ClosedPrice Reduced

$49,000

$58,000
4850 Lake Park Avenue, Chicago, IL 60615
3 Beds1 Baths0 sqft107 days
4850 Lake Park Avenue·Chicago, IL 60615
3Bedrooms
1Bathrooms
0Sq Ft
1971Year Built
About This Home

Seller is highly motivated and looking for a serious buyer ready to move into this beautifully maintained unit located in the heart of Hyde Park - one of Chicago's most sought-after neighborhoods. This home offers the perfect blend of comfort, convenience, security, and affordability with access to premium building amenities and city living near downtown Chicago. Featuring modern updates, a spacious layout, and the added convenience of a gas stove and appliance coverage included in the monthly fee, this unit is ideal for a buyer seeking low-maintenance living in a secure, well-managed building. Property Details * Monthly Carrying Charges: $1,523 * Shares / Refundable Deposit: $6,240 * Garage Parking: Starting at $75/month Monthly Fee Includes * Heat, water, and cable (HBO, Showtime, and STARZ included) * Gas stove and appliance coverage * All unit maintenance * Common area amenities Additional Highlights * 24/7 building and garage security * Only electricity is excluded from the monthly fee * Owner-occupancy required for at least one year before resale * All renovations or changes require board approval Located in desirable Hyde Park, this unit presents a rare opportunity to own an affordable, secure, and low-maintenance home in one of Chicago's most vibrant and growing communities. Perfect for buyers looking for value, convenience, and move-in-ready living. CASH DEAL ONLY

MLS# 12649015Listed May 13, 2026Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms6

Size & Structure

Living Area0 sqft
Stories25
Garage Spaces1
Year Built1971
Lot SizeCOMMON

Location

CountyCook
TownshipHyde Park
Zip Code60615

Financial

List Price$49,000
Original Price$58,000
Parcel #20112060580000
Interior Features

Heating

Steam

Cooling

Central Air

Basement

None

Laundry

Common Area

Accessibility

Hall Width 36 Inches or MoreMain Level EntryWheelchair AccessibleCommon Area
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

YesLeasedDetachedGarage
HOA & Community
HOA Fee
$1,523
Monthly

HOA Includes

HeatAir ConditioningWaterSecurityDoormanTV/CableExterior MaintenanceLawn CareSnow Removal
Tax & Financial
Price Reduced by $9,000
Original list price: $58,000
Property Location

4850 Lake Park Avenue, Chicago, IL 60615 — Cook County

$49,000
4850 Lake Park Avenue
3 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
107 days on market
1-car garage
COMMON
$1,523 HOA (monthly)
Price reduced $9,000
$1,781
estimated monthly payment
Principal & Interest
$258/mo
HOA
$1,523/mo
$49,000
20% — $9,800
3%50%
6.875%
3%12%
Loan Amount
$39,200
Down Payment
$9,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Real Broker, LLC
Agent: Tiarra Washington
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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