7854 South South Shore Drive 306

Unit 306 at 7854 South South Shore Drive is a 1-bathroom condo in Chicago, IL with 999 garage spaces, built in 1987. It is currently listed at $53,000, with a monthly HOA fee of $391. Highlights include a waterfront setting.

Charming, studio condo ideally positioned along the vibrant South Shore corridor. This unit offers an excellent opportunity for investors seeking immediate cash flow, while still allowing flexibility for a future owner-occupant. Situated just steps from Lake Michigan, this location places you near the South Shore Cultural Center, Rainbow Beach, and ongoing neighborhood revitalization efforts. The area is experiencing increased attention with nearby developments and infrastructure improvements, including the Obama Presidential Center just a short drive away. With public transportation, lakefront access, and community investments all within reach, this is a smart entry point into a growing market.