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Welcome to Lake Terrace Condominiums! Bright and spacious 2 bedroom condo with gorgeous views of the Lake from every window! The kitchen looks out into the living room and dining room combo area, which has a spacious, open layout. New stainless-steel refrigerator and new oven/range, new laminate flooring in the 2nd bedroom and unit freshly painted. The adjacent 1 bedroom, Unit #514, is also on the market, presenting a unique opportunity to own 2 side-by-side residences with the possibility of combining them into one expansive 3 bedroom unit. Great unit for owner occupant or investor who wants to rent to a tenant. This unit also has rarely available garage parking spot for $85/month. The building amenities include 24/7 security with door staff, a large, coin operated laundry room, exercise room, dry cleaners and sundeck. Prime location which is very conveniently located within minutes of the beach, tennis courts, Lake Shore Drive, South Shore Cultural Center, Jackson Park Golf Course, future Obama Library, Metra train station, and #6 and#26 CTA Bus lines and shopping. Sold As-Is. CASH Deals preferred! Conventional loan may work with select lenders.
| DAYS ON MARKET | 95 | LAST UPDATED | 11/17/2025 |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | CHI - South Shore |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| PRICE HISTORY | |
| Prior to Sep 8, '25 | $87,000 |
|---|---|
| Sep 8, '25 - Sep 15, '25 | $84,000 |
| Sep 15, '25 - Nov 17, '25 | $82,000 |
| Nov 17, '25 - Today | $81,900 |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Security, Snow Removal, Water |
| APPLIANCES | Range, Refrigerator, Stainless Steel Appliance(s) |
| AREA | CHI - South Shore |
| BASEMENT | None |
| CONSTRUCTION | Brick |
| HEAT | Baseboard |
| HOA DUES | 852 |
| INTERIOR | Elevator |
| LOT | 0 |
| LOT DIMENSIONS | CONDO |
| SEWER | Public Sewer |
| STORIES | 14 |
| TAXES | 423 |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Phenomenal Properties Inc
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Copyright 2025 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.