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$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
Full Property Details
Full Property Details for 4850 S Lake Park Ave #1507B
General
- Price: $40,000
- Taxes: (2025)
- Status: Active
- Type: Co-op
- Source: MRED
- MLS ID: 12603738
- Updated: 5/14/2026
- Added to Site: 21 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: Commuter Bus, Commuter Train
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 2
- Parking Features: Yes, Leased, Detached, Garage
Location
- Area: CHI - Kenwood
- County: Cook
- Township: Hyde Park
- Driving Directions: Take exit 47th street on Lake shore Drive then turn south on Lake Park Ave
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
- Pets Allowed: Yes
- Pets: Size Limit
- Pet Restrictions: Size Limit, / 20lbs.
- Mgmt. Company: Harper Square Cooperative
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Steam
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: High-Rise (7 or More Stories)
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 15
- Stories/Levels: 25
- Square Feet: 1,400
- Sq. Ft. Source: Estimated
- Year Built: 1971
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 591
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Size Limit
Financial Considerations
- Lease Price: $75
- Assessment Year: 1971
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Co-op
- Property ID: 20112160630000
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Schools
Schools serving 4850 S Lake Park Ave #1507B
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Shoesmith Elementary School 1330 East 50th Street, Chicago, IL 60615 | K-6 | 0.2 mi |
Ray Elementary School 5631 South Kimbark Avenue, Chicago, IL 60637 | 7-8 | 1 mi |
Kenwood Academy High School 5015 South Blackstone Avenue, Chicago, IL 60615 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4850 S Lake Park Ave #1507B
Date
Details
Price
Change
Source
5/02/2026
Listed
$40,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4850 S Lake Park Ave #1507B
4850 S Lake Park Avenue #1507B, Chicago, IL 60615 (MLS# 12603738) is a Co-op property with 2 bedrooms and 1 full bathroom. 4850 S Lake Park Avenue #1507B is currently listed for $40,000 and was received on May 02, 2026. Want to learn more about 4850 S Lake Park Avenue #1507B? Do you have questions about finding other Co-op real estate for sale in Kenwood? You can browse all Kenwood real estate or contact a Coldwell Banker agent to request more information.

