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Listing provided courtesy of Blue Door Dave IncMREDas Distributed by MLSGrid- MLS# 12529692MLS Provider

7854 S South Shore Drive #313Chicago, IL 60649

Condo/Townhouse · 1 Full Bath · 400 Sq. ft.
$46,000 Active

7854 S South Shore Drive #313 Overview

Time on Site:
203 days
Visits:
3

Discover unbeatable value in this bright studio residence located right on South Shore Drive, just minutes from the lakefront. This well-maintained unit offers great natural light and an efficient layout perfect for a primary home or income-producing rental. The building is investor-friendly and features secure entry, professional management, and convenient common-area laundry. Enjoy being moments from the beach, bike paths, and scenic lakefront parks, plus quick access to Lake Shore Drive, Hyde Park, the University of Chicago, and Downtown. Ideal for those seeking a low-maintenance residence with strong rental potential in one of Chicago's iconic lakefront neighborhoods. A fantastic opportunity at an attractive price point.

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7854 S South Shore Drive #313 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 400
  • Price/Sq.ft. $115

Details

General

Association/HOA

  • Association Amenities: Coin Laundry, Elevator in Residence
  • Association Fee: $189.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Taxes, Insurance, Exterior Maintenance, Snow Removal

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1974

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: $186.03
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 21304170521031
  • Property Type: Residential
  • Special Listing Conditions: None

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: None
  • Heating: Natural Gas
  • Living Area: 400
  • Living Area Source: Estimated
  • Rooms Total: 2
  • Stories Total: 5

Unit Information

  • Unit Number: 313

Exterior

Parking Information

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

Lot Information

  • Lot Size Dimensions: COMMON
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Room Information

Room: Master Bedroom

    Room: Kitchen

    • Level: Main
    • Dimensions: 4X6

    Room: Living Room

    • Level: Main
    • Dimensions: 6X13

    • 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: Laundry

    • Level: N/A

    7854 S South Shore Drive #313 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 #313 Monthly Cost

    $
    $ %
    %
    $
    $
    Randall Fowlkes
    * 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 #313 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 #313 History

    Date Event Value Agent
    6/22/2026Source: MRED Status Change
    Active
    6/16/2026Source: MRED Status Change
    Re-activated
    6/12/2026Source: MRED Price Reduction
    $46,000 -6.1%
    6/12/2026Source: MRED Status Change
    Price Change
    4/14/2026Source: MRED Status Change
    Active
    4/9/2026Source: MRED Price Reduction
    $49,000 -2.0%
    4/9/2026Source: MRED Status Change
    Price Change
    3/4/2026Source: MRED Status Change
    Active
    2/27/2026Source: MRED Price Reduction
    $50,000 -7.4%
    2/27/2026Source: MRED Status Change
    Price Change
    2/8/2026Source: MRED Status Change
    Active
    2/3/2026Source: MRED Price Reduction
    $54,000 -14.3%
    2/3/2026Source: MRED Status Change
    Price Change
    1/15/2026Source: MRED Status Change
    Active
    1/10/2026Source: MRED Price Reduction
    $63,000 -3.1%
    1/10/2026Source: MRED Status Change
    Price Change
    12/13/2025Source: MRED Status Change
    Active
    12/8/2025Source: MRED Added to Database
    December 08, 2025