4850 S Lake Park Avenue #1604, Chicago, IL 60615 | MLS 12268889 | Listing Information | J.W. Reedy Realty
FOR SALE
$31,100

4850 S Lake Park Avenue #1604
Chicago, IL 60615

Condo, Townhouse
Residential
1
bed
1
Baths
800
Sq. Ft.
N/A
Acre Lot
Courtesy: Real Broker, LLC
J.W. Reedy Realty> Illinois> Chicago> 60615
This co-op unit in Hyde Park offers an affordable entry point into a desirable neighborhood, though the space is a bit outdated in terms of finishes and overall style.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
Residential - Condo, Townhouse, Other
1
1 Full
1970
Cook
25
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Real Broker, LLC
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This content last refreshed on 2/10/2025 11:59 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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