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Experience the best of lakefront living at Lake Terrace Condominiums! This spacious one-bedroom residence offers modern comfort, abundant natural light, and unbeatable views just steps from Lake Michigan. The unit is currently tenant-occupied, providing an excellent opportunity for investors seeking immediate rental income. Perfect for both homeowners and investors, the unit is located in a well-maintained, investor-friendly building. Enjoy premium amenities including 24-hour door staff and security, a fitness center, event space with panoramic lake views, laundry facilities, and on-site cleaning services. Ideally situated near the Obama Presidential Library, South Shore Cultural Center, and scenic parks and Lake Michigan beaches, this condo offers easy access to dining, transit, and recreation. Discover exceptional value and convenience in one of Chicago's fastest-growing neighborhoods. Schedule your private showing today-motivated seller!
| DAYS ON MARKET | 42 | LAST UPDATED | 11/14/2025 |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | CHI - South Shore |
| GARAGE SPACES | 2.0 | COUNTY | Cook |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| PRICE HISTORY | |
| Prior to Nov 14, '25 | $65,000 |
|---|---|
| Nov 14, '25 - Today | $63,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Security, Snow Removal, Water |
| AREA | CHI - South Shore |
| BASEMENT | None |
| CONSTRUCTION | Brick |
| EXTERIOR | Dock |
| GARAGE | Attached Garage, Yes |
| HOA DUES | 601 |
| INTERIOR | Elevator |
| LOT | 0 |
| LOT DIMENSIONS | Common |
| PARKING | Other, Attached, Garage |
| SEWER | Public Sewer |
| STORIES | 13 |
| TAXES | 1065.52 |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Blue Door Dave 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.