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  5. 5040 - 5060 North Marine Drive Condominiums
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5040 - 5060 North Marine Drive Condominiums

5040 N Marine Drive, Chicago, IL, 60640
5040 - 5060 North Marine Drive Condominiums

YEAR BUILT

1939

# STORIES

8

# TOTAL UNITS

28

UNIT SIZE RANGE

850-950 sqft

Description

The 5040 - 5060 North Marine Drive Condominiums sit proudly at the corner of North Marine Drive in Chicago. This high-rise building stands 8 stories tall and contains 28 units. Built in 1939, it has a vintage charm while offering modern living. Units here typically range between 850 and 950 square feet. Prices for these homes fall between $127,000 and $140,000. The average selling price for the last year remained around $127,000, which divides to about $159 per square foot. Properties in this building generally stay on the market for around 55 days. The building provides a variety of amenities to ensure a comfortable lifestyle. Residents can enjoy access to laundry facilities, a health club, and a party room. There are also bike trails and exercise areas for outdoor enthusiasts. An elevator makes moving between floors easy. Nearby, there are plenty of options for dining and shopping. Selam Market supplies essential groceries. For dining, both Pizza Tonite and Hoang Cafe are popular spots. Living in this area fosters a sense of community while providing useful local businesses. This location also offers easy access to major roads for straightforward travel around the city. Just a short drive from the edge of Lake Michigan, outdoor activities are readily available. This makes living here appealing for those who enjoy nature and recreational options.

Building ImageMLS ID #12281154
Building ImageMLS ID #12281154
Building Image
Building ImageView Listing

5040 - 5060 North Marine Drive Condominiums

5040 N Marine Drive, Chicago, IL, 60640


5040 - 5060 North Marine Drive Condominiums

YEAR BUILT

1939

# STORIES

8

# TOTAL UNITS

28

UNIT SIZE RANGE

850-950 sqft

Description

The 5040 - 5060 North Marine Drive Condominiums sit proudly at the corner of North Marine Drive in Chicago. This high-rise building stands 8 stories tall and contains 28 units. Built in 1939, it has a vintage charm while offering modern living. Units here typically range between 850 and 950 square feet. Prices for these homes fall between $127,000 and $140,000. The average selling price for the last year remained around $127,000, which divides to about $159 per square foot. Properties in this building generally stay on the market for around 55 days. The building provides a variety of amenities to ensure a comfortable lifestyle. Residents can enjoy access to laundry facilities, a health club, and a party room. There are also bike trails and exercise areas for outdoor enthusiasts. An elevator makes moving between floors easy. Nearby, there are plenty of options for dining and shopping. Selam Market supplies essential groceries. For dining, both Pizza Tonite and Hoang Cafe are popular spots. Living in this area fosters a sense of community while providing useful local businesses. This location also offers easy access to major roads for straightforward travel around the city. Just a short drive from the edge of Lake Michigan, outdoor activities are readily available. This makes living here appealing for those who enjoy nature and recreational options.

Next

Description

The 5040 - 5060 North Marine Drive Condominiums sit proudly at the corner of North Marine Drive in Chicago. This high-rise building stands 8 stories tall and contains 28 units. Built in 1939, it has a vintage charm while offering modern living. Units here typically range between 850 and 950 square feet. Prices for these homes fall between $127,000 and $140,000. The average selling price for the last year remained around $127,000, which divides to about $159 per square foot. Properties in this building generally stay on the market for around 55 days. The building provides a variety of amenities to ensure a comfortable lifestyle. Residents can enjoy access to laundry facilities, a health club, and a party room. There are also bike trails and exercise areas for outdoor enthusiasts. An elevator makes moving between floors easy. Nearby, there are plenty of options for dining and shopping. Selam Market supplies essential groceries. For dining, both Pizza Tonite and Hoang Cafe are popular spots. Living in this area fosters a sense of community while providing useful local businesses. This location also offers easy access to major roads for straightforward travel around the city. Just a short drive from the edge of Lake Michigan, outdoor activities are readily available. This makes living here appealing for those who enjoy nature and recreational options.

5040 - 5060 North Marine Drive Condominiums Market Stats Last 12 months

Avg. Listed Price$129,900($163/Sqft.)

Avg. Sale Price$127,000($159/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market55 days

Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market55 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
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

5040 - 5060 North Marine Drive Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit C4C4850111902016-08-15
MLS#: 09133334
Closed$136,000
Unit 2D2D80011772009-08-12
MLS#: 07226974
Closed$135,000
Unit 6D6D80011902008-01-03
MLS#: 06694411
Closed$140,000
Unit 2D
2D

1 Beds

1 Baths

800 sqft


DateStatusPrice
2009-08-12Closed$135,000
MLS#: 07226974
Days On Market77
Unit 6D
6D

1 Beds

1 Baths

800 sqft


DateStatusPrice
2008-01-03Closed$140,000
MLS#: 06694411
Days On Market90
Unit C4
C4

1 Beds

1 Baths

850 sqft


DateStatusPrice
2016-08-15Closed$136,000
MLS#: 09133334
Days On Market190
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the many perks of life at 5040 - 5060 North Marine Drive is the extensive range of amenities. Picture yourself staying fit in the exercise room or taking a leisurely stroll through nearby parks on weekends. It's also convenient to have a laundry room, bike room, and a party room for those social gatherings with friends. The health club can help you maintain that fitness routine, while the service elevators make moving in and out a breeze!

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Amenities Description

One of the many perks of life at 5040 - 5060 North Marine Drive is the extensive range of amenities. Picture yourself staying fit in the exercise room or taking a leisurely stroll through nearby parks on weekends. It's also convenient to have a laundry room, bike room, and a party room for those social gatherings with friends. The health club can help you maintain that fitness routine, while the service elevators make moving in and out a breeze!

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
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Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Door Person

Door Person

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

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Policies

Your furry friends are welcome here! The building has a pet policy that accommodates cats and dogs, making it ideal for animal lovers. Just be sure to adhere to size limits and a deposit requirement. These policies ensure a respectful and friendly community atmosphere for all residents.

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)
5040 - 5060 North Marine Drive Condominiums$159/sqft.$2 /sqft.
5040 N Marine Dr$159/sqft.$2 /sqft.
5044 N Marine Dr$136/sqft.$2 /sqft.
5040 - 5060 North Marine Drive Condominiums$120/sqft.$2 /sqft.
5048 N Marine Dr$197/sqft.$1 /sqft.
5040 - 5060 North Marine Drive Condominiums$197/sqft.$1 /sqft.

Nearby Schools

5040 - 5060 North Marine Drive Condominiums is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

McCutcheon Elementary School

D
Public|Grades PK–8
4865 N Sheridan Rd|0.26 miles away

Goudy Elementary School

B
Public|Grades KG–8
5120 N Winthrop Av...|0.32 miles away

Uplift Community High School

F
Public|Grades 9–12
900 W Wilson Ave|0.6 miles away

Yccs-Truman Middle College High School

--
Public|Grades 9–12
1145 W Wilson Ave|0.78 miles away

Peirce Elementary School

C
Public|Grades KG–8
1423 W Bryn Mawr A...|0.97 miles away

Brennemann Elementary School

C
Public|Grades PK–8
4251 N Clarendon A...|1 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
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Description

5040 - 5060 North Marine Drive Condominiums is positioned near local schools serving the surrounding area. Educational institutions within a 2-mile radius improve daily accessibility. Families benefit from shorter commutes and convenience. This well-located area supports comfortable living.

McCutcheon Elementary School

D
Public|Grades PK–8
4865 N Sheridan Rd|Less than 1 Mile Away

Goudy Elementary School

B
Public|Grades KG–8
5120 N Winthrop Av...|Less than 1 Mile Away

Uplift Community High School

F
Public|Grades 9–12
900 W Wilson Ave|Less than 1 Mile Away

Yccs-Truman Middle College High School

--
Public|Grades 9–12
1145 W Wilson Ave|Less than 1 Mile Away

Peirce Elementary School

C
Public|Grades KG–8
1423 W Bryn Mawr A...|Less than 1 Mile Away

Brennemann Elementary School

C
Public|Grades PK–8
4251 N Clarendon A...|1.00 Miles Away

Courtenay Elementary School

C+
Public|Grades PK–8
4420 N Beacon St|1.05 Miles Away

Swift Elementary School

C
Public|Grades PK–8
5900 N Winthrop Av...|1.06 Miles Away

St Mary of the Lake School

--
Private|Grades PK–8
1026 W Buena Ave|1.10 Miles Away

Asian Human Services -Passage Charter

C-
Public|Grades PK–8
1643 W Bryn Mawr A...|1.15 Miles Away

Chicago Friends School

--
Private|Grades KG–8
1246 W Thorndale A...|1.19 Miles Away

Rogers Park Montessori School

--
Private|Grades PK–8
1800 W Balmoral Av...|1.25 Miles Away

Senn High School

C-
Public|Grades 9–12
5900 N Glenwood Av...|1.25 Miles Away

Disney Elementary Magnet School

A
Public|Grades PK–8
4140 N Marine Dr|1.26 Miles Away

McPherson Elementary School

C
Public|Grades KG–8
4728 N Wolcott Ave|1.34 Miles Away

Ravenswood Elementary School

A-
Public|Grades PK–8
4332 N Paulina St|1.36 Miles Away

Park View Montessori School - Chicago

--
Private|Grades PK–KG
640 W Irving Park ...|1.38 Miles Away

Amundsen High School

B
Public|Grades 9–12
5110 N Damen Ave|1.44 Miles Away

Lycee Francais de Chicago

--
Private|Grades PK–12
1929 W Wilson Ave|1.48 Miles Away

Sacred Heart Schools

--
Private|Grades PK–8
6250 N Sheridan Rd|1.48 Miles Away

Greeley Elementary School

B+
Public|Grades PK–8
832 W Sheridan Rd|1.49 Miles Away

German International School Chicago

--
Private|Grades PK–7
1726 W Berteau Ave|1.52 Miles Away

Lake View High School

C-
Public|Grades 9–12
4015 N Ashland Ave|1.57 Miles Away

Chappell Elementary School

C
Public|Grades PK–8
2135 W Foster Ave|1.61 Miles Away

Hayt Elementary School

C+
Public|Grades KG–8
1518 W Granville A...|1.63 Miles Away

Bernard Zell Anshe Emet Day School

--
Private|Grades PK–8
3751 N Broadway St|1.65 Miles Away

Ravenswood Christian School

--
Private|Grades PK–11
4437 N Seeley Ave|1.67 Miles Away

Pilgrim Lutheran School

--
Private|Grades PK–8
4300 N Winchester ...|1.67 Miles Away

North Park Elementary School

--
Private|Grades PK–8
2017 W Montrose Av...|1.70 Miles Away

Blaine Elementary School

A-
Public|Grades PK–8
1420 W Grace St|1.77 Miles Away

Inter-American Elementary Magnet School

B+
Public|Grades PK–8
851 W Waveland Ave|1.79 Miles Away

St Matthias School

--
Private|Grades PK–8
4910 N Claremont A...|1.88 Miles Away

Transit

5040 - 5060 North Marine Drive Condominiums benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Metro ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

2100 W Peterson

1.92 miles away|37 min walk

3930 N Clark

1.54 miles away|30 min walk

4225 N Sheridan

1.07 miles away|21 min walk

4242 N Sheridan

1.06 miles away|21 min walk

4250 N Marine Drive

1.03 miles away|20 min walk

4251 N Marine Drive

1.04 miles away|20 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

5040 - 5060 North Marine Drive Condominiums benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Metro ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

2100 W Peterson

1.92 miles away|37 min walk

3930 N Clark

1.54 miles away|30 min walk

4225 N Sheridan

1.07 miles away|21 min walk

4242 N Sheridan

1.06 miles away|21 min walk

4250 N Marine Drive

1.03 miles away|20 min walk

4251 N Marine Drive

1.04 miles away|20 min walk

4646 N Marine Drive

0.58 miles away|12 min walk

856 W Lawrence

0.38 miles away|8 min walk

Addison & Broadway

1.89 miles away|37 min walk

Addison & Clark

1.9 miles away|37 min walk

Addison & Fremont

1.88 miles away|37 min walk

Addison & Halsted

1.88 miles away|37 min walk

Addison & Lake Shore

1.84 miles away|36 min walk

Addison & Lakewood

1.95 miles away|38 min walk

Addison & Pine Grove

1.87 miles away|36 min walk

Addison & Racine

1.92 miles away|37 min walk

Addison (Red)

1.88 miles away|37 min walk

Addison-Red

1.88 miles away|36 min walk

Addison Red Line Station

1.89 miles away|37 min walk

Addison & Southport

1.99 miles away|39 min walk

Ainslie & Western

1.93 miles away|38 min walk

Argyle

0.34 miles away|7 min walk

Ashland & Balmoral

0.97 miles away|19 min walk

Ashland & Berteau

1.43 miles away|28 min walk

Ashland & Berwyn

0.93 miles away|18 min walk

Ashland & Bryn Mawr

1.09 miles away|21 min walk

Ashland & Catalpa

1.02 miles away|20 min walk

Ashland & Foster

0.9 miles away|18 min walk

Ashland & Grace

1.87 miles away|36 min walk

Ashland & Gregory

1.07 miles away|21 min walk

Ashland & Hollywood

1.17 miles away|23 min walk

Ashland & Irving Park

1.62 miles away|32 min walk

Ashland & Montrose

1.24 miles away|24 min walk

Ashland & Wilson

1.11 miles away|22 min walk

Berwyn

0.41 miles away|8 min walk

Berwyn & Broadway

0.44 miles away|9 min walk

Berwyn & Broadway (Red Line)

0.43 miles away|9 min walk

Berwyn & Kenmore

0.33 miles away|7 min walk

Broadway & Addison

1.88 miles away|36 min walk

Broadway & Ainslie

0.44 miles away|9 min walk

Broadway & Ardmore

0.98 miles away|19 min walk

Broadway & Argyle

0.4 miles away|8 min walk

Broadway & Balmoral

0.54 miles away|11 min walk

Broadway & Belle Plaine

1.21 miles away|24 min walk

Broadway & Berwyn

0.47 miles away|10 min walk

Broadway & Bryn Mawr/Ridge

0.76 miles away|15 min walk

Broadway & Buena

1.11 miles away|22 min walk

Broadway & Catalpa

0.64 miles away|13 min walk

Broadway & Cullom

0.97 miles away|19 min walk

Broadway & Elmdale

1.21 miles away|24 min walk

The Neighbourhood: Uptown

Uptown, located in Cook County, IL, is a vibrant neighborhood known for its rich cultural diversity and historic architecture. The area is celebrated for its entertainment venues, including the iconic Aragon Ballroom and Riviera Theatre, which host a variety of live performances. Residents and visitors alike can enjoy a wide array of dining options, ranging from cozy cafes to international cuisine. The neighborhood offers plentiful amenities, with several parks and lakefront access for outdoor activities. Uptown is well-connected to public transportation, making commuting to downtown Chicago convenient and efficient.

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Neighbourhood Description

Uptown, located in Cook County, IL, is a vibrant neighborhood known for its rich cultural diversity and historic architecture. The area is celebrated for its entertainment venues, including the iconic Aragon Ballroom and Riviera Theatre, which host a variety of live performances. Residents and visitors alike can enjoy a wide array of dining options, ranging from cozy cafes to international cuisine. The neighborhood offers plentiful amenities, with several parks and lakefront access for outdoor activities. Uptown is well-connected to public transportation, making commuting to downtown Chicago convenient and efficient.

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5040 - 5060 North Marine Drive Condominiums Demographics

Age Demographics

0–14 Years

10.95%

15–29 Years

22.8%

30–44 Years

26.01%

45–59 Years

20.51%

60+ Years

19.74%

Commute

40.4%

Transit

4.06%

Walk

35.06%

Drive

2.37%

Bike

Housing Ownership

30.31%

Owner Occupied

69.69%

Rental Units

Household Types

Single Family
11.37%
Multi Family
2.38%
Single Person
56.13%
Multi Person
43.87%

Average Income

Household:$5,601,069.54 /yr

Individual:$4,497,669.78 /yr

Education

Bachelors Degree31.6%
High School College13.73%
Diploma5.56%
Post Graduate23.27%
Others25.84%
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Education

Diploma5.56%
Post Graduate23.27%
Others25.84%
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    5040 - 5060 North Marine Drive Condominiums
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