4850 S Lake Park Avenue, Unit 308B, Chicago, IL 60615

$39,900
  • 4850 S Lake Park Avenue, Unit 308B, Chicago, IL 60615 Main Photo

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New to the Market New
BEDS2 BATHS1 full MLS#12803217
STATUSNew PROPERTY TYPEResidential - Condominium SCHOOLDistrict 299

Property Description

With today's interest rates, a cash purchase can make more sense than taking on a 30-year mortgage. If you've saved a down pyment, those savings may be enough to buy this move-in-ready home at Harper Square Coperative, with no mortgage pyment and no interest. This beautifully updated 2-bedroom, 1-bath home has a remodeled bathroom, updated flooring, and custom closets throughout, designed to maximize storage. The north-facing unit offers comfortable living and dining areas and peaceful treetop views over the courtyard. Its third-floor location adds everyday convenience: elevator rides are short; groceries and packages are easy to bring in, and the leafy courtyard views make the home feel private. When you buy into a coperative, you purchase shares in the corpp that owns the building, and those shares come with a proprietary lease that gives you the right to live in your unit. One of the biggest advantages is that the $1,377 monthly assessment covers costs most homeowners submit separately. It includes real estate taxes, heat, air conditioning, gas, water, cable TV, interior and building maintenance, 24-hour door staff, the fitness center, and community spaces. Residents responsible only for electricity, internet, and optional rental parking. The location is hard to beat. You're steps from the University of Chicago, the Lakefront Trail, Whole Foods, Trader Joe's, Michelin-starred restaurants, parks, schools, the Museum of Science and Industry, CTA buses, and the Metra Electric Line. Downtown is about 15 minutes away by Metra or car, and Soldier Field and the Museum Campus are about 10 to 15 minutes by car via DuSable Lake Shore Drive. Whether you're commuting to work, catching a Bears game, or spending a day along the lake, Chicago is right at your doorstep. This is a cash purchase only. Co-op board approval is required, and rentals are not permitted. In addition to the purchase price, a $5,620 share deposit to Harper Square Coperative is due at purchase and returned to you when you sell.

4850 S Lake Park Avenue, Unit 308B | MLS# 12803217

This condo located at 4850 S Lake Park Avenue, Unit 308B, Chicago, IL 60615 is currently listed for sale with an asking price of $39,900. This property was built in 1970 and has 2 bedrooms and 1 full baths. S Lake Park Avenue, Unit 308B is located within the District 299 school district. Search Chicago real estate on jbunders.gogambino.com today.

Property Features

Property Type: Residential - Condominium
Basement: None
Cooling: Central Air
Garage: 1
Heating: Electric
Lot Size: COMMON
Stories: 25.0
Year Built: 1970

Feature Descriptions

Additional rooms: No additional rooms
Association Amenities: Door Person, Coin Laundry, Elevator in Residence, Exercise Room, On Site Manager/Engineer, Park, Party Room, Receiving Room, Security Door Lock(s)
Association Includes: Heat, Air Conditioning, Water, Taxes, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Exterior: Brick, Concrete
HOA Fee: 1377/ Monthly
Laundry: Common Area
Lot Dimensions: COMMON
Parcel#: 20112060580000
Parking: Yes, Leased, Detached, Garage
Pet Allowed: Cats OK, Dogs OK
Sewer: Public Sewer
Total Rooms: 5
Township: Hyde Park
Water: Lake Michigan

Room Sizes

Bedroom 2: 14X11
Dining Room: 11X10
Kitchen: 10X10
Living Room: 25X12
Primary Bedroom: 17X11

Local Schools

High School: Kenwood Academy High School
Middle School: Ray Elementary School
Elementary School: Shoesmith Elementary School
School District: District 299

Listed By / Shown By

Listed By

Agency Name: North Clybourn Group, Inc.
Agency Phone: 773-252-0600

Shown By

Agent Name: Jerry Bunders
Agent Phone: Cell: (815) 914-0228
Agency Title: Gambino Realtors

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Estimated Payment

$ 192.88 per month $181.24 Principal & Interest $0.00 Property Tax (data not provided by mls) $11.64 Homeowner's Insurance

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