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Situated in the scenic South Shore neighborhood of Chicago, 7854 S. South Shore Drive is a sought-after condo development that offers quality construction, roomy units and the modern amenities and services you need to live in comfort and style in the big city. Built in the past couple of decades, this structure houses 60 individual units and includes assigned/deeded parking to accommodate residents with vehicles. The various floorplans consist of anywhere from studio to 2 bedrooms with an average master bedroom size of 165 square feet and a second bedroom of 132 square feet. However, if you prefer a bit more space to sleep in, there are 200+ square-foot bedrooms available in several units.
Some of the building's smaller living rooms provide 168 square feet in which to put that plush wrap-around couch and the new flat screen TV, but the average size is 182 square feet for the main room. Either way, you'll have enough room to relax and watch your television shows on those quiet nights, or host great get-togethers for the occasional impromptu dinner party. Just make sure no little four-legged friends sneak into the party because it would violate the building strict no-pets policy.
While the ability to host parties is often an essential factor in buying a home, there are other more fiscal-aspects you're probably interested in knowing. For example, what the price per sq. foot is for the units in the building and what the properties here are selling for these days. Well, lucky for you, we've got that info right here, too.
At 7854 S. South Shore Drive, the average price per square foot is $69, with the minimum listing price for the building at $36,000. While certain size units (meaning a two- versus a three-bedroom) sell better than others, a studio recently sold for $39,000 in May of 2006. On top of the pricing data, it's nice to know the market stats for the particular site as well. Once again, we've got that right here for you. The average length of time a unit in this building stays on the market (which means the time between listing and closing) is 62 days. Of the units that are currently listed, studio residences typically stay on the market for an average of 53 days before they sell.
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