Closed

$55,000

4850 Lake Park Avenue, Chicago, IL 60615
2 Beds1 Baths1,200 sqft153 days
4850 Lake Park Avenue·Chicago, IL 60615
2Bedrooms
1Bathrooms
1,200Sq Ft
1970Year Built
About This Home

CASH ONLY, OWNER OCCUPIED BUILDING -- Welcome to Unit 2508B at 4850 S Lake Park Avenue, a fully renovated top-floor home in one of Hyde Park's most iconic high-rises. This beautifully updated two-bedroom, one-bathroom co-op offers panoramic views of Lake Michigan, the skyline, and seasonal fireworks-capturing the best of lakefront living. The unit features a brand-new kitchen with modern cabinetry, stainless steel appliances, and quartz countertops. The bathroom has been fully remodeled, and both bedrooms are bright and spacious with ample closet space. New flooring throughout completes this move-in-ready home. This is a cash-only, owner-occupied building. Monthly assessments of $1,348 include heat, water, common insurance, exterior maintenance, scavenger, 24-hour door staff, and real estate taxes. A $6,000 refundable shareholder amount is required at possession. Covered garage available for an additional $85/mo. Residents enjoy secure entry, on-site management, package receiving, and a laundry facility. Dogs up to 20 lbs are welcome. Just steps from the express bus to downtown and within walking distance to Whole Foods, restaurants, parks, the lakefront, and the University of Chicago, this home offers convenience, views, and value in one of Chicago's most vibrant neighborhoods.

MLS# 12386806Listed June 10, 2025Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms5

Size & Structure

Living Area1,200 sqft
Stories25
Garage Spaces1
Year Built1970
Lot SizeCOMMON

Location

CountyCook
TownshipHyde Park
Zip Code60615

Financial

List Price$55,000
Price / Sq Ft$46
Parcel #20112060580000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorStainless Steel Appliance(s)Range Hood

Flooring

HardwoodLaminateCarpet

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

Upper LevelGas Dryer HookupCommon AreaSink

Accessibility

Kitchen Modifications
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

Circuit Breakers

Parking

ConcreteGarageYesOtherDetached
HOA & Community
HOA Fee
$1,348
Monthly

HOA Includes

HeatAir ConditioningWaterGasTaxesInsuranceSecurityDoormanTV/CableExterior MaintenanceLawn CareScavengerSnow Removal

Association Amenities

Elevator(s)
Schools
High School
Kenwood Academy High School
District: 299
Property Location

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

$55,000
$46 / sqft
4850 Lake Park Avenue
2 bd1 ba1,200 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
153 days on market
1-car garage
COMMON
$1,348 HOA (monthly)
$1,637
estimated monthly payment
Principal & Interest
$289/mo
HOA
$1,348/mo
$55,000
20% — $11,000
3%50%
6.875%
3%12%
Loan Amount
$44,000
Down Payment
$11,000

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

Listed by
Coldwell Banker Realty
Agent: Wilonda Cannon
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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