4850 S Lake Park Avenue #1507B

$40,000 Active Under Contract · 68 days on market
2
beds
1
baths
1,400
sq ft
$29
per sq ft

About this unit

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. CASH DEAL ONLY

Property details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$0 / mo
HOA includesNone
Rules & parking
ParkingYes, Leased, Detached, Garage
PetsSize Limit

What it costs each month

Live estimate. Tax based on Cook County 2024 effective rate. HOA pulled from the listing.

$40,000
$
20%$8,000
6.85%
30 years
Principal & interest$210 / mo
HOA$0 / mo
Property tax (est.)$0 / mo
All-in monthly$210

Estimate. Real rate depends on your lender, credit, and reserves. We'll connect you to a Chicago-based broker once you tour.

Listing history

The MLS trail for this unit — list events and price changes only.

Jul 8, 2026 Active Under Contract Active Under Contractcurrent
May 2, 2026 Listed for sale $40,000

About 4850 S Lake Park Avenue

A look at the building this unit is in.

4850 S Lake Park Avenue

Hyde Park condo
1 for sale · 0 for rent
For sale from $40K
View the building

Where it is

FAQ

Where do these listings come from?

Straight from the Midwest Real Estate Data (MRED) MLS, refreshed regularly — the same listings your buyer's agent sees, no curated subset.

Can I work with Dibze to buy?

Yes. A licensed Chicago buyer's agent lines up tours, writes offers, and handles the close. The seller pays the commission, so it's free to you — and we rebate part of it back at closing.

Can I rent in this building?

If owners are leasing units, the For Rent tab shows them. These are individual condo owners listing through the MLS, so lease terms and pet rules vary by unit.

How is this different from Redfin or Zillow?

Same MLS feed, different model — we don't sell your contact info or turn every click into a lead. One Dibze condo expert handles your whole search and represents you, not the seller.

Recently sold in this building

Last 12 months of closed sales at 4850 S Lake Park Avenue — straight from MRED. For pricing context, not for tour.

Listed by Tiarra Washington · Real Broker, LLC · (217) 960-8605 · MLS #MRD12603738 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

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