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  5. 4850 S Lake Park Ave
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4850 S Lake Park Ave

4850 S Lake Park Ave Unit 1403, Chicago, IL, 60615

YEAR BUILT

1970

# STORIES

25

# TOTAL UNITS

90

UNIT SIZE RANGE

800-2,000 sqft

Description

The 4850 S Lake Park Ave building sits in the Hyde Park neighborhood of Chicago. This high-rise building has 25 stories and consists of 86 units. It was built in 1970, showing a mix of both modern amenities and classic design. Units here range in size from 800 to 2,000 square feet. The prices for these units fall between $27,000 and $74,800. This makes for an average price of about $43,154, which breaks down to roughly $36 per square foot. The average time units spent on the market is 110 days. Nearby, residents can find the University of Chicago and the Museum of Science and Industry, both key locations in the area. Local grocery needs are met by Harper Mini Food Inc and Brimahs Mini Mart. There is also access to public transport, making it easy for residents to get around. The building provides several amenities for its residents. An on-site management team helps maintain the property. There's a fitness center for those wanting to stay active. Garage parking is available for a fee, making it easier to park in the city. Security is a priority here with 24-hour doorman services. Residents also have access to a common laundry room and various recreational facilities. The stunning views of Lake Michigan and the city skyline add to the appeal of living in this building. This property offers a blend of comfort and convenience in a bustling neighborhood. Many local businesses and attractions make it a lively place to call home. It is perfect for anyone looking for a dynamic lifestyle in Chicago.

Building ImageMLS ID #12542690
Building ImageView Listing

4850 S Lake Park Ave

4850 S Lake Park Ave Unit 1403, Chicago, IL, 60615

YEAR BUILT

1970

# STORIES

25

# TOTAL UNITS

90

UNIT SIZE RANGE

800-2,000 sqft

Description

The 4850 S Lake Park Ave building sits in the Hyde Park neighborhood of Chicago. This high-rise building has 25 stories and consists of 86 units. It was built in 1970, showing a mix of both modern amenities and classic design. Units here range in size from 800 to 2,000 square feet. The prices for these units fall between $27,000 and $74,800. This makes for an average price of about $43,154, which breaks down to roughly $36 per square foot. The average time units spent on the market is 110 days. Nearby, residents can find the University of Chicago and the Museum of Science and Industry, both key locations in the area. Local grocery needs are met by Harper Mini Food Inc and Brimahs Mini Mart. There is also access to public transport, making it easy for residents to get around. The building provides several amenities for its residents. An on-site management team helps maintain the property. There's a fitness center for those wanting to stay active. Garage parking is available for a fee, making it easier to park in the city. Security is a priority here with 24-hour doorman services. Residents also have access to a common laundry room and various recreational facilities. The stunning views of Lake Michigan and the city skyline add to the appeal of living in this building. This property offers a blend of comfort and convenience in a bustling neighborhood. Many local businesses and attractions make it a lively place to call home. It is perfect for anyone looking for a dynamic lifestyle in Chicago.

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Description

The 4850 S Lake Park Ave building sits in the Hyde Park neighborhood of Chicago. This high-rise building has 25 stories and consists of 86 units. It was built in 1970, showing a mix of both modern amenities and classic design. Units here range in size from 800 to 2,000 square feet. The prices for these units fall between $27,000 and $74,800. This makes for an average price of about $43,154, which breaks down to roughly $36 per square foot. The average time units spent on the market is 110 days. Nearby, residents can find the University of Chicago and the Museum of Science and Industry, both key locations in the area. Local grocery needs are met by Harper Mini Food Inc and Brimahs Mini Mart. There is also access to public transport, making it easy for residents to get around. The building provides several amenities for its residents. An on-site management team helps maintain the property. There's a fitness center for those wanting to stay active. Garage parking is available for a fee, making it easier to park in the city. Security is a priority here with 24-hour doorman services. Residents also have access to a common laundry room and various recreational facilities. The stunning views of Lake Michigan and the city skyline add to the appeal of living in this building. This property offers a blend of comfort and convenience in a bustling neighborhood. Many local businesses and attractions make it a lively place to call home. It is perfect for anyone looking for a dynamic lifestyle in Chicago.

4850 S Lake Park Ave Market Stats Last 12 months

Avg. Listed Price$50,040($43/Sqft.)
Avg. Sale Price$45,900($39/Sqft.)
Year over year list priceUp Arrow32.56%
Year over year sale priceUp Arrow 23.22%
Total Listings15 Listed
Total sold17 Sold
Average Days on Market110 days
Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list priceUp Arrow32.56%
Year over year sale priceUp Arrow23.22%
Total Listings15 Listed
Total sold17 Sold
Average Days on Market110 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

4850 S Lake Park Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 20092009120021752025-12-30
MLS#: 12497130 		Closed$52,800
Unit 24062406127521472025-11-26
MLS#: 12493092 		Closed$74,800
Unit 12011201140032662021-05-27
MLS#: 11028363 		Closed$70,000
Unit 1201
1201

3 Beds

2 Baths

1400 sqft

DateStatusPrice
2021-05-27Closed$70,000
MLS#: 11028363
Days On Market66
Unit 2009
2009

2 Beds

1 Baths

1200 sqft

DateStatusPrice
2025-12-30Closed$52,800
MLS#: 12497130
Days On Market75
Unit 2406
2406

2 Beds

1 Baths

1275 sqft

DateStatusPrice
2025-11-26Closed$74,800
MLS#: 12493092
Days On Market47
View Complete Unit Listing HistorySource By: MRED

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.

Next

Amenities Description

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
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Door Person

Door Person

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Restaurant

Restaurant

Storage

Storage

Service Elevator(s)

Service Elevator(s)

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.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
4850 S Lake Park Ave$39/sqft.$2 /sqft.
4850 S Lake Park Avenue$35/sqft.$1 /sqft.
4800 S Lake Park Ave$37/sqft.$1 /sqft.
4800 S Lake Park Avenue$32/sqft.$1 /sqft.
The Newport Condominiums$182/sqft.$2 /sqft.
4800 S Chicago Beach Dr$177/sqft.$2 /sqft.

Nearby Schools

4850 S Lake Park Ave is situated close to local schools in Kenwood, Chicago. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

Shoesmith Elementary School

C+
Public|Grades KG–6
1330 E 50th St|0.24 miles away

Kenwood Academy High School

A-
Public|Grades 9–12
5015 S Blackstone ...|0.24 miles away

Univ of Chicago Charter-Nth Kenwood

D
Public|Grades PK–5
1119 E 46th St|0.49 miles away

Ariel Elementary Community Academy

D
Public|Grades PK–8
1119 E 46th St|0.49 miles away

City Elementary School

--
Private|Grades 1–8
1100 E Hyde Park B...|0.49 miles away

Little Black Pearl Arts Academy High School

--
Public|Grades 9–12
1060 E 47th St|0.51 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
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Description

4850 S Lake Park Ave is situated close to local schools in Kenwood, Chicago. Nearby educational institutions within 2 miles support daily convenience. Families enjoy improved accessibility and reduced commute stress. This location promotes a family-oriented environment.

Shoesmith Elementary School

C+
Public|Grades KG–6
1330 E 50th St|Less than 1 Mile Away

Kenwood Academy High School

A-
Public|Grades 9–12
5015 S Blackstone ...|Less than 1 Mile Away

Univ of Chicago Charter-Nth Kenwood

D
Public|Grades PK–5
1119 E 46th St|Less than 1 Mile Away

Ariel Elementary Community Academy

D
Public|Grades PK–8
1119 E 46th St|Less than 1 Mile Away

City Elementary School

--
Private|Grades 1–8
1100 E Hyde Park B...|Less than 1 Mile Away

Little Black Pearl Arts Academy High School

--
Public|Grades 9–12
1060 E 47th St|Less than 1 Mile Away

Akiba-Schechter Jewish Day School

--
Private|Grades PK–8
5235 S Cornell Ave|Less than 1 Mile Away

Murray Elementary Language Academy

C-
Public|Grades KG–8
5335 S Kenwood Ave|Less than 1 Mile Away

Church of God of Chicago

--
Private|Grades KG–7
4601 S Drexel Blvd|Less than 1 Mile Away

Reavis Math and Science Elementary School

D+
Public|Grades PK–8
834 E 50th St|Less than 1 Mile Away

King College Preparatory High School

A+
Public|Grades 9–12
4445 S Drexel Blvd|Less than 1 Mile Away

Robinson Elementary School

C+
Public|Grades PK–3
4225 S Lake Park A...|Less than 1 Mile Away

Kozminski Elementary School

D+
Public|Grades PK–8
936 E 54th St|Less than 1 Mile Away

Bronzeville Academy Charter School

D+
Public|Grades KG–8
4930 S Cottage Gro...|Less than 1 Mile Away

Futureworld Nfp

--
Private|Grades KG–9
1744 E 55th St|Less than 1 Mile Away

Harte Elementary School

C
Public|Grades PK–8
1556 E 56th St|Less than 1 Mile Away

Ray Elementary School

C
Public|Grades PK–8
5631 S Kimbark Ave|1.02 Miles Away

Woodson South Elementary School

D-
Public|Grades PK–8
4414 S Evans Ave|1.06 Miles Away

Walter Henri Dyett High School for the Arts

D+
Public|Grades 9–12
555 E 51st St|1.18 Miles Away

Dyett High School

--
Public|Grades 12–12
|1.22 Miles Away

Univ of Chicago Lab School

--
Private|Grades PK–12
1362 E 59th St|1.27 Miles Away

Fuller Elementary School

C
Public|Grades PK–8
4214 S Saint Lawre...|1.36 Miles Away

Cambridge Classical Academy

--
Private|Grades PK–8
4622 S King Dr|1.40 Miles Away

Mollison Elementary School

D
Public|Grades PK–8
4415 S Dr Martin L...|1.41 Miles Away

Burke Elementary School

D
Public|Grades PK–8
5356 S King Dr|1.49 Miles Away

Carnegie Elementary School

C
Public|Grades PK–8
1414 E 61st Pl|1.60 Miles Away

Univ of Chicago Charter-Donoghue

D-
Public|Grades PK–5
707 E 37th St|1.69 Miles Away

Christ the King Lutheran School

--
Private|Grades PK–8
3701 S Lake Park A...|1.70 Miles Away

Hyde Park Academy High School

D+
Public|Grades 9–12
6220 S Stony Islan...|1.71 Miles Away

Fiske Elementary School

D-
Public|Grades PK–8
6020 S Langley Ave|1.75 Miles Away

Williams Medical Preparatory High School

B-
Public|Grades 9–12
4934 S Wabash Ave|1.77 Miles Away

Bronzeville Scholastic High School

B+
Public|Grades 9–12
4934 S Wabash Ave|1.79 Miles Away

Beasley Elementary Magnet Academic Center

C
Public|Grades PK–8
5255 S State St|1.86 Miles Away

Univ of Chicago Charter-Woodlawn

D+
Public|Grades 6–12
6300 S University ...|1.86 Miles Away

Beethoven Elementary School

D-
Public|Grades PK–8
25 W 47th St|1.89 Miles Away

Hyde Park Day School Chicago Campus

--
Private|Grades 1–8
6254 S Ellis Ave|1.89 Miles Away

Sonia Shankman Orthogenic School

--
Private|Grades 5–12
6245 S Ingleside A...|1.89 Miles Away

Phillips Academy High School

F
Public|Grades 9–12
244 E Pershing Rd|1.94 Miles Away

Mount Carmel High School

--
Private|Grades 9–12
6410 S Dante Ave|1.95 Miles Away

Doolittle Elementary School

D
Public|Grades PK–8
535 E 35th St|1.99 Miles Away

Transit

Set in Kenwood, 4850 S Lake Park Ave provides residents with convenient access to public transit across Chicago. Multiple Bus, Metro, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1111 East 60th Street

1.52 miles away|30 min walk

1240 E 47th Street

0.3 miles away|6 min walk

35th Street & Cottage Grove

1.98 miles away|38 min walk

4016 S Michigan

1.96 miles away|38 min walk

40th Street & Ellis

1.24 miles away|24 min walk

42nd Place & Lake Park

0.9 miles away|18 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in Kenwood, 4850 S Lake Park Ave provides residents with convenient access to public transit across Chicago. Multiple Bus, Metro, Rail are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

1111 East 60th Street

1.52 miles away|30 min walk

1240 E 47th Street

0.3 miles away|6 min walk

35th Street & Cottage Grove

1.98 miles away|38 min walk

4016 S Michigan

1.96 miles away|38 min walk

40th Street & Ellis

1.24 miles away|24 min walk

42nd Place & Lake Park

0.9 miles away|18 min walk

43rd

1.61 miles away|31 min walk

43rd Green Line Station

1.61 miles away|31 min walk

43rd Street & Berkeley

0.86 miles away|17 min walk

43rd Street & Calumet (Green Line)

1.59 miles away|31 min walk

43rd Street & Cottage Grove

1.08 miles away|21 min walk

43rd Street & Drexel

0.97 miles away|19 min walk

43rd Street & Indiana

1.71 miles away|33 min walk

43rd Street & King Drive

1.49 miles away|29 min walk

43rd Street & Lake Park

0.82 miles away|16 min walk

43rd Street & Langley

1.18 miles away|23 min walk

43rd Street & Michigan

1.79 miles away|35 min walk

43rd Street & State

1.94 miles away|38 min walk

43rd Street & St. Lawrence

1.28 miles away|25 min walk

43rd Street & Vincennes

1.39 miles away|27 min walk

47th (Green)

1.47 miles away|29 min walk

47th-Green

1.47 miles away|29 min walk

47th St. (Kenwood)

0.2 miles away|4 min walk

47th Street & Calumet

1.44 miles away|28 min walk

47th Street & Cottage Grove

0.83 miles away|16 min walk

47th Street & Drexel

0.7 miles away|14 min walk

47th Street & Ellis

0.59 miles away|12 min walk

47th Street & Federal

1.94 miles away|38 min walk

47th Street & Greenwood

0.48 miles away|10 min walk

47th Street & Indiana

1.59 miles away|31 min walk

47th Street & King Drive

1.33 miles away|26 min walk

47th Street & Lake Park

0.22 miles away|5 min walk

47th Street & Langley

0.94 miles away|19 min walk

47th Street & Michigan

1.68 miles away|33 min walk

47th Street & Prairie

1.5 miles away|29 min walk

47th Street & State

1.85 miles away|36 min walk

47th Street & St. Lawrence

1.08 miles away|21 min walk

47th Street & Vincennes

1.19 miles away|23 min walk

47th Street & Woodlawn

0.37 miles away|8 min walk

4900 S State

1.82 miles away|35 min walk

5000 S Lake Park

0.19 miles away|4 min walk

5000 S State

1.83 miles away|36 min walk

51st

1.48 miles away|29 min walk

51st/53rd St. (Hyde Park)

0.51 miles away|10 min walk

51st Green Line Station

1.48 miles away|29 min walk

51st Street & Champlain

1.04 miles away|21 min walk

51st Street & Cottage Grove

0.88 miles away|17 min walk

51st Street & Drexel Square

0.78 miles away|15 min walk

51st Street & Evans

0.94 miles away|19 min walk

51st Street & Federal

1.95 miles away|38 min walk

The Neighbourhood: Kenwood

Kenwood, located in Cook County, IL, is a neighborhood rich in history and architectural beauty. Known for its stately mansions and tree-lined streets, the area offers a peaceful residential atmosphere. Cultural enthusiasts will appreciate its proximity to the Museum of Science and Industry and the Hyde Park Art Center. Families are drawn to the community for its reputable schools and diverse dining options. Convenient transportation links, including bus and train services, provide easy access to downtown Chicago and surrounding areas.

Next

Neighbourhood Description

Kenwood, located in Cook County, IL, is a neighborhood rich in history and architectural beauty. Known for its stately mansions and tree-lined streets, the area offers a peaceful residential atmosphere. Cultural enthusiasts will appreciate its proximity to the Museum of Science and Industry and the Hyde Park Art Center. Families are drawn to the community for its reputable schools and diverse dining options. Convenient transportation links, including bus and train services, provide easy access to downtown Chicago and surrounding areas.

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4850 S Lake Park Ave Demographics

Age Demographics

0–14 Years

13.01%

15–29 Years

30.31%

30–44 Years

20.06%

45–59 Years

16.55%

60+ Years

20.07%

Commute

23.98%

Transit

18.14%

Walk

33.19%

Drive

5.17%

Bike

Housing Ownership

33.48%

Owner Occupied

66.52%

Rental Units

Household Types

Single Family
18.09%
Multi Family
2.93%
Single Person
53.25%
Multi Person
46.75%

Average Income

Household:$5,916,465.59 /yr

Individual:$4,788,251.68 /yr

Education

Bachelors Degree25.44%
High School College10.2%
Diploma4.75%
Post Graduate42.28%
Others17.33%
Next

Education

Diploma4.75%
Post Graduate42.28%
Others17.33%
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    4850 S Lake Park Ave
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Huntley, Illinois 60142

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