$75,000
 $403 est/mo Sourced by Back At You

7854 S South Shore Drive 502,Chicago, IL 60649

Chicago, IL 60649

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Description

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.

Details

MLS #12754473
Listing TypeFor Sale
StyleCondominium
HOA Dues$459
Sub-TypeResale
StatusActive
Year1975
Days On Site29
Listing Provided ByBerkshire Hathaway HomeServices Chicago | Adam Chaudhry

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,200
Story(s)5

Interior

Rooms Total5
CoolingWall Unit(s)
HeatingNatural Gas, Baseboard
Laundry FeaturesCommon Area

Exterior

Construction MaterialsBrick

Parking

Parking FeaturesAssigned, Alley Access, Secured, Yes, Owned

Utilities

SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount433.4

Area Information

StateIL
CountyCook
CityChicago
Zip Code60649
AreaCHI South Shore
School DistrictPowell Elementary School Paideia
Elementary SchoolPowell Elementary School Paideia
Listing VS Median (in 60649)
Price:
$75,000
low | high
Med:
$81,500
41.333333333333% of Average
sqft:
1,200
low | high
Med:
1,458
28.5% of Average
$ / sqft:
$63
low | high
Med:
$56
60.267621560498% of Average
On site:
29
low | high
Med:
20.5
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
School DistrictPowell Elementary School Paideia
Elementary SchoolPowell Elementary School Paideia
Listing VS Median (in 60649)
Price:
$75,000
low | high
Med:
$81,500
41.333333333333% of Average
sqft:
1,200
low | high
Med:
1,458
28.5% of Average
$ / sqft:
$63
low | high
Med:
$56
60.267621560498% of Average
On site:
29
low | high
Med:
20.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $56K - $93K
sqft: 900 - 1,500
Nearby Listings Property ImageNearby Listings Details
7853 S Coles Avenue I Property Photo 1
$90,000
7853 S Coles Avenue I
Chicago, IL 60649
3017 E 78th Street 3A Property Photo 1
$75,000
3017 E 78th Street 3a
Chicago, IL 60649
Listing Updated: September 28, 2026 at 5:38:20 PM PDT