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4850 S Lake Park Avenue # 709 Chicago, IL $ 40,000
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4850 S Lake Park Avenue # 709
$ 40,000
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4850 S Lake Park Avenue # 709

Chicago, IL, 60615
$ 40,000
Bedrooms2 Baths1.0 Sq 894

Monthly Estimate*

$ 253

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Condo for sale in Chicago, IL

for $40,000 with 2 bedrooms and 1 full bath. This 894 square foot condo was built in 1970.

A well-maintained residence offering excellent value and strong long-term potential. Located on the 7th floor, this unit provides bright natural light and pleasant open views. The building features a fully renovated marble lobby, 24hour reception, and onsite security, creating a secure and welcoming environment for residents and guests. The home includes 2 bedrooms, 1 bathroom, and a functional combined living/dining/kitchen layout that offers flexibility for updates or customization. Ideal for buyers seeking an affordable entry into the Hyde Park/Kenwood market or investors looking for a value-add opportunity. Close to the lakefront, parks, public transit, and neighborhood amenities. Cash only!

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Condo Active

Price

$ 40,000

Bedrooms

2

Full Bath

1

Property Type

Condo

Taxes

$ 274,914

Style

Condo

Year Built

1970

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12741378
Features
General
Living Area 894
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Closing
Association Fee Includes None
Construction Materials Brick
Year Built 1970
Township Hyde Park
Unit Number 709
Tax Year 2023
Ownership Co-op
Accessibility Door Width 32 Inches or More Low Pile Carpeting Lowered Light Switches No Interior Steps
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Total Rooms 4
Full Baths 1
Status New
Directions Lake shore drive to 47th street W to lake park then South to property
City Chicago
High School District 299
MLS Area CHI - Kenwood
Tax Annual Amount 274914
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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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
Water Source Lake Michigan
Total Parking 0
Lot Dimensions 293890
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

aji.ojo@cbrealty.com

Email

Affordability Calculator

$23,162
Per Month
1%
99%
0%
Monthly Principal & Interest
$253
Monthly Property Taxes
$22,910
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/9/2026$40,000 Listed Price

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4850 S Lake Park Avenue # 709, Chicago, IL, 60615 is a Condo for sale at $40,000 with 894 sqft. 4850 S Lake Park Avenue # 709 has 2 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 60615 which is in Chicago, IL

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