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4850 S Lake Park Ave

4850 S Lake Park Ave, Chicago, IL, 60615

0 Units for Sale

View Listing

MLS ID #12462221

View Listing MLS ID #12462221

View Listing MLS ID #12429795

Year Built

1970

# Stories

# Total Units

Unit Size Range

800-2,000 sqft

Unit Demand

Low

Unit Availability

Low

About 4850 S Lake Park Ave

4850 S Lake Park Ave is a 25-story condominium building established in 1970. Designed to offer a range of living options, it features 1, 2, and 3-bedroom units. This residential high-rise provides a variety of amenities to enhance urban living, including an exercise room, a health club, and a convenient on-site laundry facility. Residents can enjoy the comfort of a dedicated party room and have access to a receiving room for deliveries. The building accommodates modern needs with multiple elevators, including service elevators, and incorporates the convenience of an intercom system. Additional on-site features include a restaurant, valet/cleaner service, and commissary options. For outdoor enthusiasts, a bike room and nearby bike trails are available. 4850 S Lake Park Ave is strategically positioned for urban convenience and lifestyle, offering a waterfront location. Although specific neighborhood details are not provided, the building's environment supports a vibrant community experience with various on-site and nearby amenities. Unit prices range from $70,000 to $55,000, making it a competitive choice for urban living. The synergy of its offerings makes it a suitable residence for those seeking modern amenities within an established residential community.

View Listing

MLS ID #12462221

View Listing MLS ID #12462221

View Listing MLS ID #12429795

Amenities

Prepare to revel in a host of amenities designed to enhance your living experience. The building features an exercise room to help you stay active, an intercom system for added security, and even a restaurant for those nights when you want to skip cooking. If you're a fitness enthusiast, the health club and bike room—as well as nearby bike trails—will make staying fit convenient and enjoyable. The on-site party room offers a fantastic space to host friends and family, while the park nearby is great for leisurely strolls or picnics. Plus, we can't forget the valet and cleaning services, which add a layer of ease to everyday life.

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

For pet owners, rejoice! The building is pet-friendly, allowing cats and dogs, making it a great home for you and your furry friends. Just keep in mind that there are some policies in place regarding number limits and deposits, so be sure to read through those details before making your move.

Pets Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

4850 S Lake Park Ave Market Report (last 12 months)

Avg. List Price

$45,529 ($37/Sqft.)

Year-Over-Year List Price

20.61%

Total Listings

Avg. Days On Market

Avg. Sale Price

$41,500 ($36/Sqft.)

Year-Over-Year Sale Price

25.76%

Total Sold

Avg. HOA Fees/Sqft

$1 /monthly

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Living in 4850 S Lake Park Ave

Condo Living at 4850 S Lake Park Ave, located at 4850 S LAKE PARK AVE,CHICAGO,IL:

If you're a first-time homebuyer, let me introduce you to 4850 S Lake Park Ave, a welcoming condo building that offers a blend of urban charm and cozy community vibes right in the heart of Chicago. Built in 1970, this 25-story gem promises a comfortable living experience, perfect for those looking to soak in all that the Windy City has to offer. The building boasts 81 total units, ensuring an intimate yet vibrant community atmosphere.

Building Features and Unit Availability:

At 4850 S Lake Park Ave, you'll find a variety of unit sizes ranging from 800 to 2000 square feet. While availability is currently low, the demand here is also low, making it an ideal spot for first-time buyers who are still figuring out their ideal living space. With an average price of $39,950 and a price per square foot of just $38, this building presents an attractive option for newcomers to the real estate market. The units have sold slowly, with an average days on the market at 99, which gives you some breathing room to make a decision without feeling rushed.

Life at 4850 S Lake Park Ave:

Living at 4850 S Lake Park Ave means more than just having four walls around you. You'll find yourself in a thriving community filled with individuals and couples, all at different stages of life. The neighborhood is designed to be welcoming, making it easy to meet new friends. Whether you prefer a quiet evening in or a fun night out with friends, this condo building gives you easy access to both downtown excitement and serene parks.

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