$47,500
$44,950
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
775 SqFt
SOLD DATE : 09/28/2026
Key Details
Sold Price $47,500
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 775 sqft
Price per Sqft $61
MLS Listing ID 12749399
Sold Date 09/28/26
Bedrooms 1
Full Baths 1
HOA Fees $585/mo
Rental Info Yes
Year Built 1962
Annual Tax Amount $1,038
Tax Year 2025
Lot Dimensions Common
Property Sub-Type Condo
Property Description
Experience lakefront living at the highly desirable Lake Terrace Condominiums! This is a 2nd flr. East facing 1-bedroom, 1-bathroom condo with LVP flooring and a spacious living room offering Lake Michigan views. Condo is worn and in need of TLC. Situated in an investor-friendly building. Residents enjoy premium amenities including 24-hour door staff and security, a fitness center, and convenient on-site laundry facilities. Perfect for an owner-occupant looking to build equity or an investor looking for a high-potential property! Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition!
Location
State IL
County Cook
Area Chi - South Shore
Rooms
Basement None
Interior
Heating Natural Gas, Baseboard
Cooling Wall Unit(s)
Fireplace N
Exterior
Garage Spaces 1.0
Building
Building Description Brick, No
Story 14
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
HOA Fee Include Heat,Water,Insurance,Security,Doorman,Exercise Facilities,Exterior Maintenance,Lawn Care,Scavenger
Ownership Condo
Special Listing Condition REO/Lender Owned
Pets Allowed Cats OK, Dogs OK
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Priscila Baca of Goldtree Realty, Inc
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2600 S. Michigan Avenue, Suite 102, Chicago, IL 60616, United States