4880 N Marine Drive Unit 308
Chicago, IL 60640
- – beds
- 1 bath
- 550 sqft
- $227 per sqft
- 1950 build
- – on site
Modern, move-in, ready studio in Uptown/Margate Park. Ideal alternative for someone who works in the City and live in the Suburbs or need second home/place to stay in Chicago. Sunny and quiet, south facing unit, with lots of natural light, freshly painted throughout, brand new wood laminate flooring, new window treatments, updated kitchen - granite counters , SS appliances and updated bathroom w/standup shower. Galley style kitchen is equipped with gas stove, microwave, plenty of cabinets. Bathroom was completely remodeled with extra storage, slate tile, and luxurious fixtures. Rooftop was currently renovated. Building is located across the street from the Margate Park Fieldhouse, lakefront trail/ bike path, Lake Michigan, Montrose and Foster beaches. Monthly Assessment: $434.37 | Breakdown: $372.82 (Unit) + $61.55 (Cable). Monthly assessment covers everything (Water, Heat, Gas, Cable, Common Insurance, Exterior Maintenance, Snow Removal, Lawn Care). Wait list for parking in the garage, many options in the area. Mail, storage, bike store and laundry on the 1st floor. Cable and electric is metered separately and billed on a monthly assessment statement. Electric is roughly $25 a month and up to $40 in summer with window AC unit. Weekends are better for showings, association doesn't allow lockboxes. Current wait list for parking, $140 per month when available. One pet allowed, 25 lb. weight limit. For dogs, there is a $125 fee/year. Non-refundable move-in fee of $3. Current reserves as of 12/2023: $887,549 | No special assessments anticipated | Assessment increase for 2024 was 3.5% | No rental cap, but must own for 2 years before renting | | No disposal or washer/dryer allowed in unit | Partial tear-off of roof in 2023 | Windows replaced in 2009 .
Last checked:
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Last updated May 4, 2024
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MLS# 12038939 —
Monthly cost estimate
Asking price
$124,888
| 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. |
$668
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| Taxes | $64 |
| Insurance | $34 |
| HOA fees | $434 |
| Utilities | $98 See report |
| Total | $1,298/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 |
|---|---|---|---|---|
|
5/4/24
May 4, 2024
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Sold Subject To Contingencies | MRED | $124,888 | |
|
4/25/24
Apr 25, 2024
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Listed / Active | MRED | $124,888 | 51.6% (39.0% / YR) |
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10/6/23
Oct 6, 2023
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Price Changed | MRED |