Lake Terrace, South Shore, Chicago, IL, Real Estate
About Lake Terrace
Lake Terrace is a condo building in the South Shore neighborhood of Chicago, Illinois, built between 1960 and 1967. It currently has 7 condos for sale with an average list price of $71,171.43. The homes range in size from 500 ft2 to 1,500 ft2. The HOA fees range from $389 to $885 per month. The average annual property tax for Lake Terrace is $364.55. It is located in Cook County.
Lake Terrace is a 14 story, 360 unit condo high-rise built in 1957 in the South Shore neighborhood of Chicago. Lake Terrace is located at 7337 S. South Shore Drive.
Dogs Allowed
Cats Allowed
Bike Room/Bike Trails
Door Person
Elevator
Exercise Room
Storage
On Site Manager/Engineer
Coin Laundry
Commissary
Party Room
Sundeck
Receiving Room
Sauna
Security Door Locks
Service Elevator
Valet/Cleaner
Park/Playground
Tennis Court/s
Health Club
Market Trends
Lake Terrace home sales for the month of November decreased in volume by 50% when compared to last year, while the median sale price rose by 16.9% from $65,000 to $76,000. Condo sales decreased by 50%, while the median sale price rose by 16.9% from $65,000 to $76,000.
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10
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14
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25
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9
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$47,250
|
$53,375
|
$60,000
|
$60,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Lake Terrace
Number of Sales for Lake Terrace
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