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Charming, studio condo ideally positioned along the vibrant South Shore corridor. This unit offers an excellent opportunity for investors seeking immediate cash flow, while still allowing flexibility for a future owner-occupant. Situated just steps from Lake Michigan, this location places you near the South Shore Cultural Center, Rainbow Beach, and ongoing neighborhood revitalization efforts. The area is experiencing increased attention with nearby developments and infrastructure improvements, including the Obama Presidential Center just a short drive away. With public transportation, lakefront access, and community investments all within reach, this is a smart entry point into a growing market.
| Address |
7854 S South Shore Drive
Unit# 306 Chicago, IL 60649 |
| Listing Status | ACTIVE |
| Asking Price | $53,000 |
| On Market Date | $55,000 @ Apr 13, 2026 |
| Original Entry | Apr 13, 2026 |
| Square Footage | Not Disclosed |
| Bedrooms | 0 |
| Full Bathrooms | 1 |
| Directions | N or S on South Shore Drive, W to the property. |
| Neighborhood | SOUTH SHORE |
| School District | Not Listed |
| Property Type | Condo |
| Assessment | $391 |
| Timeline | Notes |
|---|---|
| Jul 21, 2026 | Price reduced to $53,000 #MRD12617478 |
| Apr 14, 2026 | Listed for $55,000 #MRD12617478 |
| County | Cook |
| Tax PIN | 21304170521024 |
| Property Tax | $169 for the year 2024 |
| Lake Michigan Distance | 0.5 miles |
| Style | Attached Single |
| Material | Not Listed |
| Lot Size | Common |
| Fencing | Not Listed |
| Topography | Not Listed |
| Entry Steps | 3 |
| Swimming Pool | Not Listed |
| Parking |
Yes
Leased
Attached
Garage
Total Spaces: 999
Garage Spaces: 999
Non-Garage Spaces:
0 -
|
| View | Not Listed |
| Year Built | 1987 |
| Laundry Location | |
| Elevator | Not Listed |
| Cooling | Wall Unit(s) |
| Heating | Steam |
| 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 |
| Heating | No |
| High School District | 299 |
| Land Lease | No |
| Laundry | No |
| Living Area Source | Not Reported |
| 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 |
| Platform | MRED |
| AOR | |
| MLS Number | MRD12617478 |
| Courtesy of | Blue Door Dave Inc |
https://www.chicagotopcondos.com/MRD12617478