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5530 S South Shore Dr #3B, Chicago, IL, 60637

2beds
1baths
1,100sqft
$105,000
$95price/sqft
$994/moest. monthly cost
$39,760/yrincome needed

About This Home

Welcome to this well-priced two-bedroom, one-bath co-op at Promontory Apartments, where timeless architecture, comfort, and convenience come together. Designed by Mies van der Rohe, this historic building offers a distinctive setting with beautiful morning sunrises and an ideal location near some of Hyde Park's most treasured destinations. This inviting residence provides access to an impressive array of amenities, including 24-hour door staff, on-site management, an on-premises engineer, an exercise room, bike room, laundry facility, extra storage, rooftop solarium, vegetable garden, and picnic/grilling area. The seller has also installed new heating and air-conditioning units in each room to help ensure year-round comfort. Move-in ready while still offering the opportunity for your personal finishing touches, this home is just steps from the lakefront, the Museum of Science and Industry, the Obama Presidential Campus, and the University of Chicago. Everyday essentials and dining are close at hand, with Trader Joe's, Walgreens, and a variety of restaurants within walking distance. Monthly assessments include heat, air conditioning, water, cable, internet, and property taxes, helping simplify ownership with fewer additional expenses to manage. This is an exceptional opportunity to create your perfect home in one of Chicago's most iconic residential buildings.

Getting Around

84
WalkingVery Walkable
64
TransitGood Transit
97
BikeBiker's Paradise

Schools

4/10
Harte Elementary SchoolGrades PK-80.3 mi
7/10

Construction

Condition

  • Year built: 1947

Materials

  • Construction materials: Other

Type & Style

  • Home type: Cooperative
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Common Area

Basement

  • Basement: None

Bedroom2

  • Level: Main
  • Area: 130
  • Dimensions: 10X13

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 88
  • Dimensions: 11X8

Heating & Cooling

  • Heating features: Natural Gas,Electric
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 0
  • Total interior livable area: 1,100 sqft

Kitchen

  • Level: Main
  • Area: 104
  • Dimensions: 13X8

Living Room

  • Level: Main
  • Area: 315
  • Dimensions: 15X21

Master Bedroom

  • Level: Main
  • Area: 130
  • Dimensions: 10X13

Property

Accessibility

  • Accessibility features: Bath Grab Bars,Disability Access

Details

  • Parcel number: 20131030090000
  • Special condition: None

Features

  • Has view: Yes
  • View description: Water,Front of Property
  • Has water view: Yes
  • Water view: Water,Front of Property

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $530$6,360
Home Insurance *$183$2,196
Property Taxes $151$1,812
Electricity $130$1,569
Total$994$11,928
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,080/yr
40% on housing$29,820/yr
45% on housing$26,506/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$95This listing

vs Other Active Listings

Avg $/sqft

ZIP 60637$210
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60637$144
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Listed for sale$105,000

For Sale by Agent

AgentShaunessye Curry
BrokerageEXIT Strategy Realty

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