4850 S Lake Park Avenue #1507B, Chicago, IL

$40,000

Overview

  • 728690
  • Property ID
  • Updated On:
  • May 9, 2026
  • 2
  • Bedrooms
  • 1
  • Bathrooms
  • 1,400 ft2
  • Property Size

Description

Seller is highly motivated and seeking a serious buyer ready to move in soon for this well-maintained 15th-floor, 2-bedroom, 1-bathroom unit offering comfort, convenience, and elevated city living near downtown Chicago. Located in the heart of Hyde Park, this home features brand-new appliances, including a gas stove covered in the monthly fee, along with the added benefit of higher-floor privacy and views. Property Details *Monthly Carrying Charges: $1,340 *Shares / Refundable Deposit: $5,460 *Garage Parking: Starting at $75/month Monthly Fee Includes *Heat, water, and cable (HBO, Showtime, and STARZ included) *Gas and appliance coverage (including stove) *All unit maintenance *Common area amenities Additional Highlights *24/7 building and garage security *Only electricity is excluded from the monthly fee *Owner-occupancy required for at least one year before resale All renovations or changes require board approval This 15th-floor unit offers a rare combination of affordability, security, and modern updates, making it an ideal opportunity for a buyer ready to act quickly and move right in in one of Chicago’s most desirable neighborhoods.

Bathrooms
1
2
Climate Control
Air Conditioning
Heating
Floor Area
1,000-2,000 sqft
Garden
Yes
Parking
Garage
Other Features
Brick
Central Air
Detached
Hall Width 36 Inches or More
Lake Michigan
Leased
Main Level Entry
Public Sewer
Size Limit
Steam
Wheelchair Accessible

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$205.09
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 155.09

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Information for the property at 4850 S Lake Park Avenue #1507B, Chicago, IL, 60615 (Property ID: 728690) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi