment options are all within reach, adding to the appeal of this sought-after neighborhood. Don't miss out on this rare opportunity to own a condo with stunning lake views, a prime location, and endless possibilities. Whether you're an investor looking for a great project or a buyer ready to create your dream home, this unit at 7337 S South Shore Dr is full of potential. Schedule your showing today and start imagining the beautiful transformation that awaits at this lakeside gem.

Features

• Property Type: Condo/Townhouse
• Sub Type: Attached Single
• Special Conditions: REO/Bank Owned
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60649
• Year Built: 1964
• Age: 61-70 Years
• Subdivision/Neighborhood: Lake Terrace Condominiums
• School District: 299
• Sq.Ft.: 933 sq ft
• Total Rooms: 5
• Bedrooms: 2
• Full Baths: 1
• Baths: 1
• View: Water
• Waterfront: Lake Front
• # Of Days For Bd Apprvl: 30
• APRX_TOTAL_FIN_SQFT: 933
• Association Amenities: Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s)
• Association Fee Includes: Heat, Water, Gas, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
• Bath Amenities: Whirlpool
• Bedrooms Possible: 2
• Built Before 1978 (Y/N): Yes
• Community Features: Park
• Construction Materials: Brick
• Cooling: Wall Unit(s)
• Dining Room: Combined w/ LivRm
• Directions: Take South Shore Dr from either North or South to the Lake Terrace building
• East: 1734
• Electric: 100 Amp Service
• Entry Level: 4
• Flooring: Laminate
• Foundation Details: Concrete Perimeter
• HOA Fee: 677
• HOA Frequency: Monthly
• Heating: Baseboard, Radiant
• Laundry Features: Common Area
• Living Area Source: Plans
• Lot Features: Landscaped
• Lot Size Source: County Records
• Main Sq Ft: 933
• Main Type: Residential
• Management: Manager On-site
• Management Company: First Residential Services
• Master Association Fee: No
• Max Pet Weight: 15
• Parking Features: Asphalt
• Pets Allowed: Cats OK, Dogs OK
• Pets Allowed (Y/N): Yes
• Roof: Asphalt
• Rooms: Foyer
• Sewer: Public Sewer
• South: 7300
• Special Conditions Details: REO/Lender Owned
• Special Service Area: N
• Stories Total: 14
• TOTAL_SQFT: 933
• Tax Annual Amount: 411
• Tax Year: 2022
• Total # Units in Building: 364
• Total Finished/Unfinshed Sq Ft: 933
• Township: Hyde Park
• Type Attached: High Rise (7+ Stories)
• Virtual Tour Date: 2025-07-17T04:41:56
• Water Source: Lake Michigan