Closed

$275,000

4950 Chicago Beach Drive, Chicago, IL 60615
3 Beds3 Baths0 sqft88 days
4950 Chicago Beach Drive·Chicago, IL 60615
3Bedrooms
3Bathrooms
0Sq Ft
1929Year Built
About This Home

The List Price includes one year's free monthly assessment and taxes! The Powhattan is a luxurious, 1929 landmark designated building. It is considered the best example of Art Deco residential architecture in Chicago. Designed by renowned architects Robert De Golyer and Charles L. Morgan at the height of the Roaring 20s, The Powhattan provides the elegance of an era gone by. This spacious, 3-bedroom, 3-bathroom residence with panoramic views of Lake Michigan and Chicago's lakefront is designed on a grand scale with stunning lake and park views, magnificent hardwood parquet floors, elegant high ceilings, a decorative fireplace, and formal & casual dining. Each bedroom has an en-suite bath and walk-in closets. The Powhatan's thirty-eight apartment owners and their guests enjoy its Art Deco lobby, exquisite top-floor ballroom with grand piano and kitchen, two entertaining terraces with grills and seating for outdoor entertainment, stunning Art Deco indoor swimming pool & fitness room, round-the-clock door person and elevator attendants and valet parking. There are only two apartments per floor; each has a separate attended elevator. The spacious bathrooms and kitchen allow the buyer to custom design them to their taste. The Powhatan is beyond comparison. The monthly assessment includes parking, real estate taxes, all amenities, and 5-star service. Substantial capital improvements have occurred over the past decade to bring the infrastructure of this landmark to enhance its value.

MLS# 11639002Listed September 27, 2022Residential
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms3
Full Baths3
Half Baths0
Total Rooms6

Size & Structure

Living Area0 sqft
Stories22
Fireplaces0
Year Built1929
Lot Size0.25

Location

CountyCook
TownshipHyde Park
Zip Code60615

Financial

List Price$275,000
Parcel #20121030030000
Interior Features

Flooring

Hardwood

Heating

Radiant

Cooling

None

Basement

None

Laundry

In UnitCommon Area
Exterior & Lot

Construction

BrickLimestonePlaster
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers

Parking

AssignedOn SiteOwned
HOA & Community
HOA Fee
$3,860
Monthly

HOA Includes

HeatWaterGasParkingTaxesInsuranceDoormanExercise FacilitiesPoolExterior MaintenanceLawn CareScavengerSnow Removal

Association Amenities

Bike Room/Bike TrailsDoor PersonElevator(s)Exercise RoomStorageOn Site Manager/EngineerParty RoomSundeckIndoor PoolReceiving RoomService Elevator(s)LaundryPublic BusPrivate Indoor Pool
Property Location

4950 Chicago Beach Drive, Chicago, IL 60615 — Cook County

$275,000
4950 Chicago Beach Drive
3 bd3 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
88 days on market
0.25
$3,860 HOA (monthly)
$5,305
estimated monthly payment
Principal & Interest
$1,445/mo
HOA
$3,860/mo
$275,000
20% — $55,000
3%50%
6.875%
3%12%
Loan Amount
$220,000
Down Payment
$55,000

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

Listed by
Fine and Company LLC
Agent: Michael Fine
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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