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Listing provided courtesy of Real Broker, LLCMREDas Distributed by MLSGrid- MLS# 12603738MLS Provider

4850 S Lake Park Avenue #1507BChicago, IL 60615

Condo/Townhouse · 2 Beds · 1 Full Bath · 1,400 Sq. ft.
$40,000 Active

4850 S Lake Park Avenue #1507B Overview

Time on Site:
54 days
Visits:
0

Seller is highly motivated and seeking a serious buyer ready to move in soon for this well-maintained 15th-floor, 2-bedroom, 1-bathroom unit offering comfort, convenience, and elevated city living near downtown Chicago. Located in the heart of Hyde Park, this home features brand-new appliances, including a gas stove covered in the monthly fee, along with the added benefit of higher-floor privacy and views. Property Details *Monthly Carrying Charges: $1,340 *Shares / Refundable Deposit: $5,460 *Garage Parking: Starting at $75/month Monthly Fee Includes *Heat, water, and cable (HBO, Showtime, and STARZ included) *Gas and appliance coverage (including stove) *All unit maintenance *Common area amenities Additional Highlights *24/7 building and garage security *Only electricity is excluded from the monthly fee *Owner-occupancy required for at least one year before resale All renovations or changes require board approval This 15th-floor unit offers a rare combination of affordability, security, and modern updates, making it an ideal opportunity for a buyer ready to act quickly and move right in in one of Chicago's most desirable neighborhoods. CASH DEAL ONLY

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4850 S Lake Park Avenue #1507B Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 1,400
  • Price/Sq.ft. $29

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1971

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Kenwood
  • Township: Hyde Park

Rent/Lease Information

  • Lease Amount: 75

Tax Information

  • Tax Year: 2025

General Information

  • Ownership: Co-op
  • Parcel Number: 20112160630000
  • Pets Allowed: Size Limit
  • Property Type: Residential
  • Rebuilt Year: 2023
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: Yes
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

General Information

  • Accessibility Features: Hall Width 36 Inches or More,Main Level Entry,Wheelchair Accessible
  • Basement: None
  • Cooling: Central Air
  • Heating: Steam
  • Living Area: 1400
  • Living Area Source: Estimated
  • Rooms Total: 5
  • Stories Total: 25

Unit Information

  • Unit Number: 1507B

Exterior

Parking Information

  • Parking Features: Yes, Leased, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: COMMON
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Room Information

Room: Bedroom 2

  • Level: Main
  • Dimensions: 11X12

Room: Dining Room

  • Level: Main
  • Dimensions: 12X9

Room: Kitchen

  • Level: Main
  • Dimensions: 12X14

Room: Living Room

  • Level: Main
  • Dimensions: 18X14

Room: Master Bedroom

  • Level: Main
  • Dimensions: 14X16

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

4850 S Lake Park Avenue #1507B Neighborhood

Community

60615 (CHICAGO) Demographics

35
Median Age
14,432
Population Density (per sq. mile)
68%
College Educated
$44,658
Estimated Median Income
6,504
Estimated Total Home Owners
15,109
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4850 S Lake Park Avenue #1507B Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4850 S Lake Park Avenue #1507B Market Data

Based on the last 30 days in this zip code

$411,555
Average List Price
$248
Average Price per Square Foot
30
Properties Sold
82
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network

4850 S Lake Park Avenue #1507B History

Date Event Value Agent
6/25/2026Source: MRED Status Change
Active
6/19/2026Source: MRED Status Change
Re-activated
5/29/2026Source: MRED Status Change
Pending
5/8/2026Source: MRED Status Change
Active
5/6/2026Source: MRED Added to Database
May 06, 2026