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$140,000   Price Analysis
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4950 N Marine Dr Apt 508
Chicago, IL 60640
1 bed 1 bath 700 SqFt ($200/SqFt)
Built 1947
Listed 2024-05-03, HOA $572
Ⓧ USDA Ineligible
due to location

near Chicago

Large

* No Longer For Sale *
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South-facing one-bedroom available in full amenity building. Freshly painted, updated kitchen with a new stove. Price includes an external storage unit on the same floor, 42-50. Great location across from lakfront bike path and steps from Montrose and Foster beach. Plenty of public transportation nearby (the 136, 146 and 148 buses stop right in front of the bui lding). Restaurants, stores and historical music venues all within walking distance.

Full amenity building that includes on-site management office and maintenance, 24 hr front desk staff, package receiving, laundry room, gym, game room, business center, community center, 2 rooftop decks with 360 views of lake and city, bike rooms and more. Unit can be rented out as long as owner occupancy is 51%, currently at 54%. Building is FHA approved. Association has over $4m in reserves and no specials are scheduled. No Airbnb's allowed and must be a minimum 6 month lease.


Presented by Susan Strange at
Coldwell Banker Realty.


Property MLS #12043563 from MRED

Bedrooms: 1
Bedrooms Possible: 1
Primary Bedroom Dimensions: 14 x 11
Primary Bedroom Level: Main

Total Rooms: 4
Living Room Dimensions: 17 x 16
Living Room Level: Main
Exercise Room: Yes

Total Bathrooms: 1
Full Bathrooms: 1

Cooling Features: Window/Wall Unit - 1
Heating Features: Electric, Baseboard

Dining Area Level: Main
Kitchen Dimensions: 12 x 7
Kitchen Level: Main

Garage Description: Attached

Association: Yes
Association Fee: 572
Association Fee Frequency: Monthly
Association Fee Includes: Heat, Water, Insurance, Doorman, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
Calculated Total Monthly Association Fees: 572
Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK, Number Limit
Cats Allowed: Yes
Dogs Allowed: Yes

High School District: 299

Mccutcheon Elementary School is a public elementary and middle school located approximately 0.2 miles away.
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Senn High School is a public high school located approximately 1.4 miles away.
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St Thomas Of Canterbury is a private elementary and middle school located approximately 0.3 miles away.
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Doorman: Yes

Annual Tax Amount: 1346.00
Source Listing Status: Closed
County: Cook
Directions: North of Lawrence, South of Foster on Marine
Tax Year: 2022
Ownership: Condo
Source Property Type: Residential
Property Subtype: condo
Parcel Number: 14084120401149
Township: Lake View
Management Company: Sudler
Property Subtype: Attached Single
Source System Name: C2C

Sold 2024-05-22
$145,000
MRED
Listed 2024-05-03
$140,000
MRED

Total Square Feet Living: 700
Year Built: 1947
Property Age: 77
Levels or Stories: 15
Structure Type: Condo

Sewer: Public Sewer
Water Source: Lake Michigan

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.