Active
4850 S Lake Park Avenue Unit: 1604
Chicago IL, 60615
$31,600
$39.50 per sqft
Active
1 Bed
1 Bath
800 sqft
Condos
Built in 1970
Courtesy of Real Broker, LLC
This co-op unit in Hyde Park offers an affordable entry point into a desirable neighborhood, though the space is a bit outdated in terms of finishes and overall style. The unit features a reasonable monthly carrying charge of 905, which covers a comprehensive list of utilities including gas, water, heat, air conditioning, cable, and common area amenities, making for a predictable and low-maintenance living situation. The light bill typically runs around 95 per month. The building offers the added benefit of 24/7 security, ensuring peace of mind for residents. There's also an on-site garage with parking available for as low as 75 per month, which is a rarity in Hyde Park and a great perk for those with a car. This is an owner-occupied building, so the unit is not available for investment purposes-making it ideal for buyers looking to live in the space themselves. The settlement required is relatively low at about 3,000, making it an affordable option for first-time buyers or those looking to downsize. In addition, the seller is willing to purchase a brand-new refrigerator for the buyer, which can be a nice perk to refresh the kitchen and save on appliance costs. The co-op does allow for renovations and changes to the unit, though any modifications must be approved by the building's board. This gives you the opportunity to make updates or personalize the space, with some flexibility on how the unit can evolve over time. Overall, this unit offers an affordable living opportunity in Hyde Park, with utilities included, the ability to make updates (with board approval), and added value in the form of a new refrigerator. The secure building, low settlement, and affordable parking make it a solid choice for those looking to own their home in a great location. Please note this is a cash-only deal.
12268889
MLSⓇ ID
January 11, 2025
Listed
January 16, 2025
Updated
Map
4850 S Lake Park Avenue Unit: 1604
Chicago IL, 60615
Interior Features
Total Stories
25
Bedrooms
1
Total Bathrooms
1
Full Bathrooms
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Steam
Exterior/Building Features
Sewer
Public Sewer
School Information
School District
299
Other Property Details
Area Name
CHI - Kenwood
Days on Market
7
Association Fee Frequency
Monthly
Garage
Yes
Garage Spaces
1
Parking Total
2
View
No
County
Cook
Municipality
Hyde Park
Water Source
Lake Michigan
Pool
No
Courtesy of Real Broker, LLC, Tiarra Washington,
Listing Contact: 773-680-9348
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Vergis H. Eiland III are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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Data last updated 6:53 AM UTC, 1/16/2025