CONTINGENT

Contingent

$75,000

Est. $934/mo —

•

1,200

sq ft

7854 S South Shore Dr #502, Chicago, IL 60649

About this home

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.

CondoProperty Type

1975Year Built

0.45 acresLot Size

$63Price/Sq.Ft.

$459/moHOA Dues

1 spaceParking

Listed by Adam Chaudhry • Berkshire Hathaway HomeServices Chicago

Listing updated: Oct 11, 2026 at 11:44am

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12754473

Payment calculator

$934 per month

Principal and interest$409

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN WED, 5AM TO 6:30PM
$465,000
8 beds4 baths— sq ft
Chicago, IL 60619
2 parking spots • Built 2008
OPEN THU, 4:30PM TO 6PM
$250,000
3 beds2 baths1,650 sq ft
4426 S Calumet Ave #1, Chicago, IL 60653
$351 HOA • Parking • Built 2004
OPEN SAT, 10AM TO 1PM
$309,900
4 beds2 baths1,960 sq ft
4352 150th St, Midlothian, IL 60445
0.24 acre lot • 2 garage spots • Built 1989
OPEN SAT, 11AM TO 1PM
$170,000
2 beds2 baths1,200 sq ft
2772 E 75th St Unit 5BSW, Chicago, IL 60649
$508 HOA • Built 1967
OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$315,000
1 bed1 bath802 sq ft
225 W Huron St #211, Chicago, IL 60654
$496 HOA • Built 1900
OPEN SAT, 11AM TO 12:45PM3D WALKTHROUGH
$839,900
4 beds3.5 baths3,100 sq ft
704 E 41 St, Chicago, IL 60653
1,650 sq ft lot • 2 garage spots • Built 2026
OPEN SAT, 12PM TO 2PMVIDEO TOUR
$158,000
2 beds1 bath1,600 sq ft
14202 S Dearborn St, Riverdale, IL 60827
Garage • Built 1953
OPEN SAT, 12PM TO 2PM
$509,900
3 beds2.5 baths1,900 sq ft
4441 S Vincennes Ave #1, Chicago, IL 60653
$250 HOA • Garage • Built 2026
OPEN SAT, 12:30PM TO 2:30PM
$599,999
3 beds3 baths3,200 sq ft
4716 S Ingleside Ave Unit 1N, Chicago, IL 60615
$420 HOA • Parking • Built 1918
OPEN SUN, 12PM TO 1:30PM
$1,575,000
2 beds2.5 baths3,550 sq ft
500 W Superior St #2401, Chicago, IL 60654
$3,839 HOA • 2 garage spots • Built 1972

Around this home

Schools

K - 12
Preschool & daycare

Powell Elementary Paideia Community Academy

Public PreK-8 • Assigned • 0.6mi

4/10

South Shore Intl Col Prep High School

Public 9-12 • Assigned • 1.4mi

4/10

Provided by GreatSchools

About South

Shore

South Shore, located between Jackson Park and Rainbow Beach, is a lakefront and residential Chicago neighborhood with a historic parkland edge and a broad shoreline. The neighborhood’s character concentrates around 71st Street and South Shore Drive, where storefront corridors meet the lake breeze near South Shore Cultural Center. Brick two-flats and courtyard apartments line leafy blocks, while South Shore Drive frames long views of Lake Michigan. South Shore Cultural Center anchors arts and events in a landmark former country club. South Shore Brew and the South Shore Nature Sanctuary add a grounded, local rhythm of pints and prairie paths.

Provided by Walk Score and Local Logic

Market insights

7854 S South Shore Dr #502 · $75,000

DAYS ON MARKET

The average home goes pending in 52 days.

SALE-TO-LIST

Most homes are selling 0% below list price.

LIST PRICE

Median sale price in this area is $314,714. (320% higher than this home)

PRICE DROP

13% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Bedrooms
2 bedrooms

Bathrooms
2 full bathrooms

Laundry & utility
Common-area laundry

Heating & cooling
Natural gas, baseboard heating
Wall-unit cooling

Sale and tax history for 7854 S South Shore Dr #502

Sale History
Tax History

Date

Event

Price

MRED as Distributed by MLS Grid #12754473

Oct 11, 2026

Contingent (Contingent - Continue to Show)

—

Sep 18, 2026

Price Changed

$75,000

$63/sq ft

Sep 9, 2026

Listed (Active)

$78,000

$65/sq ft

MRED as Distributed by MLS Grid #12712604

Aug 27, 2026

Listing Removed

—

MRED as Distributed by MLS Grid #12665247

Jul 22, 2026

Listing Removed

—

MRED as Distributed by MLS Grid #12116853

Sep 3, 2024

Listing Removed

—

MRED as Distributed by MLS Grid #11616090

Jan 30, 2023

Listing Removed

—

Oct 4, 2022

Contingent (Contingent - Continue to Show)

—

Public Records

May 16, 2005

Sold

$65,500

$55/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$422 (+2.6%)

$452 + $1,705

$2,157

2022

$411 (+2.3%)

$753 + $1,246

$1,999

2021

$402 (−19.8%)

$753 + $1,246

$1,999

2020

$501 (+0.1%)

$542 + $1,707

$2,249

2019

$500 (+1.7%)

$542 + $1,948

$2,490

2018

$492 (−19.9%)

$542 + $1,948

$2,490

2017

$614 (+7.5%)

$481 + $2,371

$2,852

2016

$571 (−22.8%)

$481 + $2,371

$2,852

2015

$740 (+8.8%)

$481 + $3,560

$4,041

2014

$680 (+2.1%)

$406 + $3,261

$3,667

2013

$666 (+1.2%)

$406 + $3,261

$3,667

2012

$658 (−31.8%)

$406 + $3,261

$3,667

2011

$965 (−0.4%)

$542 + $5,414

$5,956

2010

$969 (+4.4%)

$542 + $5,414

$5,956

2009

$929 (+6.2%)

$542 + $5,414

$5,956

2008

$874 (+1.0%)

$409 + $5,685

$6,094

2007

$866

$409 + $5,685

$6,094

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

21304170521048

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

RM-5

Residential Multi-Unit District 5

The RM5 districts are intended to accommodate multi-unit residential buildings. The RM5 district differs from the RM5.5 district only in terms of the maximum building height allowed. Applicable height limits in RM5 generally limit buildings to a maximum of 3.5 to 4 stories structures.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Bed & breakfast
Educational / school

About this building

4 for sale

7854 S South Shore Dr Chicago, IL, 60649

See photos & sale trends

Photo via 306 listing

Units for sale


313	$40,000	0 beds	1 bath	400 sq ft
306	$53,000	0 beds	1 bath	— sq ft
514	$59,900	2 beds	2 baths	1100 sq ft
502	$75,000	2 beds	2 baths	1200 sq ft

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60649

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

84/ 100

Very good sunlight

Sunscore

This home ranks in the top 15% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.9 hrs

5.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 7854 S South Shore Dr #502

$71,837

$3,163 under list price of $75K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $40K to $75K.

SOLD AUG 13, 2026
$62,950 Last sold price
1 bed1 bath800 sq ft
7337 S South Shore Dr #1412, Chicago, IL 60649
$16/sq ft
13 years older
SOLD MAR 3, 2026
$75,000 Last sold price
2 beds1 bath1,000 sq ft
7337 S South Shore Dr #515, Chicago, IL 60649
$12/sq ft
15 years older
SOLD OCT 13, 2026
$45,000 Last sold price
1 bed1 bath850 sq ft
7337 S South Shore Dr #918, Chicago, IL 60649
$10/sq ft
13 years older
BOUGHT WITH REDFIN AUG 28, 2026
$48,000 Last sold price
1 bed1 bath750 sq ft
7337 S South Shore Dr #1420, Chicago, IL 60649
$1/sq ft
13 years older
SOLD MAR 23, 2026
$57,000 Last sold price
1 bed1 bath800 sq ft
7337 S South Shore Dr #904, Chicago, IL 60649
$8/sq ft
13 years older
SOLD OCT 2, 2026
$40,000 Last sold price
1 bed1 bath750 sq ft
7337 S South Shore Dr #812, Chicago, IL 60649
$10/sq ft
13 years older

Rental earnings

Est. $1,316 per month, based on comparable rentals

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7337 S South Shore Dr #412, Chicago, IL 60649

Premium amenities • 24 hour door staff • Fitness center

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New listings for sale in 60649

OPEN SAT, 11AM TO 1PM

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Private beach access • Custom closet • Updated bathroom

NEW

$614,900

4 beds2.5 baths3,240 sq ft

6723 S Euclid Ave, Chicago, IL 60649

Dedicated study • Formal dining room • Family room

$217,000

10 beds3 baths— sq ft

7144 S Bennett Ave, Chicago, IL 60649

Three story brick • Oversized lot • Full basement

$299,000

6 beds4 baths— sq ft

7712 S Ridgeland Ave, Chicago, IL 60649

3,750 sq ft lot • 3 garage spots • Built 1922

$279,900

5 beds2 baths2,012 sq ft

7228 S Ridgeland Ave, Chicago, IL 60649

Hardwood floors • Elegant fireplace • Main-level laundry

$194,900

2 beds1.5 baths936 sq ft

1708 E 73rd St, Chicago, IL 60649

Fully rehabbed • Hardwood flooring • Finished basement

$1,900,000

34 beds34 baths— sq ft

7601 S Kingston Ave, Chicago, IL 60649

0.34 acre lot • Built 1924 • Listed 4 days

$519,999

6 beds3 baths3,200 sq ft

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Finished basement • 42 inch cabinets • Crown molding

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Brick tri-level home • Chef's kitchen • Granite counter top

Details provided by MRED as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

Open houses

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 7854 S South Shore Dr #502

Public record

About this building

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 7854 S South Shore Dr #502

This home may not be allowing tours right now

Nearby similar homes

New listings for sale in 60649

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