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

5056 N Marine Drive, Chicago, IL, 60640
5040 - 5060 North Marine Drive Condominiums

YEAR BUILT

# STORIES

8

# TOTAL UNITS

17

UNIT SIZE RANGE

950-1,050 sqft

Description

The 5040 - 5060 North Marine Drive Condominiums stand tall at the corner of Marine Drive and Granville Avenue in Chicago. This high-rise building has 8 stories and contains 17 units. It was built to offer both comfort and practicality in a lively setting. Units in this building range from 950 to 1,050 square feet. Pricing for available condos falls between $147,000 and $160,000. The average price per square foot is around $194. Recent sales show the average closed price remains steady at $147,000. Living here offers easy access to a variety of amenities. Residents can enjoy a park, exercise room, and health club. There’s also a business center and party room for gatherings. A tennis court and bike trails encourage an active lifestyle. Average days on the market for these units is about 77 days. This gives prospective homeowners time to explore their options. Nearby businesses like Mariano's and Selam Market cater to daily shopping needs. For dining, places like Pizza Tonite add to the local flavor. The building’s location allows quick access to major roads. The shoreline is close by, making it easy to enjoy Lake Michigan. This means residents can take advantage of outdoor fun and scenic views. The overall atmosphere fosters a friendly community.

Building ImageMLS ID #12263135
Building ImageView Listing

5040 - 5060 North Marine Drive Condominiums

5056 N Marine Drive, Chicago, IL, 60640


5040 - 5060 North Marine Drive Condominiums

YEAR BUILT

# STORIES

8

# TOTAL UNITS

17

UNIT SIZE RANGE

950-1,050 sqft

Description

The 5040 - 5060 North Marine Drive Condominiums stand tall at the corner of Marine Drive and Granville Avenue in Chicago. This high-rise building has 8 stories and contains 17 units. It was built to offer both comfort and practicality in a lively setting. Units in this building range from 950 to 1,050 square feet. Pricing for available condos falls between $147,000 and $160,000. The average price per square foot is around $194. Recent sales show the average closed price remains steady at $147,000. Living here offers easy access to a variety of amenities. Residents can enjoy a park, exercise room, and health club. There’s also a business center and party room for gatherings. A tennis court and bike trails encourage an active lifestyle. Average days on the market for these units is about 77 days. This gives prospective homeowners time to explore their options. Nearby businesses like Mariano's and Selam Market cater to daily shopping needs. For dining, places like Pizza Tonite add to the local flavor. The building’s location allows quick access to major roads. The shoreline is close by, making it easy to enjoy Lake Michigan. This means residents can take advantage of outdoor fun and scenic views. The overall atmosphere fosters a friendly community.

Next

Description

The 5040 - 5060 North Marine Drive Condominiums stand tall at the corner of Marine Drive and Granville Avenue in Chicago. This high-rise building has 8 stories and contains 17 units. It was built to offer both comfort and practicality in a lively setting. Units in this building range from 950 to 1,050 square feet. Pricing for available condos falls between $147,000 and $160,000. The average price per square foot is around $194. Recent sales show the average closed price remains steady at $147,000. Living here offers easy access to a variety of amenities. Residents can enjoy a park, exercise room, and health club. There’s also a business center and party room for gatherings. A tennis court and bike trails encourage an active lifestyle. Average days on the market for these units is about 77 days. This gives prospective homeowners time to explore their options. Nearby businesses like Mariano's and Selam Market cater to daily shopping needs. For dining, places like Pizza Tonite add to the local flavor. The building’s location allows quick access to major roads. The shoreline is close by, making it easy to enjoy Lake Michigan. This means residents can take advantage of outdoor fun and scenic views. The overall atmosphere fosters a friendly community.

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

Avg. Listed Price$147,999($195/Sqft.)

Avg. Sale Price$147,000($194/Sqft.)
Year over year list priceDown Arrow7.44%

Year over year sale priceDown Arrow 8.13%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market77 days

Average HOA fees per sqft$1 /monthly
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Key Stats

Year over year list priceDown Arrow7.44%

Year over year sale priceDown Arrow8.13%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market77 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 7B7B90011882025-10-20
MLS#: 12425612
Closed$154,000
Unit B4B484511482024-05-24
MLS#: 12015996
Closed$160,000
Unit D8D890011312018-05-03
MLS#: 09901230
Closed$153,000
Unit 7B
7B

1 Beds

1 Baths

900 sqft


DateStatusPrice
2025-10-20Closed$154,000
MLS#: 12425612
Days On Market88
Unit B4
B4

1 Beds

1 Baths

845 sqft


DateStatusPrice
2024-05-24Closed$160,000
MLS#: 12015996
Days On Market48
Unit D8
D8

1 Beds

1 Baths

900 sqft


DateStatusPrice
2018-05-03Closed$153,000
MLS#: 09901230
Days On Market31
View Complete Unit Listing HistorySource By: MRED

Amenities

The onsite amenities are truly impressive and perfect for an active lifestyle. Picture unwinding after a long day in the health club or catching some rays on the sundeck. If you're into fitness, you’ll love the exercise room and tennis courts available for residents. There's even a business center if you're looking to work from home without the distractions of everyday life. Enjoy entertaining friends? The party room is available for gatherings, and the beautiful park nearby provides additional outdoor space for hosting. Don’t forget the bike room and trails, ideal for cycling enthusiasts wanting to explore the neighborhood.

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Amenities Description

The onsite amenities are truly impressive and perfect for an active lifestyle. Picture unwinding after a long day in the health club or catching some rays on the sundeck. If you're into fitness, you’ll love the exercise room and tennis courts available for residents. There's even a business center if you're looking to work from home without the distractions of everyday life. Enjoy entertaining friends? The party room is available for gatherings, and the beautiful park nearby provides additional outdoor space for hosting. Don’t forget the bike room and trails, ideal for cycling enthusiasts wanting to explore the neighborhood.

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)

Coin Laundry

Coin Laundry

Tennis Court(s)

Tennis Court(s)

Sundeck

Sundeck

Receiving Room

Receiving Room

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Business Center

Business Center

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Policies

The condos at 5040 - 5060 North Marine Drive are pet-friendly, allowing both cats and dogs! However, it’s worth noting that there are size limitations and an additional pet rent, so make sure to consider that while planning for your furry companions.

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$194/sqft.$1 /sqft.
5040 - 5060 North Marine Drive Condominiums$169/sqft.$2 /sqft.
5056 N Marine Dr$182/sqft.$2 /sqft.
5052 N Marine Dr$169/sqft.$2 /sqft.
5040 - 5060 North Marine Drive Condominiums$197/sqft.$1 /sqft.
5040 - 5060 North Marine Drive Condominiums$171/sqft.$2 /sqft.

Nearby Schools

5040 - 5060 North Marine Drive Condominiums is located near 32+ schools throughout Chicago. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

McCutcheon Elementary School

D
Public|Grades PK–8
4865 N Sheridan Rd|0.28 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|0.62 miles away

Yccs-Truman Middle College High School

--
Public|Grades 9–12
1145 W Wilson Ave|0.79 miles away

Peirce Elementary School

C
Public|Grades KG–8
1423 W Bryn Mawr A...|0.96 miles away

Brennemann Elementary School

C
Public|Grades PK–8
4251 N Clarendon A...|1.02 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

5040 - 5060 North Marine Drive Condominiums is located near 32+ schools throughout Chicago. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

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...|1.02 Miles Away

Swift Elementary School

C
Public|Grades PK–8
5900 N Winthrop Av...|1.04 Miles Away

Courtenay Elementary School

C+
Public|Grades PK–8
4420 N Beacon St|1.07 Miles Away

St Mary of the Lake School

--
Private|Grades PK–8
1026 W Buena Ave|1.12 Miles Away

Asian Human Services -Passage Charter

C-
Public|Grades PK–8
1643 W Bryn Mawr A...|1.14 Miles Away

Chicago Friends School

--
Private|Grades KG–8
1246 W Thorndale A...|1.17 Miles Away

Rogers Park Montessori School

--
Private|Grades PK–8
1800 W Balmoral Av...|1.24 Miles Away

Senn High School

C-
Public|Grades 9–12
5900 N Glenwood Av...|1.24 Miles Away

Disney Elementary Magnet School

A
Public|Grades PK–8
4140 N Marine Dr|1.28 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|1.38 Miles Away

Park View Montessori School - Chicago

--
Private|Grades PK–KG
640 W Irving Park ...|1.40 Miles Away

Amundsen High School

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

Sacred Heart Schools

--
Private|Grades PK–8
6250 N Sheridan Rd|1.46 Miles Away

Lycee Francais de Chicago

--
Private|Grades PK–12
1929 W Wilson Ave|1.49 Miles Away

Greeley Elementary School

B+
Public|Grades PK–8
832 W Sheridan Rd|1.51 Miles Away

German International School Chicago

--
Private|Grades PK–7
1726 W Berteau Ave|1.54 Miles Away

Lake View High School

C-
Public|Grades 9–12
4015 N Ashland Ave|1.59 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...|1.61 Miles Away

Bernard Zell Anshe Emet Day School

--
Private|Grades PK–8
3751 N Broadway St|1.67 Miles Away

Ravenswood Christian School

--
Private|Grades PK–11
4437 N Seeley Ave|1.68 Miles Away

Pilgrim Lutheran School

--
Private|Grades PK–8
4300 N Winchester ...|1.68 Miles Away

North Park Elementary School

--
Private|Grades PK–8
2017 W Montrose Av...|1.72 Miles Away

Blaine Elementary School

A-
Public|Grades PK–8
1420 W Grace St|1.78 Miles Away

Inter-American Elementary Magnet School

B+
Public|Grades PK–8
851 W Waveland Ave|1.82 Miles Away

St Matthias School

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

Transit

5040 - 5060 North Marine Drive Condominiums is located in a well-connected part of Uptown, Chicago, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

2100 W Peterson

1.91 miles away|37 min walk

3930 N Clark

1.56 miles away|30 min walk

4225 N Sheridan

1.09 miles away|21 min walk

4242 N Sheridan

1.08 miles away|21 min walk

4250 N Marine Drive

1.05 miles away|21 min walk

4251 N Marine Drive

1.06 miles away|21 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

5040 - 5060 North Marine Drive Condominiums is located in a well-connected part of Uptown, Chicago, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.

2100 W Peterson

1.91 miles away|37 min walk

3930 N Clark

1.56 miles away|30 min walk

4225 N Sheridan

1.09 miles away|21 min walk

4242 N Sheridan

1.08 miles away|21 min walk

4250 N Marine Drive

1.05 miles away|21 min walk

4251 N Marine Drive

1.06 miles away|21 min walk

4646 N Marine Drive

0.6 miles away|12 min walk

856 W Lawrence

0.4 miles away|8 min walk

Addison & Broadway

1.91 miles away|37 min walk

Addison & Clark

1.92 miles away|37 min walk

Addison & Fremont

1.9 miles away|37 min walk

Addison & Halsted

1.9 miles away|37 min walk

Addison & Lake Shore

1.86 miles away|36 min walk

Addison & Lakewood

1.97 miles away|38 min walk

Addison & Pine Grove

1.89 miles away|37 min walk

Addison & Racine

1.94 miles away|38 min walk

Addison (Red)

1.91 miles away|37 min walk

Addison-Red

1.9 miles away|37 min walk

Addison Red Line Station

1.91 miles away|37 min walk

Ainslie & Western

1.94 miles away|38 min walk

Argyle

0.35 miles away|7 min walk

Ashland & Balmoral

0.96 miles away|19 min walk

Ashland & Berteau

1.44 miles away|28 min walk

Ashland & Berwyn

0.92 miles away|18 min walk

Ashland & Bryn Mawr

1.08 miles away|21 min walk

Ashland & Catalpa

1.01 miles away|20 min walk

Ashland & Foster

0.9 miles away|18 min walk

Ashland & Grace

1.88 miles away|37 min walk

Ashland & Gregory

1.06 miles away|21 min walk

Ashland & Hollywood

1.16 miles away|23 min walk

Ashland & Irving Park

1.64 miles away|32 min walk

Ashland & Montrose

1.25 miles away|25 min walk

Ashland & Wilson

1.13 miles away|22 min walk

Berwyn

0.4 miles away|8 min walk

Berwyn & Broadway

0.43 miles away|9 min walk

Berwyn & Broadway (Red Line)

0.42 miles away|8 min walk

Berwyn & Kenmore

0.31 miles away|6 min walk

Broadway & Addison

1.9 miles away|37 min walk

Broadway & Ainslie

0.45 miles away|9 min walk

Broadway & Ardmore

0.96 miles away|19 min walk

Broadway & Argyle

0.4 miles away|8 min walk

Broadway & Balmoral

0.52 miles away|11 min walk

Broadway & Belle Plaine

1.24 miles away|24 min walk

Broadway & Berwyn

0.46 miles away|9 min walk

Broadway & Bryn Mawr/Ridge

0.74 miles away|15 min walk

Broadway & Buena

1.13 miles away|22 min walk

Broadway & Catalpa

0.62 miles away|12 min walk

Broadway & Cullom

0.99 miles away|19 min walk

Broadway & Elmdale

1.19 miles away|23 min walk

Broadway & Foster

0.41 miles away|8 min walk

The Neighbourhood: Uptown

Uptown sits on Chicago's north lakefront and mixes music venues, shops, and housing. Montrose Beach offers lakefront space and walking areas. The Green Mill draws jazz fans to a longtime club. Aragon Ballroom and Riviera Theatre host concerts and large shows. A historic movie palace stands under restoration in this district. Riverview Park once operated as a large amusement park and shaped local history. Loyola University Chicago brings students and campus life to this district. Local restaurants like Sun Wah BBQ and McDonald's serve diverse food to residents. Small cafes and bakeries provide takeout and sit-down options. CTA Red Line trains and Wilson station connect riders to downtown. CTA buses run multiple routes across the area. Local parks and plazas host sports, picnics, and community events. Retail shops and service businesses occupy many ground-floor storefronts. Developers and residents add apartments, condominiums, and rental units. Neighborhood groups and nonprofit centers organize cleanups, shows, and youth programs. Churches and community centers host meetings and classes for neighbors. Data shows that the most common age group falls between 25 to 29 years old and that one-person households make up the largest share.

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Neighbourhood Description

Uptown sits on Chicago's north lakefront and mixes music venues, shops, and housing. Montrose Beach offers lakefront space and walking areas. The Green Mill draws jazz fans to a longtime club. Aragon Ballroom and Riviera Theatre host concerts and large shows. A historic movie palace stands under restoration in this district. Riverview Park once operated as a large amusement park and shaped local history. Loyola University Chicago brings students and campus life to this district. Local restaurants like Sun Wah BBQ and McDonald's serve diverse food to residents. Small cafes and bakeries provide takeout and sit-down options. CTA Red Line trains and Wilson station connect riders to downtown. CTA buses run multiple routes across the area. Local parks and plazas host sports, picnics, and community events. Retail shops and service businesses occupy many ground-floor storefronts. Developers and residents add apartments, condominiums, and rental units. Neighborhood groups and nonprofit centers organize cleanups, shows, and youth programs. Churches and community centers host meetings and classes for neighbors. Data shows that the most common age group falls between 25 to 29 years old and that one-person households make up the largest share.

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5040 - 5060 North Marine Drive Condominiums Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 11.01% are children aged 0–14, 22.7% are young adults between 15–29, 25.99% are adults aged 30–44, 20.5% are in the 45–59 range and 19.81% are seniors aged 60 and above. Commuting options are also varying where 40.42% of residents relying on public transit, while others prefer walking around 4.07%, driving around 35.1%, biking around 2.35%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 69.74% of units are rented and 30.26% are owner occupied. The neighborhood offers different household types. About 11.34% are single family homes and 2.41% are multi family units. Around 56.17% are single-person households, while 43.83% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 31.54% of residents have bachelor’s degrees. Around 13.77% have high school or college education. Another 5.57% hold diplomas while 23.26% have completed postgraduate studies. The remaining are 25.86% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 11.01% are children aged 0–14, 22.7% are young adults between 15–29, 25.99% are adults aged 30–44, 20.5% are in the 45–59 range and 19.81% are seniors aged 60 and above. Commuting options are also varying where 40.42% of residents relying on public transit, while others prefer walking around 4.07%, driving around 35.1%, biking around 2.35%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 69.74% of units are rented and 30.26% are owner occupied. The neighborhood offers different household types. About 11.34% are single family homes and 2.41% are multi family units. Around 56.17% are single-person households, while 43.83% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 31.54% of residents have bachelor’s degrees. Around 13.77% have high school or college education. Another 5.57% hold diplomas while 23.26% have completed postgraduate studies. The remaining are 25.86% with other types of qualifications.

Age Demographics

0–14 Years

11.01%

15–29 Years

22.7%

30–44 Years

25.99%

45–59 Years

20.5%

60+ Years

19.81%

Commute

40.42%

Transit

4.07%

Walk

35.1%

Drive

2.35%

Bike

Housing Ownership

30.26%

Owner Occupied

69.74%

Rental Units

Household Types

Single Family
11.34%
Multi Family
2.41%
Single Person
56.17%
Multi Person
43.83%

Average Income

Household:$5,595,254.04 /yr

Individual:$4,491,352.38 /yr

Education

Bachelors Degree31.54%
High School College13.77%
Diploma5.57%
Post Graduate23.26%
Others25.86%
Next

Education

Diploma5.57%
Post Graduate23.26%
Others25.86%
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    5040 - 5060 North Marine Drive Condominiums
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

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13300 IL RT 47

Huntley, Illinois 60142

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