4880 N Marine Drive 308, Chicago IL 60640
$124,888

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Property Description

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 .

Listed by Ivelina Stoyanova for Homesmart Connect LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

  • List Price $124,888
  • Property Taxes 778
  • Unit Floor Level 3
  • Square Feet 550
  • Price/ Sq. Ft. $227.07
  • Year Built 1950
  • Parking Type Garage
  • Buyer's Agent Commission 2.5%
  • Status Contingent

Rooms

  • Total Rooms 2
  • Master Bedroom

  • Master Bath N
  • Living Room

  • Room Size 17X15
  • Floor Level Main Level
  • Flooring Wood Laminate
  • Kitchen

  • Room Size 07X07
  • Floor Level Main Level
  • Flooring Ceramic Tile

Additional Rooms

Interior Features

  • Heating & Cooling

  • Heating Type Electric, Baseboard

Exterior Features

  • Parking

  • Parking Garage
  • # of Cars 1
  • Garage Features Garage Door Opener(s),Transmitter(s)

Building Information

  • Number of Units 120
  • Age of Building 71-80 Years
  • Exterior Construction Brick
  • Common Area Amenities Bike Room/Bike Trails, Coin Laundry, Elevator, Storage
  • Exposure S (South)
  • Pets

  • Pets Allowed? Y
  • Pet Types Cats OK,Deposit Required,Dogs OK,Pet Count Limitation,Pet Weight Limitation

Location

  • County Cook
  • Township Lake View
  • Corporate Limits Chicago
  • Directions to Property North On Marine Dr To W Ainslie Street. Property Located On The Sw Corner Of Marine Drive And Ainslie Str
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 778
  • Tax Year 2021
  • Tax Exemptions None
  • Parcel Identification Number 14084170501031

Utilities

  • Sewer Sewer-Publ

Explore Uptown

From the bustling and historic entertainment district to the picturesque lakefront, Chicago's Uptown neighborhood is buzzing with a variety of interesting shops, ethnic restaurants, exciting clubs and eclectic boutiques. Sharing its coveted Lake Michigan beaches with other communities along the water's edge, Uptown owns the market on island paradise-like sands and beautiful shoreline parkland. There is even a public skatepark where rollerbladers and skateboarders can practice their moves and share wipe-out stories with fellow Uptown skaters. Set back from the Lake Michigan shore are the sought-after residential blocks of stately, landmark mansions and vintage, courtyard condominiums. Uptown has its share modern lofts and rehabbed residences, too. Upgraded condo conversions and top-of-the-line finishes are standard in much of the real estate available today. But, if you prefer that antiquated charm, with a fixer-up feel the old, un-renovated buildings of Uptown will be right up your alley.

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