Contact us: 563.441.1776
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.
Property Highlights
Property Type: Residential - Condominium
Total Living Area SF: 1,200
Built in 1975
Elementary School: Powell Elementary School Paideia
Middle School: Powell Elementary School Paideia
Brick Exterior
General Information
Bedrooms: 2
Bathrooms: 2
Sqft: 1,200
County: Cook
Listed By:
Berkshire Hathaway HomeServices Chicago
630-325-7500
MRED MLS
MLS ID: 12754473
Room Information
Bedroom 2: 12X10
Dining Room: COMBO
Kitchen: 15X15
Living Room: 20X20
Primary Bedroom: 12X12
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7854 S South Shore Drive, Unit 502, Chicago, IL 60649.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $75,000 | $75,000 | $75,000 |
| Down Payment | $15,000 | $2,625 | $18,750 |
| Monthly Mortgage Amount | $389 | $484 | $482 |
| Taxes | $104 | $104 | $104 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $33 | $0 |
| Monthly Estimated Total | $593 | $721 | $686 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/13/2026. The listing information on this page last changed on 11/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 11/13/2026 7:53:47 PM EST) or MRED MLS (last updated Fri 11/13/2026 7:50:21 PM EST) or SCWMLS (last updated Fri 11/13/2026 7:47:29 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 11/13/2026 7:02:49 PM EST) or Cedar Rapids MLS (last updated Fri 11/13/2026 7:49:13 PM EST) or NEIRBR MLS (last updated Fri 11/13/2026 7:48:44 PM EST) or ICAAR MLS (last updated Fri 11/13/2026 7:47:36 PM EST) or ECIMLS (last updated Fri 11/13/2026 7:52:18 PM EST) or RMLSA (last updated Fri 11/13/2026 7:51:06 PM EST) or Muscatine MLS (last updated Fri 11/13/2026 7:45:10 PM EST) or No Coast MLS (last updated Fri 11/13/2026 7:45:30 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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