Experience the best of lakefront living at Lake Terrace Condominiums! This spacious one-bedroom residence offers modern comfort, abundant natural light, and unbeatable views just steps from Lake Michigan. The unit is currently tenant-occupied, providing an excellent opportunity for investors seeking immediate rental income. Perfect for both homeowners and investors, the unit is located in a well-maintained, investor-friendly building. Enjoy premium amenities including 24-hour door staff and security, a fitness center, event space with panoramic lake views, laundry facilities, and on-site cleaning services. Ideally situated near the Obama Presidential Library, South Shore Cultural Center, and scenic parks and Lake Michigan beaches, this condo offers easy access to dining, transit, and recreation. Discover exceptional value and convenience in one of Chicago's fastest-growing neighborhoods. Schedule your private showing today-motivated seller!
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms Possible: 1
- Primary Bedroom Dimensions: 13' x 14'
- Primary Bedroom Level: Main
Other Rooms
- Total Rooms: 4
- No additional rooms
- Living Room Dimensions: 15' x 19'
- Living Room Level: Main
- Exercise Room: Yes
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Heating and Cooling
- Cooling Features: Wall Unit(s)
- Heating Features: Indv Controls
Kitchen and Dining
- Dining Room Dimensions: 10' x 8'
- Dining Room Level: Main
- Kitchen Dimensions: 10' x 8'
- Kitchen Level: Main
Garage and Parking
- Garage Spaces: 2
- Parking Features: On Site, Attached, Garage
- Parking Total: 4
Land Info
- Lot Size Dimensions: Common
Homeowners Association
- Association: Yes
- Association Amenities: Boat Dock, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Service Elevator(s), Valet/Cleaner
- Association Fee: 350
- Association Fee Frequency: Monthly
- Association Fee Includes: Heat, Water, Taxes, Insurance, Security, Doorman, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Lake Rights
- Calculated Total Monthly Association Fees: 350
- Pets Allowed: Cats OK, Dogs OK
- Cats Allowed: Yes
- Dogs Allowed: Yes
School Information
- Elementary School District: 299
- High School District: 299
- School District: 299
- Middle or Junior School District: 299
Amenities and Community Features
- Boat Dock
- Door Person
- Coin Laundry
- Elevator(s)
- Exercise Room
- Storage
- On Site Manager/Engineer
- Party Room
- Service Elevator(s)
- Valet/Cleaner
- Doorman: Yes
Other Property Info
- Annual Tax Amount: 317
- Source Listing Status: Active
- County: Cook
- Directions: South Shore Drive N or S to 7337 S. Shore Drive
- Tax Year: 2023
- Ownership: Condo
- Source Property Type: Residential
- Area: CHI - South Shore
- Property Subtype: condo
- Source Neighborhood: CHI - South Shore
- Parcel Number: 21301140291063
- Township: Hyde Park
- Management Company: Lake Terrace Condominiums]
- Property Subtype: Attached Single
Building and Construction
- Year Built: 1960
- Building Exterior Type: Brick
- Construction Materials: Brick
- Entry Level: 4
- Living Area Source: Not Reported
- Structure Type: Condo
Utilities
- Sewer: Public Sewer
- Water Source: Public
Accessibility Features
