Closed

$129,000

5048 Marine Drive, Chicago, IL 60640
2 Beds2 Baths0 sqft58 days
5048 Marine Drive·Chicago, IL 60640
2Bedrooms
2Bathrooms
0Sq Ft
1939Year Built
About This Home

Lakefront living in this beautiful and historic 1930s Art Deco/Moderne building on the park. Opportunity knocks with this, spacious & freshly painted, fifth floor (rarely available) unit. This is a TRUE 2 BR/ 2 BA unit! Large floor plan and living room with east exposure overlooking the park/lakefront. Full/separate dining room with galley kitchen attached and beautiful views of the one-of-a-kind courtyard with Art Deco 20 ft fountain! Original parquet floors throughout the living room, dining room and second BR. Brand new laminate wood floors in the primary bedroom! Some original finishes throughout the unit including ceramic tile bathrooms and fixtures. Ample storage in the unit and also an additional storage closet on the same level as the unit! Building features a fitness center, 24 hour security and a mailroom. Shared laundry facilities are located on the first floor. Building is well maintained with an estimated $450,472.00 in reserves (as of 11/2022) and in the last 5 years updates/work include: passenger elevators, facade work & exterior tuckpointing/sealing and boiler repairs. Near Margate Park and Foster beach, grocery stores, restaurants, buses, redline and Lake Shore Drive! Please note that this is an Estate sale and sold AS-IS.

MLS# 11699047Listed January 11, 2023Residential
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories9
Year Built1939
Lot SizeCOMMON

Location

CountyCook
TownshipLake
Zip Code60640

Financial

List Price$129,000
Annual Taxes (2021)$2,708
Monthly Tax Est.$226
Parcel #14084070221086
Interior Features

Flooring

Laminate

Heating

Steam

Cooling

Wall Unit(s)

Basement

None

Laundry

Common Area
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
HOA & Community
HOA Fee
$1,284
Monthly

HOA Includes

HeatAir ConditioningWaterElectricityGasTV/CableExercise FacilitiesExterior MaintenanceSnow RemovalInternet

Association Amenities

Bike Room/Bike TrailsCoin LaundryElevator(s)Exercise RoomStorageOn Site Manager/EngineerParty Room
Tax & Financial
Annual Taxes
$2,708
Tax Year 2021
Monthly Tax Est.
$226
per month
Property Location

5048 Marine Drive, Chicago, IL 60640 — Cook County

$129,000
5048 Marine Drive
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
58 days on market
COMMON
$2,708/yr taxes
$1,284 HOA (monthly)
$2,188
estimated monthly payment
Principal & Interest
$678/mo
Property Tax
$226/mo
HOA
$1,284/mo
$129,000
20% — $25,800
3%50%
6.875%
3%12%
Loan Amount
$103,200
Down Payment
$25,800

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

Listed by
Baird & Warner
Agent: Sarah England-Ortega
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