4850 S Lake Park Avenue #2508B
Chicago, IL, 60615
$55,000
2 Beds
1 Baths
1,100 SqFt
0 Acres
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$55,000
4850 S Lake Park Avenue #2508B
Chicago, IL, 60615
MLS #MRD12386806 image #0MLS #MRD12386806 image #1MLS #MRD12386806 image #2MLS #MRD12386806 image #3MLS #MRD12386806 image #4MLS #MRD12386806 image #5MLS #MRD12386806 image #6MLS #MRD12386806 image #7MLS #MRD12386806 image #8
CASH ONLY, OWNER OCCUPIED BUILDING — Welcome to Unit 2508B at 4850 S Lake Park Avenue, a fully renovated top-floor home in one of Hyde Park’s most iconic high-rises. This beautifully updated two-bedroom, one-bathroom co-op offers panoramic views of Lake Michigan, the skyline, and seasonal fireworks-capturing the best of lakefront living. The unit features a brand-new kitchen with modern cabinetry, stainless steel appliances, and quartz countertops. The bathroom has been fully remodeled, and both bedrooms are bright and spacious with ample closet space. New flooring throughout completes this move-in-ready home. This is a cash-only, owner-occupied building. Monthly assessments of $1,348 include heat, water, common insurance, exterior maintenance, scavenger, 24-hour door staff, and real estate taxes. A $6,000 refundable shareholder amount is required at possession. Covered garage available for an additional $85/mo. Residents enjoy secure entry, on-site management, package receiving, and a laundry facility. Dogs up to 20 lbs are welcome. Just steps from the express bus to downtown and within walking distance to Whole Foods, restaurants, parks, the lakefront, and the University of Chicago, this home offers convenience, views, and value in one of Chicago’s most vibrant neighborhoods.

Property Details

Price:
$55,000
MLS #:
MRD12386806
Status:
Active Under Contract
Beds:
2
Baths:
1
Type:
Single Family
Neighborhood:
CHI – Kenwood
Listed Date:
Jun 10, 2025
Finished Sq Ft:
1,100
Year Built:
1970
Parking TotalChi – KenwoodChi – KenwoodKenwood Academy High School

Schools

School District:
299
High School:
Kenwood Academy High School

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Hardwood, Laminate, Carpet
Heating
Natural Gas, Forced Air
Laundry Features
Upper Level, Gas Dryer Hookup, Common Area, Sink

Exterior

Association Amenities
Elevator(s)
Construction Materials
Brick
Parking Features
Concrete, Garage, On Site, Other, Detached
Parking Spots
1

Financial

HOA Fee
$1,348
HOA Frequency
Monthly
HOA Includes
Heat, Air Conditioning, Water, Gas, Taxes, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Tax Year
2023
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Single Family in Chicago as of Sep 06, 2025
2,990
Single Family Listed
70
Avg DOM
226
Avg $ / SqFt
$549,305
Avg List Price

Community

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Property Summary

    4850 S Lake Park Avenue #2508B Chicago IL is a Single Family for sale in Chicago, IL, 60615. It is listed for $55,000 and features 2 beds, 1 baths, and has approximately 1,100 square feet of living space, and was originally constructed in 1970. The current price per square foot is $50. The average price per square foot for Single Family listings in Chicago is $226. The average listing price for Single Family in Chicago is $549,305. To schedule a showing of MLS#mrd12386806 at 4850 S Lake Park Avenue #2508B in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
4850 S Lake Park Avenue #2508B
Chicago, IL