5048 N Marine Dr

5048 N Marine Dr, Chicago, IL, 60640 |5040 - 5060 North Marine Drive Condominiums

Description

The building at 5048 N Marine Dr is a high-rise located a short distance from Lake Michigan. This structure has eight stories and includes 27 units. Each unit has either one, two, or three bedrooms. It was built in 1939, providing a touch of classic architecture in a modern world. Unit sizes vary greatly, ranging from 700 to 2,850 square feet. The prices for available units are between $370,000 and $425,000. Recent sales show that the average price per square foot is around $197. The lowest sold price in the last year reached about $150,000. This market activity points to a steady interest in the properties. Living here offers plenty of amenities. The building includes features like a fitness center, a doorman, and an exercise room. There is also shared laundry, a bike storage area, and a party room for gatherings. Residents enjoy a beautiful courtyard with an Art Deco fountain, creating an inviting atmosphere. Average days on the market for the units is 113. This gives potential buyers time to evaluate their options. Nearby, the area has several grocery stores including Selam Market and Mariano's Edgewater Pharmacy. For dining, residents can enjoy Pizza Tonite for a casual meal. Access to parks is another advantage. Lincoln Park and Foster Beach are close by, providing recreational opportunities. The public transportation options, like the CTA bus and Red Line, make commuting convenient. This combination of features makes it a desirable location on the waterfront.