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

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

YEAR BUILT

1939

# STORIES

8

# TOTAL UNITS

57

UNIT SIZE RANGE

2,750-2,850 sqft

Description

The 5040 - 5060 North Marine Drive Condominiums sit at 5048 N Marine Drive in Chicago. This high-rise building has 8 stories and includes 57 units. The building was constructed in 1939 and offers a range of unit sizes. Each unit has options for 1, 2, or 3 bedrooms. Unit prices vary between $370,000 and $425,000. Recent sales show an average closing price of $166,500. The average price per square foot stands around $197. Units have sizes that fall between 2,750 and 2,850 square feet, providing plenty of space for residents. On average, units spend about 113 days on the market. This time frame allows buyers to explore their choices in this desirable location. The nearby amenities include a laundry room, a health club, and exercise facilities. Residents enjoy access to a park and bike trails, which add to the recreational options. Nearby businesses include Mariano's Edgewater, Selam Market, and Pizza Tonite. These are great spots for groceries and dining. The area is close to Lake Michigan, making it perfect for outdoor enthusiasts. Not far from major roads, commuting is more straightforward for residents. Living in this building means a mix of comfort and convenience. The amenities enhance the lifestyle available and the neighborhood feels inviting. With a good number of units, there’s a sense of community here. It’s an appealing choice for those looking for a vibrant urban living experience.

Building ImageMLS ID #12388312
Building ImageMLS ID #12388312
Building Image
Building ImageView Listing

5040 - 5060 North Marine Drive Condominiums

5048 N Marine Drive, Chicago, IL, 60640

|5040 - 5060 North Marine Drive Condominiums

YEAR BUILT

1939

# STORIES

8

# TOTAL UNITS

57

UNIT SIZE RANGE

2,750-2,850 sqft

Description

The 5040 - 5060 North Marine Drive Condominiums sit at 5048 N Marine Drive in Chicago. This high-rise building has 8 stories and includes 57 units. The building was constructed in 1939 and offers a range of unit sizes. Each unit has options for 1, 2, or 3 bedrooms. Unit prices vary between $370,000 and $425,000. Recent sales show an average closing price of $166,500. The average price per square foot stands around $197. Units have sizes that fall between 2,750 and 2,850 square feet, providing plenty of space for residents. On average, units spend about 113 days on the market. This time frame allows buyers to explore their choices in this desirable location. The nearby amenities include a laundry room, a health club, and exercise facilities. Residents enjoy access to a park and bike trails, which add to the recreational options. Nearby businesses include Mariano's Edgewater, Selam Market, and Pizza Tonite. These are great spots for groceries and dining. The area is close to Lake Michigan, making it perfect for outdoor enthusiasts. Not far from major roads, commuting is more straightforward for residents. Living in this building means a mix of comfort and convenience. The amenities enhance the lifestyle available and the neighborhood feels inviting. With a good number of units, there’s a sense of community here. It’s an appealing choice for those looking for a vibrant urban living experience.

Next

Description

The 5040 - 5060 North Marine Drive Condominiums sit at 5048 N Marine Drive in Chicago. This high-rise building has 8 stories and includes 57 units. The building was constructed in 1939 and offers a range of unit sizes. Each unit has options for 1, 2, or 3 bedrooms. Unit prices vary between $370,000 and $425,000. Recent sales show an average closing price of $166,500. The average price per square foot stands around $197. Units have sizes that fall between 2,750 and 2,850 square feet, providing plenty of space for residents. On average, units spend about 113 days on the market. This time frame allows buyers to explore their choices in this desirable location. The nearby amenities include a laundry room, a health club, and exercise facilities. Residents enjoy access to a park and bike trails, which add to the recreational options. Nearby businesses include Mariano's Edgewater, Selam Market, and Pizza Tonite. These are great spots for groceries and dining. The area is close to Lake Michigan, making it perfect for outdoor enthusiasts. Not far from major roads, commuting is more straightforward for residents. Living in this building means a mix of comfort and convenience. The amenities enhance the lifestyle available and the neighborhood feels inviting. With a good number of units, there’s a sense of community here. It’s an appealing choice for those looking for a vibrant urban living experience.

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

Avg. Listed Price$174,750($201/Sqft.)

Avg. Sale Price$166,500($197/Sqft.)
Year over year list priceUp Arrow12.78%

Year over year sale priceUp Arrow 14.83%
Total Listings2 Listed

Total sold3 Sold
Average Days on Market113 days

Average HOA fees per sqft$1 /monthly
Next

Market Stats

Year over year list priceUp Arrow12.78%

Year over year sale priceUp Arrow14.83%
Total Listings2 Listed

Total sold3 Sold
Average Days on Market113 days

Average HOA fees per sqft$1 /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 7-8A7-8A1890331792021-08-06
MLS#: 10990133
Closed$370,000
Unit A9A9-21582019-05-14
MLS#: 10310642
Closed$215,000
Unit A7-8A7-8280033712016-06-01
MLS#: 09172930
Closed$425,000
Unit 7-8A
7-8A

3 Beds

3 Baths

1890 sqft


DateStatusPrice
2021-08-06Closed$370,000
MLS#: 10990133
Days On Market179
Unit A7-8
A7-8

3 Beds

3 Baths

2800 sqft


DateStatusPrice
2016-06-01Closed$425,000
MLS#: 09172930
Days On Market71
Unit A9
A9

2 Beds

1 Baths

0 sqft


DateStatusPrice
2019-05-14Closed$215,000
MLS#: 10310642
Days On Market58
View Complete Unit Listing HistorySource By: MRED

Amenities

At 5040 - 5060 North Marine Drive, you’ll have access to a range of amenities that enhance your living experience. Imagine kicking off your day with a quick workout in the exercise room or even taking advantage of the health club nearby! For those days when you just want to unwind, the party room is an inviting location to host friends or enjoy a cozy night in. Other noteworthy amenities include a service elevator, laundry facilities, and a bike room for cycling enthusiasts. The surrounding park areas also provide a lovely backdrop for outdoor activities and relaxation.

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Amenities Description

At 5040 - 5060 North Marine Drive, you’ll have access to a range of amenities that enhance your living experience. Imagine kicking off your day with a quick workout in the exercise room or even taking advantage of the health club nearby! For those days when you just want to unwind, the party room is an inviting location to host friends or enjoy a cozy night in. Other noteworthy amenities include a service elevator, laundry facilities, and a bike room for cycling enthusiasts. The surrounding park areas also provide a lovely backdrop for outdoor activities and relaxation.

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 Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Patio

Patio

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

Living in a condo means getting familiar with the building policies, and at 5040 - 5060 North Marine Drive, they cater to many lifestyles. You’ll find that cats and dogs are welcome—hooray for your furry friends! While there are some size limits and deposit requirements, these policies help maintain a comfortable environment for all residents.

Next

Amenities Description

Living in a condo means getting familiar with the building policies, and at 5040 - 5060 North Marine Drive, they cater to many lifestyles. You’ll find that cats and dogs are welcome—hooray for your furry friends! While there are some size limits and deposit requirements, these policies help maintain a comfortable environment 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$197/sqft.$1 /sqft.
5048 N Marine Dr$197/sqft.$1 /sqft.
5052 N Marine Dr$169/sqft.$2 /sqft.
5040 - 5060 North Marine Drive Condominiums$120/sqft.$2 /sqft.
5040 - 5060 North Marine Drive Condominiums$194/sqft.$1 /sqft.
5040 - 5060 North Marine Drive Condominiums$169/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to 5040 - 5060 North Marine Drive Condominiums.

McCutcheon Elementary School

D
Public|Grades PK–8
4865 N Sheridan Rd|0.37 miles away

Goudy Elementary School

B
Public|Grades KG–8
5120 N Winthrop Av...|0.43 miles away

Uplift Community High School

F
Public|Grades 9–12
900 W Wilson Ave|0.83 miles away

Yccs-Truman Middle College High School

--
Public|Grades 9–12
1145 W Wilson Ave|1.06 miles away

Peirce Elementary School

C
Public|Grades KG–8
1423 W Bryn Mawr A...|1.29 miles away

Brennemann Elementary School

C
Public|Grades PK–8
4251 N Clarendon A...|1.37 miles away
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Schools

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|1.06 Miles Away

Peirce Elementary School

C
Public|Grades KG–8
1423 W Bryn Mawr A...|1.29 Miles Away

Brennemann Elementary School

C
Public|Grades PK–8
4251 N Clarendon A...|1.37 Miles Away

Swift Elementary School

C
Public|Grades PK–8
5900 N Winthrop Av...|1.41 Miles Away

Courtenay Elementary School

C+
Public|Grades PK–8
4420 N Beacon St|1.43 Miles Away

St Mary of the Lake School

--
Private|Grades PK–8
1026 W Buena Ave|1.50 Miles Away

Asian Human Services -Passage Charter

C-
Public|Grades PK–8
1643 W Bryn Mawr A...|1.54 Miles Away

Chicago Friends School

--
Private|Grades KG–8
1246 W Thorndale A...|1.59 Miles Away

Rogers Park Montessori School

--
Private|Grades PK–8
1800 W Balmoral Av...|1.67 Miles Away

Senn High School

C-
Public|Grades 9–12
5900 N Glenwood Av...|1.67 Miles Away

Disney Elementary Magnet School

A
Public|Grades PK–8
4140 N Marine Dr|1.71 Miles Away

McPherson Elementary School

C
Public|Grades KG–8
4728 N Wolcott Ave|1.80 Miles Away

Ravenswood Elementary School

A-
Public|Grades PK–8
4332 N Paulina St|1.85 Miles Away

Park View Montessori School - Chicago

--
Private|Grades PK–KG
640 W Irving Park ...|1.88 Miles Away

Amundsen High School

B
Public|Grades 9–12
5110 N Damen Ave|1.94 Miles Away

Sacred Heart Schools

--
Private|Grades PK–8
6250 N Sheridan Rd|1.98 Miles Away

Lycee Francais de Chicago

--
Private|Grades PK–12
1929 W Wilson Ave|1.99 Miles Away

Greeley Elementary School

B+
Public|Grades PK–8
832 W Sheridan Rd|2.02 Miles Away

German International School Chicago

--
Private|Grades PK–7
1726 W Berteau Ave|2.07 Miles Away

Lake View High School

C-
Public|Grades 9–12
4015 N Ashland Ave|2.13 Miles Away

Chappell Elementary School

C
Public|Grades PK–8
2135 W Foster Ave|2.17 Miles Away

Hayt Elementary School

C+
Public|Grades KG–8
1518 W Granville A...|2.18 Miles Away

Bernard Zell Anshe Emet Day School

--
Private|Grades PK–8
3751 N Broadway St|2.24 Miles Away

Ravenswood Christian School

--
Private|Grades PK–11
4437 N Seeley Ave|2.26 Miles Away

Pilgrim Lutheran School

--
Private|Grades PK–8
4300 N Winchester ...|2.26 Miles Away

North Park Elementary School

--
Private|Grades PK–8
2017 W Montrose Av...|2.30 Miles Away

Blaine Elementary School

A-
Public|Grades PK–8
1420 W Grace St|2.40 Miles Away

Inter-American Elementary Magnet School

B+
Public|Grades PK–8
851 W Waveland Ave|2.44 Miles Away

St Matthias School

--
Private|Grades PK–8
4910 N Claremont A...|2.53 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Berwyn & Kenmore

0.43 miles away|9 min walk

Argyle

0.46 miles away|9 min walk

856 W Lawrence

0.53 miles away|11 min walk

Broadway & Argyle

0.54 miles away|11 min walk

Berwyn

0.54 miles away|11 min walk

Broadway & Foster

0.56 miles away|11 min walk
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Transit

Berwyn & Kenmore

0.43 miles away|9 min walk

Argyle

0.46 miles away|9 min walk

856 W Lawrence

0.53 miles away|11 min walk

Broadway & Argyle

0.54 miles away|11 min walk

Berwyn

0.54 miles away|11 min walk

Broadway & Foster

0.56 miles away|11 min walk

Berwyn & Broadway (Red Line)

0.56 miles away|11 min walk

Berwyn & Broadway

0.59 miles away|12 min walk

Broadway & Ainslie

0.6 miles away|12 min walk

Broadway & Berwyn

0.63 miles away|12 min walk

Broadway & Balmoral

0.71 miles away|14 min walk

4646 N Marine Drive

0.8 miles away|16 min walk

Broadway & Catalpa

0.84 miles away|17 min walk

Broadway & Bryn Mawr/Ridge

1 miles away|20 min walk

Ashland & Foster

1.21 miles away|24 min walk

Ashland & Berwyn

1.24 miles away|24 min walk

Ashland & Balmoral

1.29 miles away|25 min walk

Broadway & Ardmore

1.3 miles away|25 min walk

Broadway & Cullom

1.33 miles away|26 min walk

Ashland & Catalpa

1.37 miles away|27 min walk

4250 N Marine Drive

1.4 miles away|27 min walk

4251 N Marine Drive

1.41 miles away|28 min walk

Ashland & Gregory

1.43 miles away|28 min walk

4242 N Sheridan

1.45 miles away|28 min walk

Ashland & Bryn Mawr

1.46 miles away|28 min walk

4225 N Sheridan

1.46 miles away|29 min walk

Ashland & Wilson

1.51 miles away|29 min walk

Broadway & Buena

1.51 miles away|30 min walk

Ashland & Hollywood

1.56 miles away|30 min walk

Broadway & Elmdale

1.61 miles away|31 min walk

Broadway & Belle Plaine

1.66 miles away|32 min walk

Ashland & Montrose

1.68 miles away|33 min walk

Ashland & Berteau

1.93 miles away|38 min walk

3930 N Clark

2.09 miles away|40 min walk

Ashland & Irving Park

2.2 miles away|43 min walk

Addison & Lake Shore

2.5 miles away|48 min walk

Ashland & Grace

2.53 miles away|49 min walk

Addison & Pine Grove

2.53 miles away|49 min walk

Broadway & Addison

2.55 miles away|49 min walk

Addison-Red

2.55 miles away|49 min walk

Addison & Fremont

2.55 miles away|49 min walk

Addison & Halsted

2.56 miles away|50 min walk

Addison (Red)

2.56 miles away|50 min walk

Addison Red Line Station

2.56 miles away|50 min walk

Addison & Broadway

2.57 miles away|50 min walk

Addison & Clark

2.58 miles away|50 min walk

2100 W Peterson

2.58 miles away|50 min walk

Ainslie & Western

2.6 miles away|50 min walk

Addison & Racine

2.61 miles away|50 min walk

Addison & Lakewood

2.65 miles away|51 min walk

The Neighbourhood: 5040 - 5060 North Marine Drive Condominiums

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.

Next

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

10.99%

15–29 Years

22.73%

30–44 Years

26%

45–59 Years

20.5%

60+ Years

19.78%

Commute

40.42%

Transit

4.07%

Walk

35.09%

Drive

2.36%

Bike

Housing Ownership

30.27%

Owner Occupied

69.73%

Rental Units

Household Types

Single Family
11.35%
Multi Family
2.4%
Single Person
56.16%
Multi Person
43.84%

Average Income

Household:$5,597,119.06 /yr

Individual:$4,493,417.85 /yr

Education

Bachelors Degree31.56%
High School College13.76%
Diploma5.57%
Post Graduate23.26%
Others25.85%
Next

Education

Diploma5.57%
Post Graduate23.26%
Others25.85%
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    5040 - 5060 North Marine Drive Condominiums
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