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Listing provided courtesy of Blue Door Dave IncMREDas Distributed by MLSGrid- MLS# 12617478MLS Provider

7854 S South Shore Drive #306Chicago, IL 60649

Condo/Townhouse · 1 Full Bath
$55,000 Active

7854 S South Shore Drive #306 Overview

Time on Site:
76 days
Visits:
0

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.

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7854 S South Shore Drive #306 Facts & Features

  • Type Condo/Townhouse

Details

General

Association/HOA

  • Association Fee: $391.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Taxes, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1987

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Shore
  • Township: Hyde Park

Rent/Lease Information

  • Lease Amount: 25

Tax Information

  • Tax Annual Amount: $168.97
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 21304170521024
  • Pets Allowed: Cats OK
  • Property Type: Residential
  • Special Listing Conditions: List Broker Must Accompany

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 999

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 0
  • Bedrooms Possible: 0

General Information

  • Basement: None
  • Cooling: Wall Unit(s)
  • Heating: Steam
  • Living Area: 0
  • Living Area Source: Not Reported
  • Rooms Total: 2
  • Stories Total: 5

Unit Information

  • Unit Number: 306

Exterior

Parking Information

  • Parking Features: Yes, Leased, Attached, Garage
  • Parking Total: 999

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: Common
  • Water Source: Public

Waterfront/View

  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Room Information

Room: Laundry

  • Level: Main
  • Dimensions: 12X10

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 2

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Dining Room

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Master Bedroom

  • Level: N/A

Room: Kitchen

  • Level: Third
  • Dimensions: 8X8

Room: Living Room

  • Level: Third
  • Dimensions: 18X22

7854 S South Shore Drive #306 Neighborhood

Community

60649 (Chicago) Demographics

38
Median Age
11,999
Population Density (per sq. mile)
35%
College Educated
$36,130
Estimated Median Income
5,387
Estimated Total Home Owners
16,947
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7854 S South Shore Drive #306 Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7854 S South Shore Drive #306 Market Data

Based on the last 30 days in this zip code

$194,506
Average List Price
$134
Average Price per Square Foot
12
Properties Sold
66
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

7854 S South Shore Drive #306 History

Date Event Value Agent
4/18/2026Source: MRED Status Change
Active
4/14/2026Source: MRED Added to Database
April 14, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022