4850 S Lake Park Ave. #2111

$55,000 Active · 75 days on market
3
beds
1
baths
1,227
sq ft
$45
per sq ft

About this unit

Seller is highly motivated and looking for a serious buyer ready to move into this beautifully maintained unit located in the heart of Hyde Park - one of Chicago's most sought-after neighborhoods. This home offers the perfect blend of comfort, convenience, security, and affordability with access to premium building amenities and city living near downtown Chicago. Featuring modern updates, a spacious layout, and the added convenience of a gas stove and appliance coverage included in the monthly fee, this unit is ideal for a buyer seeking low-maintenance living in a secure, well-managed building. Property Details * Monthly Carrying Charges: $1,523 * Shares / Refundable Deposit: $6,240 * Garage Parking: Starting at $75/month Monthly Fee Includes * Heat, water, and cable (HBO, Showtime, and STARZ included) * Gas stove and appliance coverage * 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 Located in desirable Hyde Park, this unit presents a rare opportunity to own an affordable, secure, and low-maintenance home in one of Chicago's most vibrant and growing communities. Perfect for buyers looking for value, convenience, and move-in-ready living. CASH DEAL ONLY

Property details

The facts that decide a tour — straight from MRED.

Monthly costs
HOA$1,523 / mo
HOA includesHeat, Air Conditioning, Water, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Snow Removal
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.

$55,000
$
20%$11,000
6.85%
30 years
Principal & interest$288 / mo
HOA$1,523 / mo
Property tax (est.)$0 / mo
All-in monthly$1,811

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.

May 13, 2026 Listed for sale $58,000current

About 4850 S Lake Park Ave.

A look at the building this unit is in.

4850 S Lake Park Ave.

Hyde Park condo
4 for sale · 0 for rent
For sale from $37K
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.

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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.

Similar units in this building

Other listings on the same line, same floor, or close in size.

Recently sold in this building

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

Listed by Tiarra Washington · Real Broker, LLC · MLS #MRD12649015 · MRED
Mino Conenna
Mino Conenna
Licensed IL broker · Chicago condo specialist
Online now · replies in minutes

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