About The Property

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 exceptionalRead MoreRead Less
Courtesy of Blue Door Dave Inc [email protected]
Listing Snapshot
Days Online
44
Last Updated
Property Type
Condominium
Beds
1
Full Baths
1
Year Built
1960
MLS Number
12500186
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Additional Details

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Basement
"None"
Building
Area: 0, Construction Materials: "Brick", Built in 1960, Rebuilt: No
Cooling
"Wall Unit(s)"
Accessibility Features
No
Garage
2 spaces
Heating
"Indv Controls"
Home Owner's Association
Dues: $601, Dues Frequency: Monthly, Dues include: "Heat", "Water", "Taxes", "Insurance", "Security", "Doorman", "Clubhouse", "Exercise Facilities", "Exterior Maintenance", "Lawn Care", "Scavenger", "Snow Removal", "Lake Rights"
Laundry
"Common Area"
Lot
Dimensions: Common
Parking
Parking Total: 4, "Yes", "Other", "Attached", "Garage"
Pets Policy
Description: "Cats OK", "Dogs OK"
Sewer
"Public Sewer"
Utilities
Water Source: "Public"
Taxes
Annual Taxes: $1,066, Year: 2024
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30 Days Snapshot Of 60649
$186k
+1%
(avg) sold price
10
-23%
homes sold
52
-39%
(avg) days on market
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Monthly Payment
$0

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