7355 S South Shore Dr, Unit 502

Chicago, IL 60649

$50,000
Price
1
Bed
750 Sq. Ft.
$67 / Sq. Ft.
750
Sq. Ft.
$67
per Sq. Ft.

Description

Don't miss your chance to own a condo just steps away from Lake Michigan in the vibrant and historic South Shore neighborhood! This unit offers incredible potential for the right buyer with a vision. Featuring tons of natural light, this condo is ready for your personal touch. Whether you're looking to renovate or move in immediately, this prime location offers unbeatable access to the lakefront, South Shore Cultural Center, Jackson Park, and the Obama Center. The building also has an exercise room...Don't miss your chance to own a condo just steps away from Lake Michigan in the vibrant and historic South Shore neighborhood! This unit offers incredible potential for the right buyer with a vision. Featuring tons of natural light, this condo is ready for your personal touch. Whether you're looking to renovate or move in immediately, this prime location offers unbeatable access to the lakefront, South Shore Cultural Center, Jackson Park, and the Obama Center. The building also has an exercise room and coin laundry for convenience. Sold as-is. Bring your ideas and make your next purchase in one of Chicago's most up-and-coming lakefront communities! Owner-occupied only!
  1. Listed by Terrence Johnson • Coldwell Banker Realty

Property Details for 7355 South South Shore Drive, Unit 502

Area
CHI - South Shore
Township
South Chicago
Ownership
Condo
Num Of Parking Spaces
1.0
Parking Included in Price
Yes
Heat/Fuel
Electric
Pets Allowed
No
LISTING UPDATED: 06/22/2025 05:20 AM

Property Details for 7355 South South Shore Drive, Unit 502

StatusContingent
MLS #12331372
Days on Market76
Taxes$423 / year
HOA Fees$316 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeAttached Single / Condo
Year Built1962
CountyCook County

Building

7355 S South Shore Dr

47 Units5 StoriesBuilt in 1962

Location

Listing Courtesy of Coldwell Banker Realty
Add your commute

Building Information for 7355 South South Shore Drive, Unit 502

Building/Complex7355 S South Shore DrFloor5Stories5Residences47Pet PolicyAllowedPet Policy Details75Year Built1962

Payment Calculator

$613 per month

30 year fixed, 6.845% Interest

Principal and Interest

$262

Property Taxes

$35

HOA Dues

$316

The Payment Calculator is for illustrative purposes only.

Property Information for 7355 South South Shore Drive, Unit 502

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: On Site
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Parking, Lawn Care, Snow Removal
Property Information
Interior Features
  • Num Of Rooms: 4
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 1
  • Air Conditioning: None
  • Basement Bathrooms: No
  • Room Type: No additional rooms
  • Num of Baths: 1.0
Exterior Features
  • Type: Condo
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Type Attached: Condo
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: CONDO
  • Stories Total: 5
  • Total # Units in Building: 47.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Brick
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 7300
  • East Coordinate: 1000
  • West Coordinate: 0
  • Living Area Source: Estimated
  • Management Company: Self Managment
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 7
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 13X11
Bedroom #2 Information
  • 2nd Bedroom Level: N/A
  • Room Type: Bedroom 2
Bedroom #3 Information
  • 3rd Bedroom Level: N/A
  • Room Type: Bedroom 3
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: COMBO
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 8X5
Laundry Information
  • Laundry Level: N/A
  • Room Type: Laundry
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 16X18

Property History for 7355 South South Shore Drive, Unit 502

DateEvent & SourcePriceAppreciation
Jun 19, 2025

Contingent

MRED #12331372

May 28, 2025

Price Change

MRED #12331372

$50,000
Apr 25, 2025

Price Change

MRED #12331372

$59,000
Apr 8, 2025

Listed (Active)

MRED #12331372

$64,000
DateEvent & SourcePrice
06/19/2025

Contingent

MRED #12331372

05/28/2025

Price Change

MRED #12331372

$50,000
04/25/2025

Price Change

MRED #12331372

$59,000
04/08/2025

Listed (Active)

MRED #12331372

$64,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7355 South South Shore Drive, Unit 502

Taxable ValueLand$640Additions$1,359Total$1,999
Tax Record2023$423 ($35 / month)
Home Facts
Beds0Stories5Lot Size23,593 SqFtStyleCondominiumYear Built1962CountyCOOKAPN21-30-114-028-1039

Schools near 7355 South South Shore Drive, Unit 502

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Powell Elementary Paideia Community Academy
PublicPK to 8

Excel Academy - Woodlawn HS
Public9 to 12

CAMELOT SAFE ACADEMY SCHOOL
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/22/2025 05:20 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.