For Sale: 7363 S South Shore Drive #505, Chicago, IL 60649. 1-bedroom 1-bath, 700 sf, 1962 SOUTH SHORE $55,000
begin new search
Loading Photos
Overview
Turnkey investment opportunity in a prime South Shore location. This 1 bedroom condo offers immediate income potential with a tenant set to occupy, making it ideal for investors seeking a stabilized asset. The unit features lake views and direct access to the beach just steps from your back door-an attractive amenity for long-term tenant retention. Conveniently located near public transportation, Jackson Park, and the upcoming Obama Presidential Center, this property sits in a high-demand rental corridor with strong appreciation upside.
| Address |
7363 S South Shore Drive
Unit# 505 Chicago, IL 60649 |
| Listing Status | ACTIVE |
| Asking Price | $55,000 |
| On Market Date | $59,000 @ Apr 28, 2026 |
| Original Entry | Apr 28, 2026 |
Rooms
No additional rooms
| Square Footage | 700 sf |
| Bedrooms | 1 |
| Full Bathrooms | 1 |
Location
| Directions | E on 75th to South Shore Dr, N on South Shore to Property |
| Neighborhood | SOUTH SHORE |
| School District | Not Listed |
Ownership
| Property Type | Condo |
| Assessment | $489 |
Listing History
| Timeline | Notes |
|---|---|
| Jul 21, 2026 | Price reduced to $55,000 #MRD12626939 |
| Jul 21, 2026 | Back on market #MRD12626939 |
| Jun 5, 2026 | Status changed to Active Under Contract #MRD12626939 |
| Apr 28, 2026 | Listed for $59,000 #MRD12626939 |
Public Records
| County | Cook |
| Tax PIN | 21301140271042 |
| Property Tax | $1,221 for the year 2024 |
| Lake Michigan Distance | 0.8 miles |
Exterior
| Style | Attached Single |
| Material | Not Listed |
| Lot Size | COMMON |
| Fencing | Not Listed |
| Topography | Not Listed |
| Entry Steps | 5 |
| Swimming Pool | Not Listed |
| Parking |
Yes
Leased
Total Spaces: 1
Garage Spaces: 0
Non-Garage Spaces:
0 -
|
| View | Not Listed |
Features
| Year Built | 1962 |
| Laundry Location | |
| Elevator | Not Listed |
| Cooling | None |
| Heating | Baseboard, Radiant |
| Sewer/Septic | Public Sewer |
| Fireplaces | Not Listed |
| Additional Parcels | No |
| Appliances | No |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Association Fee Frequency | Monthly |
| Attached Garage | No |
| Basement | None |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Cooling | No |
| Electric | Circuit Breakers |
| Heating | No |
| High School District | 299 |
| Land Lease | No |
| Laundry | No |
| Living Area Source | Estimated |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | No |
| Patio | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | No |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
Monthly Payment Calculator
Listing Source
| Platform | MRED |
| AOR | |
| MLS Number | MRD12626939 |
| Courtesy of | Blue Door Dave Inc |
Website Link
https://www.chicagotopcondos.com/MRD12626939
Comparable Homes Nearby