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Top-Floor Living Near Chicago's Lakefront! Looking for an updated Chicago condo with space, convenience, and a location that puts the lakefront within easy reach? This 2-bedroom, 2-bathroom condo in South Shore checks the boxes. With a refreshed interior, designated covered parking, and additional storage, this is an opportunity worth exploring. Step inside and enjoy a spacious layout featuring new appliances, updated cabinets, fresh paint, and new flooring. The improvements bring a clean, modern feel to the home, while two full bathrooms provide added flexibility for everyday living. Top-floor positioning is another welcome feature, offering the benefit of no unit directly above. The location makes it easy to enjoy what South Shore has to offer. Spend time along Lake Michigan, head to Rainbow Beach for a lakefront outing, or take advantage of nearby commuting routes for convenient access throughout Chicago. From outdoor recreation to neighborhood shopping and dining, this address puts a variety of everyday destinations within reach. Designated covered parking and storage add practical value, while the building's investor-friendly policies make the property appealing to buyers considering rental or investment opportunities, subject to association requirements. **An approved short sale price, recent updates, and a desirable lakefront-area location make this South Shore condo one to see.** Schedule your private showing and discover the possibilities. Cash or equivalent offers only. The building is non-warrantable due to its rental ratio and is not eligible for conventional financing. Buyers should verify association requirements, rental policies, financing eligibility, and all property details.
| Address |
7854 S South Shore Drive
Unit# 502 Chicago, IL 60649 |
| Listing Status | PRICE_CHANGE |
| Asking Price | $75,000 |
| On Market Date | $78,000 @ Sep 9, 2026 |
| Original Entry | Sep 9, 2026 |
| Square Footage | 1200 sf |
| Bedrooms | 2 |
| Full Bathrooms | 2 |
| Directions | Take 79th East to South Shore. |
| Neighborhood | SOUTH SHORE |
| School District | Not Listed |
| Property Type | Fee Simple |
| Assessment | $459 |
| Timeline | Notes |
|---|---|
| Sep 18, 2026 | Price reduced to $75,000 #MRD12754473 |
| Sep 9, 2026 | Listed for $78,000 #MRD12754473 |
| County | Cook |
| Tax PIN | 21304170521048 |
| Property Tax | $433 for the year 2025 |
| Lake Michigan Distance | 0.5 miles |
| Style | Attached Single |
| Material | Not Listed |
| Lot Size | 197 x 100 |
| Fencing | Not Listed |
| Topography | Not Listed |
| Entry Steps | 5 |
| Swimming Pool | Not Listed |
| Parking |
Assigned
Alley Access
Secured
Yes
Owned
Total Spaces: 1
Garage Spaces: 0
Non-Garage Spaces:
0 -
|
| View | Not Listed |
| Year Built | 1975 |
| Laundry Location | Common Area |
| Elevator | Not Listed |
| Cooling | Wall Unit(s) |
| Heating | Natural Gas, Baseboard |
| 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 | MRD12754473 |
| Courtesy of | Berkshire Hathaway HomeServices Chicago |
https://www.chicagotopcondos.com/MRD12754473