Closed

$140,000

4980 Marine Drive, Chicago, IL 60640
1 Beds1 Baths0 sqft6 days
4980 Marine Drive·Chicago, IL 60640
1Bedrooms
1Bathrooms
0Sq Ft
1947Year Built
About This Home

Just painted and new luxury vinyl floors throughout gives this condo a bright fresh look. Plenty of closet space and a floor to ceiling external storage locker on the same floor (29-80). Great location across from lakefront bike path and steps from Montrose & Foster beach. Plenty of public transportation nearby (the 136, 146 and 148 buses stop right in front of the building). Restaurants, stores and historical music venues all within walking distance. Full amenity building that includes on-site management office & maintenance, 24 hr front desk staff, package receiving, laundry room, gym, game room, business center, community center, 2 rooftop decks with 360 views of lake and city, bike rooms, and more. Rental cap is 49%, currently at 39%. Building is FHA approved. Association has over $4m in reserves and no specials are scheduled. No Airbnb's allowed and must be a minimum 6 month lease. 2023 taxes 842.97 with homeowner ($699.50) and senior ($599.60) exemptions.

MLS# 12130848Listed August 15, 2024ResidentialSubdivision: Shoreline Park
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area0 sqft
Stories15
Garage Spaces0
Year Built1947
Lot SizeCOMMON

Location

CountyCook
TownshipLake View
SubdivisionShoreline Park
Zip Code60640

Financial

List Price$140,000
Annual Taxes (2023)$843
Monthly Tax Est.$70
Parcel #14084120401139
Interior Features

Heating

ElectricBaseboard

Cooling

Wall Unit(s)

Basement

None
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteLeasedAttachedGarage
HOA & Community
HOA Fee
$566
Monthly

HOA Includes

HeatWaterInsuranceDoormanExercise FacilitiesExterior MaintenanceLawn CareScavengerSnow RemovalInternet

Association Amenities

Bike Room/Bike TrailsDoor PersonCoin LaundryElevator(s)Exercise RoomStorageHealth ClubOn Site Manager/EngineerParty RoomSundeckReceiving RoomService Elevator(s)Business CenterCeiling Fan
Tax & Financial
Annual Taxes
$843
Tax Year 2023
Monthly Tax Est.
$70
per month
Property Location

4980 Marine Drive, Chicago, IL 60640 — Cook County

$140,000
4980 Marine Drive
1 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
0-car garage
COMMON
$843/yr taxes
$566 HOA (monthly)
$1,372
estimated monthly payment
Principal & Interest
$736/mo
Property Tax
$70/mo
HOA
$566/mo
$140,000
20% — $28,000
3%50%
6.875%
3%12%
Loan Amount
$112,000
Down Payment
$28,000

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

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

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