4850 S Lake Park Avenue # 1707 Chicago, IL $ 55,000
4850 S Lake Park Avenue # 1707
$ 55,000
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4850 S Lake Park Avenue # 1707

Chicago, IL, 60615
$ 55,000
Bedrooms2 Baths1.0 Sq 1,200

Monthly Estimate*

$ 343

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Condo for sale in Chicago, IL

for $55,000 with 2 bedrooms and 1 full bath. This 1,200 square foot condo was built in 1970.

Motivated Seller!!! This property is located at the intersection of comfort and convenience. It's nestled in an ideal location surrounded by an abundance of amenities and effortless access to Dusable drive and public transportation. Enjoy all the amenities that the Hyde Park neighborhood has to offer, from fine dining, retail, fitness centers, and more. It's all within your grasp and just a stone's throw away from you. 4850 S Lake Park is within walking distance to Lake Michigan, and retail centers on 47th street. Living here also put's you in close proximity to the University of Chicago, Obama Center, Museum of Science and Industry, and the Dusable Museum. The building itself is surrounded by an expansive courtyard, and upon entering the building you'll notice the beautifully designed lobby with a 24hr. secured entrance. Among the amenities that are offered to residents is a convenience store, on-site laundry, and fitness room. 1707 is a newly renovated unit with breath taking views and tons of natural light that illuminate the unit. Included in the renovations you'll find new laminate flooring, a newly redone kitchen with new cabinets, countertops and appliances. The appliances pictured are from another unit, and the appliances for this unit hadn't been installed yet. This unit is a spacious blank canvas waiting for your personal touch. Assessments include water, heat, cable, and access to the laundry and fitness rooms. No taxes. In addition to purchase price, buyer must purchase stock share cost $5540.The seller is more than willing to contribute to that cost. This is a cash only sale with a motivated seller.

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Condo Pending

Price

$ 55,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 0

Style

High Rise (7+ Stories)

Year Built

1970

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12425048

Features
General
Living Area 1200
Sewer Public Sewer
Heating Steam
Cooling Central Air
Possession Closing
HOA Fee 1247
Garage Spaces 1
Association Fee Includes Heat Water TV/Cable
Construction Materials Brick
Pets Allowed Size Limit
Year Built 1970
Township Hyde Park
Unit Number 1707
Tax Year 2023
Ownership Co-op
Accessibility Hall Width 36 Inches or More Main Level Entry Wheelchair Accessible
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Coin Laundry Elevator(s) Exercise Room
Total Rooms 5
Full Baths 1
Status Pending
Directions Exit 47th on Lake Shore Drive. Turn South on Lake Park Ave.
City Chicago
High School District 299
MLS Area CHI - Kenwood
Tax Annual Amount 0
Standard Status Pending
Middle/Junior School District 299
Elementary School District 299
Sub Type High Rise (7+ Stories)
Leasehold Rent $/Mo 85
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Interior
Basement None
Total Stories 25
Half Baths 0
Total Bedrooms 2
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 2
Total Number of Units 591
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Exterior
Parking Features On Site Leased Detached Off Site Garage
Water Source Lake Michigan
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded Features
List By
Northpoint Realty & Asset Mgmt

Broker

betterbondsandbridges@gmail.com; imadina07@hotmail.com

Email

Affordability Calculator

$343
Per Month
100%
0%
0%
Monthly Principal & Interest
$343
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2025$55,000 Listed Price

Map


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4850 S Lake Park Avenue # 1707, Chicago, IL, 60615 is a Condo for sale at $55,000 with 1,200 sqft. 4850 S Lake Park Avenue # 1707 has 2 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 60615 which is in Chicago, IL