$53,000
 $285 est/mo Sourced by Back At You

7854 S South Shore Drive 306,Chicago, IL 60649

Chicago, IL 60649

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Description

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.

Details

MLS #12617478
Listing TypeFor Sale
StyleCondominium
HOA Dues$391
Sub-TypeResale
StatusActive
Year1987
Days On Site174
Listing Provided ByBlue Door Dave Inc | Deja Blair

Features

Bath(s) 1 Total
Garage999
Story(s)5
Water FrontYes

Interior

Rooms Total2
CoolingWall Unit(s)
HeatingSteam

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesYes, Leased, Attached, Garage
Garage Spaces999

Utilities

SewerPublic Sewer

Taxes

Tax Year2024
Tax Annual Amount168.97

Area Information

StateIL
CountyCook
CityChicago
Zip Code60649
AreaCHI South Shore
Listing VS Median (in 60649)
Price:
$53,000
low | high
Med:
$85,000
10.377358490566% of Average
On site:
174
low | high
Med:
112.5
100% of Average
Sourced by Back At You

Market Activity 60649

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60649
AreaCHI South Shore
Listing VS Median (in 60649)
Price:
$53,000
low | high
Med:
$85,000
10.377358490566% of Average
On site:
174
low | high
Med:
112.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $39K - $66K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
7854 S South Shore Drive 313 Property Photo 1
$40,000
7854 S South Shore Drive 313
Chicago, IL 60649
7855B S SOUTH SHORE Drive 3E Property Photo 1
$39,900
7855b S South Shore Drive 3e
Chicago, IL 60649
Listing Updated: September 28, 2026 at 6:44:00 PM PDT