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4880 North Marine Drive Condominiums

4880 N Marine Drive, Chicago, IL, 60640

0 Units for Sale

Front view of a multi-story brick building with several windows.

View Listing

MLS ID #12214788

View Listing MLS ID #12214788

Front view of a building entrance with a canopy and large windows.

View Listing MLS ID #12214788

Year Built

1950

# Stories

# Total Units

117

Unit Size Range

850-950 sqft

Unit Demand

Low

Unit Availability

Low

About 4880 North Marine Drive Condominiums

4880 North Marine Drive Condominiums stands as an 8-story residential building completed in 1950, characterized by its classic mid-century architectural design. Located at 4880 N Marine Drive, Chicago, IL, this building offers a selection of well-appointed units that range in size to fit diverse living needs. The structure features robust construction with enduring materials typical of its era, ensuring both durability and timeless appeal. Residents benefit from convenient on-site amenities such as a fitness center and a community lounge, perfect for casual gatherings. While the building itself is not on the waterfront, it enjoys proximity to the lakefront, providing easy access to jogging and biking paths as well as scenic views. The neighborhood surrounding 4880 North Marine Drive Condominiums is known for its blend of historical charm and modern conveniences, featuring a rich assortment of dining options, shopping destinations, and cultural activities. Public transportation is readily accessible, offering seamless connectivity to various parts of Chicago. This combination of historical significance, practical amenities, and a location that's both tranquil and connected makes 4880 North Marine Drive a notable choice for those seeking comfortable urban living.

View Listing

MLS ID #12214788

View Listing MLS ID #12214788

Amenities

This condo building is packed with features that today’s buyers adore. Picture yourself unwinding on the lovely sundeck or getting a good workout in the exercise room—perfect for those active days! There’s also a bike room and trails nearby for the cycling enthusiasts. And let’s not forget convenience, with service elevators and laundry facilities situated right within the building, making everyday living just a bit easier.

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

Living at 4880 North Marine Drive comes with some straightforward building policies. While there is a limit on the number of pets, if you’re a cat lover or have a dog under certain size limits, you’re welcome to bring them along. Keep in mind that an additional pet rent may be required, making it crucial to clarify these details before moving in.

Pets Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

4880 North Marine Drive Condominiums Market Report (last 12 months)

Avg. List Price

$127,560 ($223/Sqft.)

Year-Over-Year List Price

4.02%

Total Listings

Avg. Days On Market

Avg. Sale Price

$122,300 ($220/Sqft.)

Year-Over-Year Sale Price

7.29%

Total Sold

Avg. HOA Fees/Sqft

$2 /monthly

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Living in 4880 North Marine Drive Condominiums

Condo Living at 4880 North Marine Drive Condominiums, located at 4880 N MARINE DRIVE,CHICAGO,IL:

Welcome to 4880 North Marine Drive Condominiums, a charming building that seamlessly combines comfort and convenience in one of Chicago's desirable neighborhoods. Built back in 1950, this eight-story gem offers a sense of history along with modern amenities. It’s a fantastic choice for first-time buyers looking for an affordable entry point into the dynamic Chicago real estate market. With a total of 117 units, you're sure to find something that feels just right for you.

Building Features and Unit Availability:

Units at 4880 North Marine Drive range from 850 to 950 square feet, providing ample space for young professionals or creative individuals. Currently, the availability of units is low, indicating a demand that keeps residents feeling settled and secure. The average closed price here is approximately $119,397, translating to about $216 per square foot. This makes it one of the more approachable options for those eager to buy their first home while navigating the sometimes daunting Chicago market.

Life at 4880 North Marine Drive Condominiums:

Imagine sipping your morning coffee while enjoying views of the city. Life at 4880 North Marine Drive blends the hustle of Chicago living with a friendly community atmosphere. You’ll get to know your neighbors while enjoying an environment that feels both safe and homey. With plenty of conversations happening in the hallways and community events to engage with, it’s easy to feel plugged into the condo lifestyle.

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