Park Lane Condominiums

4309 W Park Lane Drive, Alsip, IL, 60803

Units for Sale

Front view of a multi-story brick building with balconies.

View Listing

MLS ID #12319439

View Listing MLS ID #12319439

Front view of a brick apartment building with multiple balconies.

View Listing MLS ID #12212821

View from a balcony overlooking a grassy area and tennis courts.

View Listing MLS ID #12319439

Year Built

1971

# Stories

# Total Units

Unit Size Range

1,350-1,450 sqft

Unit Demand

High

Unit Availability

Medium

Building Description

Park Lane Condominiums, located at 4309 Park Lane Drive, Alsip, IL, is a well-established residential building comprising three stories. Constructed in 1971, this building features a variety of spacious units that blend functionality with comfort. Each unit is thoughtfully designed to maximize living space, offering residents a cozy and inviting environment. The building does not reside on a waterfront, providing a tranquil suburban setting that encourages a peaceful lifestyle. Park Lane Condominiums is equipped with essential amenities, including on-site laundry facilities and ample resident parking spaces. The architecture of the building reflects the classic style of its time, with sturdy construction materials that ensure long-lasting durability. The brick façade adds to the building's timeless appeal, while large windows allow for plenty of natural sunlight to brighten each unit. The surroundings are characterized by a welcoming neighborhood atmosphere, offering convenient access to nearby parks and recreational areas. Residents can enjoy the benefits of a suburban lifestyle with easy connectivity to essential services and commercial centers. Park Lane Condominiums provides a practical choice for those seeking a comfortable home within a well-established, quiet community.

View Listing

MLS ID #12319439

View Listing MLS ID #12319439

View Listing MLS ID #12212821

View Listing MLS ID #12319439

Amenities

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

Pets Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

Park Lane Condominiums Market Report (last 12 months)

Avg. List Price

$140,967 ($125/Sqft.)

Year-Over-Year List Price

12.86%

Total Listings

Avg. Days On Market

Avg. Sale Price

$150,000 ($125/Sqft.)

Year-Over-Year Sale Price

11.11%

Total Sold

Avg. HOA Fees/Sqft

$4 /monthly

Get the HelloCondo Newsletter

Real-estate tips, insights, and market reports in your inbox.

About Park Lane Condominiums

Condo Living at Park Lane Condominiums, located at 4309 W PARK LANE DRIVE, ALSIP, IL:

Are you dreaming of urban living but want a cozy starter home? Look no further than Park Lane Condominiums! Nestled at the heart of Alsip, Illinois, this charming condominium building, constructed in 1971, seamlessly combines comfort and accessibility. With its three stories and welcoming community vibe, it's a wonderful option for first-time buyers wanting a piece of suburban serenity without sacrificing convenience.

Building Features and Unit Availability:

The allure of Park Lane doesn't just end with the inviting architecture; it features a total of 23 units, offering a variety of sizes ranging from 1,350 to 1,450 square feet. With medium availability and high demand, these units are perfect for both singles and small families looking to establish their first home base. If you've been scoping out the market, units here have an average closing price of $150,000 with a price per square foot of about $150. The recent market trends show a slight year-over-year price change of 0.25%, making this an opportune moment to invest!

Amenities You'll Love:

What truly brings a community to life are the amenities, and Park Lane delivers just that! Picture summer afternoons spent on the tennis court or hosting lively get-togethers in the party room. Need to catch up on laundry? Not a problem with the on-site facilities. Plus, an intercom system ensures you feel secure at home. Want to take a stroll? The nearby park offers a great escape into nature, perfect for weekend picnics or morning runs.

Condo Markets