- 2 beds
- 1 bath
- 1,100 sqft
- $50 per sqft
- 1970 build
- – on site
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.
Last checked:
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Last updated Jun 17, 2025
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MLS# 12386806 —
The Building
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Year Built:1970
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:None
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Disability Access:Yes
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Accessibility Features:Kitchen Modifications
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Stories Total:25
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Total SqFt:1200
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Total SqFt:1200
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Upper SqFt:1200
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Living Area Source:Landlord/Tenant/Seller
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Entry Level:17
Interior
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Room Type:No additional rooms
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Rooms Total:5
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Interior Features:Elevator, Dining Combo, Doorman, Health Facilities, Lobby, Shops
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Laundry Features:Upper Level, Gas Dryer Hookup, Common Area, Sink
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Flooring:Hardwood, Laminate, Carpet
Room Dimensions
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Living Area:1100
Location
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Directions:47th Street East, south on Lake Park
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Location:12660
The Property
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Parcel Number:20112060580000
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Property Type:Residential
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Location:N
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Lot Size Dimensions:COMMON
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (708) 858-3446
- Office phone:
- (312) 981-5500
Taxes
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Tax Year:2023
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers
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Water Source:Public
Appliances
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Appliances:Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School:Kenwood Academy High School
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High School District:299
The Community
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Pets Allowed:Cats OK, Dogs OK
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Association Fee:1348
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Association Fee Includes:Heat, Air Conditioning, Water, Gas, Taxes, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Parking Features:Concrete, Garage, On Site, Other, Detached
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Garage Spaces:1
Monthly cost estimate

Asking price
$55,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$294
|
Taxes | N/A |
Insurance | $15 |
HOA fees | $1,348 |
Utilities | $133 See report |
Total | $1,790/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/10/25
Jun 10, 2025
|
Listed / Active | MRED | $55,000 | 22.2% (7.3% / YR) |
5/31/22
May 31, 2022
|
MRED | $45,000 | ||
4/4/22
Apr 4, 2022
|
MRED | $45,000 |