4850 South Lake Park #1507B, Chicago IL 60615
$40,000

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Property Description

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

Features & Information

Key Details

  • List Price $40,000
  • Property Taxes CO-OP
  • Unit Floor Level 15
  • Square Feet 1400
  • Price/ Sq. Ft. $28.57
  • Year Built 1971
  • Parking Type Garage,Space/s
  • Status Re-activated

Rooms

  • Total Rooms 5
  • Master Bedroom

  • Master Bath N
  • Room Size 14X16
  • Bedroom 2

  • Room Size 11X12
  • Floor Level Main Level
  • Living Room

  • Room Size 18X14
  • Floor Level Main Level
  • Dining Room

  • Room Size 12X9
  • Floor Level Main Level
  • Kitchen

  • Room Size 12X14
  • Floor Level Main Level

Interior Features

  • Heating & Cooling

  • Heating Type Hot Water/Steam

Exterior Features

  • Parking

  • Parking Garage,Space/s
  • # of Cars 2

Building Information

  • Number of Units 591
  • Age of Building 51-60 Years
  • Exterior Construction Brick
  • Pets

  • Pets Allowed? Y
  • Pet Types Pet Weight Limitation

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Take Exit 47th Street On Lake Shore Drive Then Turn South On Lake Park Ave
  • Schools

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

  • Tax CO-OP
  • Tax Year 2025
  • Parcel Identification Number 20112160630000

Utilities

  • Sewer Sewer-Publ

Listed by: Real Broker, LLC | Phone: 217.960.8605
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/24/2026 12:02 PM. 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.

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