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Discover unbeatable value in this bright studio residence located right on South Shore Drive, just minutes from the lakefront. This well-maintained unit offers great natural light and an efficient layout perfect for a primary home or income-producing rental. The building is investor-friendly and features secure entry, professional management, and convenient common-area laundry. Enjoy being moments from the beach, bike paths, and scenic lakefront parks, plus quick access to Lake Shore Drive, Hyde Park, the University of Chicago, and Downtown. Ideal for those seeking a low-maintenance residence with strong rental potential in one of Chicago's iconic lakefront neighborhoods. A fantastic opportunity at an attractive price point.
| Address |
7854 S South Shore Drive
Unit# 313 Chicago, IL 60649 |
| Listing Status | ACTIVE |
| Asking Price | $43,000 |
| On Market Date | $65,000 @ Dec 8, 2025 |
| Original Entry | Dec 8, 2025 |
| Square Footage | 400 sf |
| Bedrooms | 0 |
| Full Bathrooms | 1 |
| Directions | North or South on South Shore Drive to 78th Street, West to property. |
| Neighborhood | SOUTH SHORE |
| School District | Not Listed |
| Property Type | Condo |
| Assessment | $189 |
| HOA Amenities | Coin Laundry, Elevator in Residence |
| Timeline | Notes |
|---|---|
| Aug 29, 2026 | Price reduced to $43,000 #MRD12529692 |
| Jun 12, 2026 | Price reduced to $46,000 #MRD12529692 |
| Apr 9, 2026 | Price reduced to $49,000 #MRD12529692 |
| Feb 27, 2026 | Price reduced to $50,000 #MRD12529692 |
| Feb 3, 2026 | Price reduced to $54,000 #MRD12529692 |
| Jan 10, 2026 | Price reduced to $63,000 #MRD12529692 |
| Dec 8, 2025 | Listed for $65,000 #MRD12529692 |
| County | Cook |
| Tax PIN | 21304170521031 |
| Property Tax | $186 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 | 1974 |
| Laundry Location | |
| Elevator | Not Listed |
| Cooling | None |
| Heating | Natural Gas |
| 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 | 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 |
| Platform | MRED |
| AOR | |
| MLS Number | MRD12529692 |
| Courtesy of | Blue Door Dave Inc |
https://www.chicagotopcondos.com/MRD12529692